Last updated 2026-06-18
- Raised $1.2M funding round, Nov 2017
Total raised
$1.2M
Last: 2017-11
Stage
Series A
Founded
2016
Headcount
8
HQ
Giv'atayim, Israel
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
Q&A
- What is MAZALIT's primary business?
- MAZALIT is a B2B payment platform specifically designed for the global diamond and jewelry industry, enabling traders to transfer and receive digital funds via e-wallet accounts.
- When was MAZALIT founded?
- MAZALIT was founded in August 2016.
- What is the current status of MAZALIT?
- MAZALIT is currently inactive, having ceased operations in March 2020.
- How many employees did MAZALIT have?
- MAZALIT had an employee count in the 1-10 range.
- What was MAZALIT's total funding raised?
- MAZALIT raised a total of $1,200,000 USD.
- When did MAZALIT complete its last funding round and who were some of the investors?
- MAZALIT completed its last funding round in November 2017, with investors including MID House of Diamonds and Novel Collection.
- Who are the co-founders of MAZALIT?
- The co-founders of MAZALIT are Zeev Maimon, Tal Grinberg, and Ben Yaniv Chechik.
- In which countries did MAZALIT target its services?
- MAZALIT targeted its services in geographies including India, Israel, United States, Belgium, and Hong Kong.
Team · 3
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
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| linkedin.com/company/16224549 | |
| facebook.com/mazalitfintech | |
| YouTube | youtube.com/channel/UCKj9iaevdbxlYV_jWmtptDQ |
Identifiers & details
| Founded | 2016-8 |
|---|---|
| Employees (exact) | 8 |
| Status reason | Non Active, Mar 2020 ceased to operate |