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.
Credorax was founded as a financial technology startup in 2007, in Southborough Massachusetts by Benny Nachman.
[7] In March 2022, Finaro announced its acquisition by US payments company Shift4 in a deal valued at USD 575 million.
[10] According to a Nilson Report, in 2019 Credorax introduced bank account facilities for its clients.