About
Convergent Billing, Charging, and Policy Control
FTS is a global provider of convergent billing, charging, customer care, policy control, and payment solutions designed to provide increased flexibility and independence for communications and content service providers for a reduced total cost of ownership. The company offers solutions for both growing and established providers. It deploys its full range of end-to-end and add-on telecom billing and policy control solutions to customers in more than 40 countries in the wireless, wireline, cable, MVNE and MVNO, M2M and IoT, broadband, content, cloud, mobile money, and eCommerce markets, including multiple convergent installations. FTS is a Magic Software Group company.
Identity
| Name | FTS |
|---|---|
| Slug | fts |
| Former names | Formula Telecom Solutions |
| Type / kind | startup |
| Crunchbase ID | formula-telecom-solutions |
| Source _id | agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAgL6omt8IDA |
Status
| Status | active |
|---|---|
| Last update | 2026-05-17 |
Location
| HQ country code | IL |
|---|---|
| HQ region/district | Center District |
| HQ city | Or Yehuda |
| HQ address | Yehadut Canada St 1, Or Yehuda, Israel |
Web & social
| Website | https://www.fts-soft.com |
|---|---|
| https://www.linkedin.com/company/9009 | |
| Twitter / X | https://twitter.com/FTS_Billing |
| YouTube | https://www.youtube.com/channel/UC3XkROAcjWyOEAIfx4Qkcqw |
Classifications
Primary sector Business Software
Sub-sectors
Fintech & InsurtechMoney Transfer & ManagementBusiness SoftwareIT, R&D & Data SolutionsProject Management & Collaboration
Technologies
Platforms & InterfacesAPIData StorageCDNCloud
Target customers
Financial ServicesCommerce & RetailCommunication Services
Business models
B2B
Tags
billingpaymentsfintechtransactionssoftware-applicationstelecommunicationcontent-providersiotmobile-carriersenterprise-solutions
Funding
| Total raised | — |
|---|---|
| Current stage | Mature |
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