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About
Global Ewallet Payment Solutions
GATE (Global Acceptance Transaction Engine) has created a solution that allows eWallet payments to be accepted anywhere in the world without the need for merchant integration. The GATE solution converts eWallet transactions into card transactions by creating a unique 16-digit card number for each transaction and then rendering that number useless upon completion of the transaction, providing unprecedented security for all users. GATE is set to revolutionize the payment industry by enabling global acceptance of eWallet systems either online or via physical merchants, with no merchant integration required and a near-zero risk of card fraud.
Identity
| Name | GATE |
|---|---|
| Slug | biothent |
| Former names | Biothent Security, TokenID |
| Type / kind | startup |
| Crunchbase ID | tokenid |
| Source _id | agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAgJ7OrrkIDA |
Status
| Status | inactive |
|---|---|
| Status reason | Non Active, Jul 2019 ceased to operate |
| Last update | 2026-05-17 |
Location
| HQ country code | IL |
|---|---|
| HQ city | Ramat Gan |
| HQ address | Bezalel St 4, Ramat Gan, Israel |
Web & social
Classifications
Primary sector Fintech & Insurtech
Sub-sectors
Fintech & InsurtechMoney Transfer & Management
Technologies
Platforms & InterfacesSoftware
Target customers
Financial ServicesFinancial InstitutionsBanksEnterprise & Professional ServicesEnterprises
Business models
B2B
Tags
patent-pendingauthenticationfintechtokenizationbanksiamtransactionspaymentsdigital-walletdigital-mediafinancial-institutionscredit-cardsmobile-payments
Funding
| Total raised | $3.2M |
|---|---|
| Current stage | Mature |
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