CRX Markets was founded in 2012 in Munich and set out to fix a problem every large company knows well: waiting 60 or 90 days to get paid on an invoice, while suppliers further down the chain wait even longer.
The tools are receivables finance and reverse factoring — selling an outstanding invoice to a bank or investor at a discount for cash today instead of at maturity. Neither technique is new; what CRX built is the marketplace layer around them, an automated platform connecting corporates to a network of more than 50 banks, institutional investors, and factoring companies, so that payables and receivables financing gets priced competitively instead of negotiated bank by bank.
The volumes are now substantial for a company most people outside corporate treasury departments have never heard of: more than EUR 2 billion in financing volume moves through the platform every month, cumulative volume has passed EUR 20 billion since launch, and the marketplace runs in more than 60 countries. CRX has also pushed into Sustainable Supply Chain Finance, tying supplier financing terms to ESG performance, and partnered with the IFC in 2025 to extend that model into emerging-market supply chains.
CRX is not a bank or a payments company — it is working-capital plumbing, the kind of infrastructure that keeps large buyer-supplier relationships liquid and that nobody notices until it is gone.