IXOLIT invests in German FinTech

27 October 2016,   By   

Our friends from IXOLIT are extending their payment solutions portfolio by investing a six digit number in the German startup SEPAexpress. Ixolit also supports the startup by integrating their payment solution into their own payment gateway IXOPAY. Among others, the Austrian Fintech experts Bernd Egger and Michael Müller (mPAY24 and co-founder of paysafecard) as well as Michael Rudhart, CEO of Windata, are already invested.

SEPAexpress is a white-label DirectDebit solution for 3rd party payments. Founder and CEO Viktor Brenner developed the product especially for payment providers as an easy installable, secure and affordable service for DirectDebit payments. DirectDebit is a very common und often used payment method in Europe. Almost every second costumer prefers paying with DirectDebit over credit card. Biggest advantages of DirectDebit for merchants are the low costs of transactions and high preference by costumers.

SEPAexpress is already the third investment of the Austrian IT company and payment provider IXOLIT this year, which is getting more active in the field of early stage investments. They invested a five digit number into BarriqueAffairs, which are producing a luxury Cooking Spoon made out of old wine barrels, and launching purchased.at, a payment solution platform specialized for merchants of digital goods.

We are more than happy to support them with our PR services regarding the transaction. You can read the full press release in German here. If you are interested in getting your transaction in the media, just give us a hint.