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Traxpay CEO Markus Rupprecht passes the baton


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Markus Wohlgeschaffen joins the “Geschäftsführung“ as Managing Director

Successful turnaround and start-up phase completed

A large number of important customers acquired

Deutsche Bank brought on board as shareholder

The Frankfurt-based fintech, Traxpay, a leading platform provider for supply chain finance, is changing course on the senior management front to support further and future growth. Founder, and for several years, CEO, Markus Rupprecht, will give up his operational responsibilities as of the end of August 2022.  He will accompany Traxpay strategically in the future as an Advisory Board member and shareholder.

Rupprecht returned to Traxpay at the end of 2016, transforming the fintech from a paymentâ€?s provider to a supply chain financing platform relying on close cooperation with banking partners. \”The turnaround is definitely complete,\” Rupprecht says. \”We have acquired numerous well-known customers for our platform and are cooperating with a large number of banks.\” Rupprecht\-s crowning achievement came two years ago when Deutsche Bank joined Traxpay as a shareholder.

\”Today, Traxpay is no longer a startup, but a well-positioned growth company. After the founding spirit of the early years, Traxpay now needs a senior team with extensive corporate management experience,\” says Rupprecht. The new Managing Director, Markus Wohlgeschaffen, was brought to Traxpay by Rupprecht eighteen months ago. Wohlgeschaffen is a highly regarded trade product expert, with extensive management experience as Global Head of Trade Products at UniCredit. \”Leveraging Traxpay\-s extensive growth potential, together with my colleagues in the management team, is a very attractive proposition,\” says Wohlgeschaffen.

\”We would like to thank Markus Rupprecht for his outstanding work over the past few years,\” says Stefan Franger, Chairman of the Advisory Board and one of Traxpay\-s main shareholders. \”Without his entrepreneurial expertise and achievements, Traxpay would not be a company with such a bright future.\” Rupprecht will be available to Traxpay until the end of 2022, also in regard to an upcoming capital increase. His focus will continue to be on the growth segment of supply chain finance. \”I look forward to supporting Traxpay\-s success story in a different role.\”

Traxpay ist eine schnell wachsende Online-Plattform für Lieferantenfinanzierung, die mit einem Multibanken-Ansatz aus Europa heraus global agiert und schon heute Lieferanten in über 30 Ländern bedient. Mit der Mission, die \”Platform of Choice\” für Käufer, Lieferanten und Banken zu werden, ermöglicht Traxpay Unternehmen ein einfaches, sicheres und nachhaltiges Working Capital Management mit allen gängigen Instrumenten der Lieferkettenfinanzierung.

Etablierte Finanzinstitute wie die Deutsche Bank, DZ Bank, Nord/LB, LBBW, Raiffeisen Bank International und die KfW IPEX-Bank vertrauen der Finanzierungslösung von Traxpay und pflegen strategische Partnerschaften mit dem Unternehmen. Durch ein neues Sustainable-Supply-Chain-Finance-Programm können Plattformnutzer die Nachhaltigkeit ihrer Lieferketten finanziell incentivieren.

Posted by on 2. August 2022. Filed under Internet, Picture Gallery. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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