Total raised
$1.2M
Last: Series A 2017-11
Stage
Series A
Founded
2016
Headcount
8
HQ
Giv'atayim
Sector
Fintech & Insurtech
About
MAZALIT is a B2B payment platform designed specifically for the global diamond and jewelry industry. The company's platform allows traders to transfer and receive digital funds through a dedicated B2B e-wallet account, enabling them to instantly send and receive funds anytime and anywhere from their smartphone or computer. MAZALIT is building financial solutions that will reduce risk and costs for the global diamond and jewelry industry while increasing transparency, security, and legitimacy for regulators and banks.
Funding history · 1 round · $1.2M total
2017-11
Series A
$1.2M
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- What is MAZALIT's primary business activity?
- MAZALIT operates as a B2B payment platform tailored for the global diamond and jewelry industry, facilitating digital fund transfers via e-wallet accounts.
- When was MAZALIT founded?
- MAZALIT was founded in August 2016.
- What is the current operational status of MAZALIT?
- MAZALIT is currently inactive, having ceased operations in March 2020.
- How much funding has MAZALIT raised in total?
- MAZALIT has raised a total of $1,200,000.
- When did MAZALIT complete its last funding round and what type was it?
- MAZALIT completed a Series A funding round in November 2017.
- Which investors participated in MAZALIT's Series A round?
- Lead investors in MAZALIT's Series A round included MID House of Diamonds and Novel Collection.
- How many employees did MAZALIT have?
- MAZALIT had 8 employees.
- Who are the founders of MAZALIT?
- The founders of MAZALIT are Zeev Maimon, Tal Grinberg, and Ben Yaniv Chechik.
- In which geographic markets did MAZALIT operate?
- MAZALIT operated in geographic markets including India, Israel, United States, Belgium, and Hong Kong.
Sectors & technology
Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechMoney Transfer & Management
Technologies
Platforms & InterfacesWeb
Target customers
Commerce & RetailConsumer GoodsJewelry
Business model
B2B
Highlights
Verified
Tags
trading-and-investingmobile-paymentsdiamondsweb-platformpaymentsdiamond-toolsfintechtransactionsmobile-applications