Success Stories

Credorax

Reaching new standards for innovation with Temenos T24 Transact in the cloud

After a decade of success working with leading eCommerce providers, Credorax set itself a new challenge. The company aimed to move beyond its traditional focus on acquiring banking and establish itself as a fintech disruptor. To achieve this, Credorax recently gained a full European commercial banking licence and deployed Temenos T24 Transact running on Microsoft Azure. The open platform will enable the company to develop a new range of services and take advantage of the emerging age of API-based banking. With Temenos on its side, Credorax has the tools to challenge established retail banks and attain new standards for innovation.

Adding Temenos was a no-brainer for us as we want to provide the scalability necessary to dominate the financial services industry and couple that with versatile and innovative cloud services […] Temenos enables us to be leaders in cloud banking technology and enhances our offering. That’s not only a win for both our businesses but for our customers as well.

Moshe Selfin, COO of Credorax

Temenos and Credorax deploy core banking platform in the cloud

Credorax and Temenos to offer best-in-class financial services to online merchants on the cloud