10 2023

Series A

Exclusive financial advisor to the company and its shareholders

Transaction Summary

Payrexx secured a series A growth investment from a consortium of Icelandic investors. The proceeds of the capital raise will be used to further expand product and distribution capabilities, as well as to expand beyond its current geographies served.
Founded in 2015 and headquartered in Thun, Payrexx is an innovative payment service provider to SME merchants in over 80 countries, featuring a state of the art platform. The Company offers more than 200 payment methods including traditional card payments acquiring in partnership with 3 merchant acquirers, and designed solutions for marketplaces.
Payrexx is certified according to PCI DSS, compliant with PSD2 and strong customer authentication requirements. The Company offers its services directly to merchants in Switzerland and beyond, and as white label gateway solution via partners to merchants outside.
Payrexx is a licensed payment institution regulated by the Swiss authorities and is in the process of obtaining a PI license in the EU (Denmark).

Corestar Partners’ Role

Corestar Partners acted as exclusive financial advisor to Payrexx and its shareholders.
This transaction underlines Corestar Partners’ #1 position as Europe’s undisputed M&A advisory market leader in the payment service sector and furthermore highlights Corestar Partners leading position in European Fintech M&A.
The acquisition of Tillhub represent Corestar Partners’ 35th transaction in the European Fintech sector. The long list includes advisory mandates to Datatrans, Clearhaus, QuickPay, 3DSecure, Paysafe Group, Borgun, Sipay, Heidelpay, Vibbek, mPAY24, PCS, Simplepay, HiPay, Concardis, Sofort, and Klarna, among others.