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Finaro information


Credorax Bank Limited
Company typePrivate
Traded as
Finaro
IndustryFinancial services
Founded2007; 17 years ago (2007)
HeadquartersHerzliya, Israel
Key people
Benny Nachman (Founder & former CEO)
Igal Rotem (CEO since 2016)
Moshe Selfin (CTO & COO)
ProductsAcquiring Technology, Banking Technology, Payment Technology, Processing Services, Information Based services
Websitewww.credorax.com
finaro.com
shift4.com

Finaro (the trading name of Credorax, Inc.), is an Israel-based online merchant acquiring bank and payment service provider (PSP).[1][2] Established in 2007 by Benny Nachman, the company operates in the European Union, United States, and China.[3]

In October 2023 Finaro was acquired by Shift4[4] and now operates under the Shift4 brand name.

  1. ^ Gage, Deborah. "Credorax Banks $40M for International Expansion". WSJ. The Wall Street Journal.
  2. ^ "Israel's Credorax CEO Eyes $200 Million IPO to Fund Expansion". Bloomberg.
  3. ^ "Samsung SDS to Provide Its Blockchain Platform to Credorax of Israel". Business Korea. 5 March 2020.
  4. ^ "Shift4 Completes Acquisition of Finaro to Accelerate European Expansion and Enhance eCommerce Capabilities". Shift4. 2023-10-26. Retrieved 2023-11-22.

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Finaro

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Finaro (the trading name of Credorax, Inc.), is an Israel-based online merchant acquiring bank and payment service provider (PSP). Established in 2007...

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Shift4

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other entertainment venues. A year later, the company announced it acquired Finaro. The company's business model involves integrating payment processing services...

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