CRX Markets AG
- Company typePrivate
- Founded2012
- HeadquartersMunich, Germany
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
CRX Markets AG firmographics
Firmographics- Name
- CRX Markets AG
- Legal name
- CRX Markets AG
- Website
- https://crxmarkets.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
CRX Markets AG industry classification
Industry- Product category
- Supply Chain Finance Platform
- NAICS
- Securities and Commodity Exchanges (52321), Securities and Commodity Contracts Intermediation and Brokerage (5231), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211), Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Asset-Backed Securities (6189)
- akta.pro primary industry
- Centralized Crypto Exchanges (CEX) (FSAPADAA)
Keywords
Where CRX Markets AG is headquartered
LocationHeadquarters
- HQ city
- Munich
- HQ country
- Germany
- HQ region
- Europe
Offices4 records
Markets served
CRX Markets AG business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure, Others
Revenue model
- Investment brokerage (Anlagevermittlung) per § 2 WpIG: CRX Markets AG is licensed by BaFin as an investment broker (Anlagevermittlung) for securities (Schuldverschreibungen) issued by the Luxembourg issuer PURE Finance S.A. The company matches investor orders with the issuer, charging a CRX transaction fee embedded in the discount that suppliers grant on receivables. Investors themselves pay no fees, costs or charges.
- Transaction-based CRX Transaction Fee: Volume-based CRX transaction fee charged to the issuer PURE Finance S.A. for transaction services. Fees decrease as financing volume increases (transaction-volume-based pricing that scales). Customers and suppliers do not pay setup/onboarding fees; fees only apply once financing is realized. Offer is free for financing partners.
- Multi-product SaaS Platform Fees: Software-as-a-Service platform for working capital finance. Revenue tied to realized financing volumes across multiple product lines (reverse factoring, factoring, dynamic discounting, supplier payment solution, multi-bank intermediation). Customer base primarily mid to large cap corporates worldwide.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Transaction-volume-based pricing that scales downward with higher financing volumes; no setup/onboarding fees for customers or suppliers; free for financing partners |
| Other | Pay-as-you-go | No fees, ancillary costs or other charges for investors using the investment brokerage service |
Go-to-market motion5 records
Distribution channels5 records
Marketing channels8 records
CRX Markets AG product offering
Product offeringCore offering
CRX Markets AG operates the CRX Marketplace, a digital SaaS marketplace that connects medium to large corporates (buyers and suppliers) with 50+ financing partners (banks, institutional investors, and factoring companies) for working capital financing on both sides of the balance sheet. The platform delivers Reverse Factoring (Supply Chain Finance), Dynamic Discounting, Factoring/Receivables Finance, Supplier Payment Solution, and Sustainability/ESG-linked financing, with proprietary ERP integration (48-hour onboarding) and auction-based competitive pricing. CRX Markets AG is BaFin-licensed as an investment broker and ISO/IEC 27001:2022 certified.
Product overview
CRX Markets AG operates a single unified digital marketplace — the CRX Marketplace — that connects corporates and financing partners for working capital financing on both sides of the balance sheet. The marketplace is composed of several complementary modules rather than separate products: Reverse Factoring (Supply Chain Finance), Dynamic Discounting, Factoring / Receivables Finance, the Supplier Payment Solution (SPS), and Sustainability / ESG-linked financing, all delivered through three funding programs (Multi-Bank, Multi-Investor via a Luxembourg SPV called PURE Finance S.A., and Multi-Bank Intermediation via an Irish SPV). Underpinning the offering is the proprietary CRX ERP Add-on, which connects customer ERP systems (including SAP) to the marketplace for end-to-end process automation. The platform is operated by a regulated German securities institution (CRX Markets AG, BaFin-registered) and serves more than 50 financing partners.
Differentiator
Problem solved
Functional benefit
Brands
- CRX Marketplace: Digital marketplace operated by CRX Markets AG for global working capital financing, connecting corporates and financing partners. Offers supply chain finance (reverse factoring), factoring/receivables finance, dynamic discounting, supplier payment solution, and sustainability-related financing solutions.
- Supplier Payment Solution (SPS)
Products and services
- CRX Marketplace Europe's leading digital marketplace for working capital financing that brings corporates (buyers and suppliers) and 50+ financing partners (banks, institutional investors, factoring companies) together to finance receivables and payables on both sides of the balance sheet with 24/7 access.
- Reverse Factoring (Supply Chain Finance) Payables finance solution in which the buyer finances supplier receivables through a financing partner at reasonable funding costs before the original payment term, providing suppliers with early liquidity.
- Dynamic Discounting Payables finance solution that lets buyers settle supplier invoices before the original payment term at an agreed discount, available in buyer-centric and supplier-centric models with analytic tools to optimize deployed liquidity.
- Factoring / Receivables Finance Receivables finance solution in which corporates sell outstanding trade receivables to selected banks or factoring companies on a non-recourse basis, either as individual receivables or as a revolving portfolio via silent cession.
- Multi-Bank Program Multi-bank solution in which banks purchase buyer-confirmed receivables directly from suppliers, offering competitive financing conditions and managing conditions, limits and daily financing transactions directly on the CRX platform.
- Multi-Investor Program (Securitization via PURE Finance S.A. Luxembourg SPV) Solution in which banks and institutional investors (asset managers like PIMCO, pension funds, family offices) purchase confirmed receivables in the form of a security, with refinancing handled via a Luxembourg-based SPV (PURE Finance S.A.) and securities placed via open auctions supporting standing orders or live bids.
- Multi-Bank Intermediation Solution in which suppliers sell their receivables to an Irish SPV operated by CRX Markets, which immediately on-sells these receivables to selected financing partners. Financing partners face only one counterparty (the Irish SPV), simplifying operations similarly to the well-known bank participation model.
- Supplier Payment Solution (SPS) Supplier payment offering delivered with cooperation partner Delfactis; enables buyers to pay suppliers immediately while securing liquidity from financing partners via the CRX Marketplace, with central administration and 100% del credere insurance.
- CRX ERP Add-on Proprietary integration add-on that connects customers' ERP systems (including SAP company codes) to the CRX Marketplace, enabling automated processes from supplier candidate selection through invoice upload to payee reassignment, with technical integration designed to be completed within 48 hours.
Quantifiable outcome
- EUR 20 billion+ financed on the marketplace since launch
- +8 more outcomes
Companies that use CRX Markets AG
Customer profileNamed customers12 records
Segments5 records
Ideal customer profiles3 records
CRX Markets AG technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
Feature10 records
CRX Markets AG partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered key cooperation partner, supporting partner, core strategic partner, high-profile institutional partner, infrastructure vendor, sales technology vendor, hr technology vendor and analytics vendor.
- Delfactiskey cooperation partnerDelfactis is an international, regulated service provider specializing in optimizing accounts receivable and payable management, offering central administration and del credere insurance to guarantee 100% protection of supplier receivables. As CRX Markets' partner in the Supplier Payment Solution (SPS), Delfactis pays CRX Markets' customers' suppliers immediately and secures liquidity from financing partners via the CRX Marketplace.
- Calculumkey cooperation partnerCalculum is a science-driven, AI-powered supply chain analytics platform designed to unlock working capital and generate billions in free cash flow. It provides finance and procurement teams with insights to optimize payment terms, benchmark performance, and manage supply chain risks, enhancing overall financial stability and sustainability.
- UNIORGsupporting partnerInternational full-service provider with a passion for SAP solutions. UNIORG has supported customers for over 40 years and provides the right SAP-based solutions to improve company business success regardless of company or project size — supports CRX Marketplace ERP integration deployments.
- EcoVadiskey cooperation partnerEcoVadis is the world's most trusted provider of business sustainability ratings. Its evidence-based ratings, validated by a global team of experts, offer actionable scorecards to improve environmental, social, and ethical practices. CRX Markets partnered with EcoVadis to integrate ESG ratings across corporate financing offers on the marketplace.
- PURE Finance S.A.core strategic partnerLuxembourg-based issuer (special purpose vehicle) for the multi-investor solution. CRX Markets AG acts as investment broker (Anlagevermittlung) and matches investor orders with the securities (Schuldverschreibungen) issued by PURE Finance S.A. The CRX transaction fee is charged to PURE Finance S.A. for transaction services. PURE Finance S.A. issues bonds to investors and refinances the receivables purchased from suppliers.
- International Finance Corporation (IFC)high-profile institutional partnerCRX Markets was selected by the IFC (member of the World Bank Group) as a delivery partner for its US$1 billion Global Trade Supplier Finance Programme, recognizing CRX's capability in supply chain finance delivery.
- Amazon Web Services, Inc.infrastructure vendorExternal hosting provider for the CRX website and CRX Marketplace. Personal data collected is stored on AWS servers within Germany under a Data Processing Addendum concluded to ensure GDPR compliance.
- FastComet Inc.infrastructure vendorExternal hosting provider for the CRX website and CRX Marketplace. Personal data collected is stored on FastComet servers within Germany under a Data Processing Addendum concluded to ensure GDPR compliance.
- Hubspot, Inc.sales technology vendorCRM tool used by CRX Markets to store all contact details of customers and prospects for sales activities. Data processing agreement in place to ensure GDPR compliance.
- Zoho Corporationsales technology vendorCRM tool currently used by CRX Markets for handling of customer contact details (per the German-language data privacy policy). Data processing agreement in place to ensure GDPR compliance.
- Everyday Software, S.L. (Factorial)hr technology vendorHR management tool used to store applicant data. Data exclusively stored on Factorial servers based in the European Union. Data processing agreement in place to ensure GDPR compliance.
- InnoCraft Limited (Matomo)analytics vendorOpen-source web analytics service used on the CRX Marketplace. Hosted on a dedicated cloud instance within the European Union that meets all GDPR requirements so that all analysis data remains with CRX Markets and is not shared.
- Google LLC (Google Analytics)analytics vendorWeb analytics service used on the CRX website. Outsourced data processing agreement in place; IP anonymization feature activated for visitors from the EU/EEA.
Scale indicators12 records
Recent moves6 records
Expansion highlights6 records
CRX Markets AG competitors and assessment
Company assessmentDirect peers
- TIS (Treasury Intelligence Solutions): SaaS platform for corporate payments, cash visibility and bank connectivity that powers global SCF, dynamic discounting and buyer-supplier financing programs for large corporates. Directly comparable as a multi-bank SCF and working capital platform targeting treasurers.
- C2FO: Global working capital marketplace operating dynamic discounting, supply chain finance and early payment programs for enterprises and their suppliers. Directly comparable as a multi-funder, multi-product marketplace with similar buyer/supplier/funding-partner model.
- PrimeRevenue: Largest independent global supply chain finance platform, often cited as the gold standard. Operates a multi-funder, multi-bank SCF marketplace similar to CRX, serving large global corporates and a deep network of bank funders — directly comparable in product scope and target customers.
- LiquidX: Fintech platform operating a marketplace for trade finance including receivables, payables and supply chain finance, with institutional investors and banks as funders. Comparable as a multi-funder marketplace for working capital assets, including securitization of receivables.
- Taulia: Working capital and supply chain finance platform now owned by SAP, offering dynamic discounting, supply chain finance and in-network financing integrated into SAP ERP. Directly comparable to CRX for the ERP-native SCF and dynamic discounting use cases.
- Tradeshift: Global trade and supply chain finance platform combining procurement, e-invoicing and working capital finance (including supply chain finance and dynamic discounting). Comparable in the buyer-supplier working capital space, though more procurement-led than CRX.
Others
- Montran: Provider of payment, settlement and securities infrastructure widely used by banks and SCF platforms (including SCF back-office and asset-servicing modules). Comparable as enabling technology for SCF programs and marketplace-style financing architectures.
Broad incumbents
- FIS (Demica): Demica is an SCF platform (multi-bank, multi-investor receivables and payables finance) acquired by FIS, now distributed as part of FIS' broader corporate treasury and trade finance suite. Comparable as a marketplace-style SCF provider, but with the scale and balance sheet of a global incumbent.
- Kyriba: Cloud treasury and risk management platform offering integrated supply chain finance and dynamic discounting modules alongside cash, payments and FX. Comparable as a buyer-side working capital solution, though broader in scope and primarily a treasury platform.
Emerging players
- Marco Polo Network: Blockchain-based trade and supply chain finance network enabling banks, corporates and platforms to transact SCF and receivables financing. Comparable as an alternative SCF infrastructure player, with a narrower geographic footprint and a focus on distributed-ledger settlement.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
CRX Markets AG social profiles
Digital presenceCRX Markets AG compliance and trust
Trust signalCompliance3 records
CRX Markets AG financial estimates
Financial estimateRevenue estimate
Valuation estimate
CRX Markets AG leadership team
Management profileNumber of profiles
Profiles11 records
CRX Markets AG subsidiaries and ownership
Company hierarchySubsidiaries2 records
CRX Markets AG funding detail
Funding detailFunding overview
Funding rounds4 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CRX Markets AG M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CRX Markets AG
What does CRX Markets AG do?
CRX Markets AG operates the CRX Marketplace, a digital SaaS marketplace that connects medium to large corporates (buyers and suppliers) with 50+ financing partners (banks, institutional investors, and factoring companies) for working capital financing on both sides of the balance sheet. The platform delivers Reverse Factoring (Supply Chain Finance), Dynamic Discounting, Factoring/Receivables Finance, Supplier Payment Solution, and Sustainability/ESG-linked financing, with proprietary ERP integration (48-hour onboarding) and auction-based competitive pricing. CRX Markets AG is BaFin-licensed as an investment broker and ISO/IEC 27001:2022 certified.
Is CRX Markets AG a public or private company?
CRX Markets AG is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was CRX Markets AG founded?
CRX Markets AG was founded in 2012. It employs 51 to 100 people.
Where is CRX Markets AG based?
CRX Markets AG is headquartered in Munich, Germany, in the Europe region.
How does CRX Markets AG make money?
Three revenue lines are on record. Investment brokerage (Anlagevermittlung) per § 2 WpIG is the primary driver. The others are transaction-based CRX Transaction Fee and multi-product SaaS Platform Fees.
Who are CRX Markets AG's main competitors?
Direct peers on record are TIS (Treasury Intelligence Solutions), C2FO, PrimeRevenue, LiquidX, Taulia and Tradeshift. Montran is listed as an others. Broad incumbents are FIS (Demica) and Kyriba. Marco Polo Network is listed as an emerging player.
Does CRX Markets AG have an API?
No public API is recorded for CRX Markets AG.
What industry is CRX Markets AG in?
CRX Markets AG's product category is Supply Chain Finance Platform. Its primary akta.pro industry code is FSAPADAA, Centralized Crypto Exchanges (CEX). Its NAICS code is 52321 and its SIC code is 6211.