Decentralized Mobile Applications Ltd. (PayKey)

www.paykey.com

Formerly GetGems

High-Tech Company

Accelerated by: Accenture FinTech Innovation Lab

TECH VERTICALS

Banking Infrastructure, FinTech Blockchain, Mobile Applications, P2P, Payments, PayTech, Social Commerce, White Label

General Data

Sector	Consumer-Oriented Software
Company Stage:	Initial Revenues
Established	2014
Number of Employees	30
Reg. Number:	abCDe

DESCRIPTION

PayKey enables banks, telcos, and mobile wallets to offer their customers instant access to a variety of financial services, including P2P payments, balance check, top-ups and more - from within ANY mobile app, including all social and messaging apps. Our patented Social Payments Solution™ creates a frictionless experience that drives customer engagement and keeps services always in front of customers.

As social messaging apps become a prominent communication channel for customers at all ages, PayKey streamlines services into users’ digital lives. While banks and telcos already offer their services through dedicated apps, using them requires leaving the messaging app and disrupting the natural flow of the social conversation. PayKey’s solution is based on a state-of-the-art smartphone keyboard that includes a branded banking/telco button, which opens a menu of services, fully customized to the offerings of the service provider. This keeps services in front of customers no matter what they’re doing on their phones, helping position the service provider as an innovation leader.

As a white label solution, PayKey’s keyboard is seamlessly integrated at the API level of the service provider’s app. Since there is no backend integration involved in the process, no changes are required in service flows, payment rails and authentication methods. Moreover, the solution is as secure as the app itself.

TECHNOLOGY

Mobile Payments, P2P Payments, Social Payments, Text Message Payments.

	TARGET MARKETS
	Financial Institutions; B2B2C licensing model.

	BUSINESS MODEL
	B2B

SERVICE PROVIDERS

Company Name	Type
abC Defghij	Law Firm
abC Defghij	Accounting Firm
abC Defghij	Patent Attorneys

CONTACT INFO

Expand / Collapse All

Main Address: Tel Aviv, Israel

Address	9 Tversky St.
City	Tel Aviv
Country	Israel
Zip	6721010

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

Branch Address: Tokyo, Japan

City	Tokyo
Country	Japan

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

Branch Address: Singapore, Singapore

City	Singapore
Country	Singapore

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

Branch Address: Manila, Philippines

City	Manila
Country	Philippines

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

	MANAGEMENT

Key Executive

Name	Title	Previous Position
Ms. Sheila Kagan	CEO	Matomy (VP, Client Relations)
Mr. Offer Markovich	Co-Founder	Barak Capital (CTO)
Mr. Daniel Peled	Co-Founder

	BOARD

Board

Member	Title	Affiliation
abC Defghij	Board Member	CEO & Co-Founder, PayKey
abC Defghij	Board Member	Managing Director, Wharton Asset Management
abC Defghij	Board Member	Operating Partner, MizMaa Ventures

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

Expand / Collapse All

Round

Date

Stage

Amount

Valuation

Second Round

Jul. 04, 2017

Initial Revenues

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe	Led the round
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Corporate VC	abCDe
abC Defghij	Angel Club/ Group	abCDe
abC Defghij	Holding Company	abCDe
abC Defghij	General Accelerator	abCDe
abC Defghij	General Accelerator	abCDe

First Round

Nov. 22, 2016

R&D

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe	Led the round
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Corporate VC	abCDe
abC Defghij	Private Investor	abCDe

Seed

Jan. 05, 2015

Seed

abCDe

	Non-Equity Assistance

Expand / Collapse All

Date

Stage

Remarks

Non-Equity Assistance

Oct. 02, 2017

R&D

Contributor	Type	Amount	Remarks
abC Defghij	General Accelerator	abCDe

Non-Equity Assistance

Jun. 21, 2016

R&D

Contributor	Type	Amount	Remarks
abC Defghij	Corporate Accelerator	abCDe

Non-Equity Assistance

Mar. 13, 2016

R&D

Contributor	Type	Amount	Remarks
abC Defghij	Corporate Accelerator	abCDe

Non-Equity Assistance

Jan. 04, 2016

R&D

Contributor	Type	Amount	Remarks
abC Defghij	Corporate Accelerator	abCDe

Non-Equity Assistance

Nov. 19, 2015

R&D

Contributor	Type	Amount	Remarks
abC Defghij	General Accelerator	abCDe

Non-Equity Assistance

Jul. 01, 2015

R&D

Contributor	Type	Amount	Remarks
abC Defghij	Corporate Accelerator	abCDe

Last Updated:	abCDe
IVC Number:	abCDe