Payment Financial Technologies Ltd. (PaymenT)

payment-pay.co.il

Formerly Credit Shop, SwiPay

High-Tech Company
Public Company

(TASE: PMNT)

TECH VERTICALS

Data Analytics, FinTech

General Data

Sector	Enterprise Software & Infrastructure
Company Stage:	Initial Revenues
Established	2014
Number of Employees	25
Reg. Number:	abCDe

DESCRIPTION

PaymenT is a payment platform in businesses and a leader in its field. PaymenT's platform is used by hundreds of businesses and enables thousands of transactions every day.PaymenT actions are supervised by the Capital Market, Insurance and Savings Authority of the Ministry of Finance and is licensed under the Financial Services Supervision Law. Among the company's prominent shareholders are the YSB Group and the Baldi Group.

The company was established in 2014 with the vision of creating an alternative and fair means of payment for customers in businesses. The company bases its operations on innovative and advanced technology that is under development, which includes the development of advanced algorithms for credit risk analysis and credit-scoring. The company cooperates with banks, credit card companies and leading financial institutions and serves as a platform for them to sell credit in large volumes. The company's offices are located in Tel Aviv and it performs the day-to-day operation of the system as well as providing courteous and professional service to its customers.

TECHNOLOGY

The platform offers a technological alternative to traditional credit-providers, creating attractive terms for lenders, borrowers (consumers) and suppliers. PaymenT platform designed to become a method of payment.
PaymenT system allows consumers to get funding on-line, while purchasing goods or receiving professional services at the point of transaction (e.g. at the dentist or on-line stores). The platform also allows lenders, private or institutional, to invest capital for interest, based on risk-level. The platform includes advanced algorithms for risk-analysis and credit scoring of borrowers, a designated system for selling credit via suppliers, investment models for lenders, algorithms for borrowers-lenders matching and risk-dispersion, etc.

ESTIMATED ANNUAL SALES

	TARGET MARKETS
	Enterprises

	BUSINESS MODEL
	B2B

CONTACT INFO

Expand / Collapse All

Main Address: Tel Aviv, Israel

Address	1 Av St.
City	Tel Aviv
Country	Israel
Zip	6762782

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title	Previous Position
Mr. Yaniv Gilor	CEO & Co-Founder
Mr. Guy Yohanan	CTO & Co-Founder	Red Bend (Director of Business Development and Sales)
Mr. Oz Gabay	VP, Sales

	BOARD

Board

Member	Title	Affiliation
abC Defghij	Chairman	CEO, Tranzila Ltd.
abC Defghij	Board Member	Chairman, YSB

Public Offerings

Deal Date	Type of Offering	Exchange	Amount Raise	Valuation	Remarks
Oct. 11, 2021	IPO	TASE	abCDe	abCDe	Raised NIS 21.2m; Valuation NIS 102m

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

Expand / Collapse All

Round

Date

Stage

Amount

Valuation

PIPE

Aug. 09, 2022

Initial Revenues

abCDe

Raised NIS 24.5m; Valuation NIS 196m

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Hedge Fund	abCDe
abC Defghij	Hedge Fund	abCDe
abC Defghij	Hedge Fund	abCDe
abC Defghij	Hedge Fund	abCDe
abC Defghij	Institutional Investor	abCDe
abC Defghij	Institutional Investor	abCDe
abC Defghij	Institutional Investor	abCDe
abC Defghij	Investment Company	abCDe

Seed

Jan. 01, 2015

Seed

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij*	Corporate VC	abCDe
abC Defghij	Private Investor	abCDe

Last Updated:	abCDe
IVC Number:	abCDe