Simplex is providing the fiat infrastructure for the crypto globe. An EU licensed EMI (financial institution), Simplex processes credit card payments with a 100% zero chargeback guarantee – in case of a fraud chargeback, they put their money where their mouth is, and pay the merchant. Utilizing their cutting-edge proprietary fraud prevention solution and AI systems, Simplex blocks fraudulent users and allows legitimate ones to complete payments, thereby, increasing conversion rates and enabling merchants to focus on their own business growth. Simplex was started in 2014, by serial entrepreneur Nimrod Lehavi (CEO) along with Erez Shapira (CTO) and Netanel Kabala (CAO), both formerly from PayPal. Simplex began its journey in the high-risk cryptocurrency ecosystem and has become the leading provider of global credit and debit card processing for crypto exchanges, brokers, and wallets, with a full fraud chargeback guarantee. Simplex is launching the banking revolution the finance world awaits – A global, secure, crypto-friendly bank account and card, enabling easy fiat onramp and offramp while leveraging global partners network, multiple partnerships and payment infrastructure. With over 100 employees worldwide in 2019, Simplex plans to grow in multiple locations and to open offices in the UK, North America, and APAC, in addition to the existing EU offices and the Israeli HQ.
Company Mission ("Tagline"): The fiat infrastructure for the crypto world
Industry Classification: Financial Services (FinTec/FinSec)
Cybersecurity Specializations: Cybersecurity, anti-fraud, Fintech, bitcoin, e-commerce, bitcoin exchanges, bitcoin brokers, bitcoin wallets, credit card processing, and fraud prevention
Address/Location: 4 Ariel Sharon St., Givatayim, Israel 5320047, IL, United States
This oganization might be multinational; we list their HQ.
Company Size: 51-200 employees
Year of Incorporation: 2014
Main Website: Simplex
(Our Estimate) Funding (2021): US$ 5M
This is our estimate, might need updating.
Discovered Simplex Social Media Accounts