Simplex

Simplex

Vijil Emerges from Stealth with Seed Funding from Mayfield and Gradient Ventures to Help Enterprises Build Generative AI Agents That They Can Trust
GBG IDology Announces Innovations to Cross-Industry, Real-Time Fraud Intelligence Solution; Introducing GBG Trust in the U.S. Market
Forcepoint Launches Comprehensive GenAI Security
Lookout Named a Leader in Mobile Threat Defense Solutions by Independent Research Firm
Artificial Intelligence (AI) in Cybersecurity Market to Surpass USD 114.30 Billion Valuation in 2031 on the Back of Rapidly Evolving Threat Landscape | SkyQuest Technology
CrowdStrike Falcon Complete Next-Gen MDR Sets the New Standard for Managed Detection and Response
Rising Theft and Falling Trust Spur Consumer Demand for Package Protection
Eclypses Secure MTE® Data Protection Technology Now Available in AWS Marketplace
SymphonyAI and Absa Group Recognized as ICA Compliance Awards “2024 Technology Partner of the Year” for Predictive and Generative AI SaaS Innovations
Securden Recognized as a Market Leader in GigaOm Radar Report for Enterprise Password Management
BigBear.ai’s Troy™ – AI for Reverse Engineering in Cybersecurity – newest ‘Awardable’ product on DoD’s Tradewinds procurement platform
o9 Enhances Its Digital Brain Platform With Generative AI-Powered Composite Agents to Execute Complex, Cross-Functional Planning

Simplex

Simplex
Business Genre
Long Business Description

Simplex is an EU licensed financial institution that provides an online fraud-free payment processing solution. Simplex enables merchants worldwide to accept diverse payment methods, including credit card deposits and purchases, with zero exposure to chargeback risk. The company also operates a secure escrow service for large fiat-to-crypto transactions. Simplex’s AI technology analyzes every transaction using proprietary, fully automated, machine-learning algorithms that eliminate fraud while increasing conversion. By combining advanced payment processing with state-of-the-art fraud prevention technology, Simplex allows crypto merchants to introduce credit card purchasing to mainstream users worldwide. In addition to enhancing business growth, this combined solution significantly decreases the percentage of false declined transactions, which ultimately leads to an increase in conversions and complete peace of mind. As an active force in the crypto industry, Simplex identified the need to simplify the purchasing process for mainstream users, giving them a familiar e-commerce experience. Working with the largest crypto platforms and processing billions of dollars annually, Simplex has become the new industry standard. Founded in 2014 and initially operating in the crypto ecosystem, Simplex has expanded its services to the e-commerce industry and other verticals. As one of the fastest growing fintech companies in Israel and a market leader with over 100 employed personnel, Simplex is currently recruiting more than 20 new employees. In addition to its existing EU offices and Israeli HQ, Simplex has opened offices in the UK, North America, and Lithuania. Simplex has invested a great deal in creating a vibrant culture based on innovation, creativity, constant learning, and lively team spirit. As an equal opportunity employer, Simplex’s diverse professional positions are shared equally by women and men. For more info and open positions, please visit simplex.com/join-us

Business Website Address
Business Address
Ramat Gan, Tel Aviv, Israel
Employees
51-100
Year Founded
2014
Funding Raised
$9M

Ratings

There are no reviews yet.

Please login to leave a review.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?