The payment services company has now secured $19m across two rounds from backers including Commerzbank and Software AG.

Traxpay, a US and Germany-based payments provider, has raised $15m in a series B round led by corporate venturing units from financial services firm Commerzbank and software producer Software AG.

Other investors in the round included Earlybird Venture Capital and angel investor Michael Phillips of Castik Capital Partners. Earlybird previously led a $4m A round in Traxpay in June 2012.

As part of the series B round Holger Werner, head of corporate banking for Commerzbank, and Frederic Hanika, senior vice-president…