Total Funding
53
50
Total FundingVenture - Series Unknown raised
Growth Score
-4 pts
Heat Score
4 pts
Company Performance Metrics
Score
Trend
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Growth Score - The measure of growth based on company activity, operational metrics, and investments
Growth Trend - The change in the growth score over the given time period
Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity
Heat Trend - The change in the heat score over the given time period
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27670
Simplex is an EMI licensed Fintech company providing fraudless payment processing solutions to online merchants
- Nimrod Lehavi: Co-Founder & CEO
- Erez Shapira: Co-Founder & CTOPast Role: PayPal, Team Leader in real-time risk automated decision system
Nuvei
About the Company
Fully regulated as a financial institution, Simplex processes credit card payments with a 100% fraud protection guarantee – in case of a fraud chargeback, the merchant gets paid by Simplex. Utilizing its cutting-edge fraud prevention solution and AI technology, Simplex blocks fraudulent users and allows legitimate users to complete payments,
thereby, increasing conversion rates and enabling merchants to focus on their business growth. In today's banking echo-system Crypto-related businesses are underserved. Simplex enables personal individuals and businesses to get an EU IBAN account for their banking activity having all the necessary payment account functions
