Alephpay

Payroll Solutions for Unbanked Employees

Business Software
Non Active, Feb 2021 ceased to operate
Seed Tel Aviv-Yafo, Israel Founded 2017
LinkedIn
Last updated 2026-06-18
Total raised
$300K
Last: 2018-07
Stage
Seed
Founded
2017
Headcount
1-10
HQ
Tel Aviv-Yafo, Israel
Sector
Business Software

About

AlephPay provides payroll and cross-border payment solutions to companies that employ foreign and unbanked workers. Employees can download AlephPay's digital wallet to cash their paychecks, send money to 100 countries, and use a MasterCard at any store or ATM.

Funding history · 1 round · $300K total

2018-07

Q&A

What is Alephpay's primary business?
Alephpay provides payroll and cross-border payment solutions for companies that employ foreign and unbanked workers. Their digital wallet allows employees to cash paychecks, send money internationally, and use a MasterCard.
When was Alephpay founded?
Alephpay was founded in September 2017.
What is the current status of Alephpay?
Alephpay is currently inactive and ceased to operate in February 2021.
Where is Alephpay headquartered?
Alephpay is headquartered in Tel Aviv-Yafo, Israel.
How much funding has Alephpay raised in total?
Alephpay has raised a total of $300,000.
When was Alephpay's last funding round?
Alephpay's last funding round occurred in July 2018, raising $300,000.
Who were the co-founders of Alephpay?
The co-founders of Alephpay were Asaph Sivan and Shahar Oz. Both are no longer with the company.

Team · 2

Founder · Co-founder (No longer with the company)
LinkedIn ↗
Founder · Co-founder (No longer with the company)
LinkedIn ↗

Sectors & technology

Primary sector
Business Software
Sub-sectors
Business SoftwareOperations SolutionsHuman Resources ManagementFintech & InsurtechFinancial Operations Software
Technologies
Platforms & InterfacesWeb
Target customers
ConsumersEnterprise & Professional ServicesEnterprises
Business model
B2B

Highlights

Verified

Tags

mobile-applicationsenterprise-solutionsunbankedfintechremittancesdigital-walletpersonal-financecard-paymentspayrollpaymentssaascryptocurrency
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)

External links

LinkedInlinkedin.com/company/11349257

Identifiers & details

Founded2017-9
OfficesPalo Alto
Status reasonNon Active, Feb 2021 ceased to operate