Last updated 2026-06-18
- Acquired by Shift4, Mar 2022
- Raised $40M funding round, Oct 2014
- Raised $40M funding round, Aug 2013
Total raised
$172.6M
Last: 2018-03
Stage
Acquired
Founded
2008
Headcount
250
HQ
Herzliya, Israel
Sector
Fintech & Insurtech
About
Finaro is a smart payment provider and fully licensed bank, providing cross-border processing for eCommerce and omni-channel payments. The company's gateway technology, Source, has been developed in-house to provide a smart, secure, and streamlined payment experience to help merchants better manage their payments. Finaro merchants can accept more than a hundred cards and local payment methods and get paid in their currency of choice. Finaro's merchants also enjoy best-in-class approval rate optimization, advanced anti-fraud protection, business intelligence, and a host of other value-added services and products. Finaro was developed by Credorax.
Funding history · 7 rounds · $172.6M total
2018-03
Undisclosed
2016-04
$2.0M
2016-04
$17.0M
2014-10
2013-08
$40.0M
2013-04
2011-09
$3.6M
Q&A
- What is Finaro's current status?
- Finaro was acquired by Shift4 in March 2022 and is currently inactive due to the acquisition.
- What is Finaro's primary business?
- Finaro is a smart payment provider and fully licensed bank, offering cross-border processing for eCommerce and omni-channel payments.
- When was Finaro founded?
- Finaro was founded in January 2008.
- How many employees does Finaro have?
- Finaro has an employee count in the 201-500 range.
- What was Finaro's total funding raised?
- Finaro raised a total of $172,613,679 across multiple funding rounds.
- Which investor participated in Finaro's April 2013 funding round?
- Blumberg Capital participated in Finaro's funding round in April 2013.
- Which investor participated in Finaro's August 2013 funding round?
- FTV Capital participated in Finaro's funding round in August 2013.
- Where is Finaro's headquarters located?
- Finaro's headquarters is located in Herzliya, Israel.
Team · 1
Sectors & technology
Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechMoney Transfer & Management
Technologies
Platforms & InterfacesAPI
Target customers
Commerce & RetailDistribution ChannelsOmni ChanneleCommerce PlatformsFinancial Services
Business model
B2B
Highlights
1 PatentsVerified
Tags
online-retailerspaymentsfintechtransactionsbanksonline-shoppingenterprise-solutionsecommercefinancial-servicesomni-channel
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| linkedin.com/company/77051845 | |
| facebook.com/Finaroofficial | |
| YouTube | youtube.com/channel/UC0DbFnPk_8gwTCj2mN4Qvmw |
| instagram.com/finaro_official |
Identifiers & details
| Former names | Credorax |
|---|---|
| Founded | 2008-1 |
| Employees (exact) | 250 |
| Offices | Hong Kong; Valletta; Amsterdam |
| Status reason | Acquired (Inactive) by Shift4 on Mar 2022 - closed due to acquisition |
Acquisitions & public offerings
Acquired by Shift4 2022-03