- Raised Seed Extension, Jan 2022
- Raised Seed Extension led by Siftech Accelerator, 2018
- Raised Seed round led by Chinese investor, 2017
About
OlehPay is a money transfer platform that allows users to easily and inexpensively send money from their American bank accounts to their Israeli bank accounts, and vice versa. The company aims to eliminate costly bank fees, unfavorable exchange rates, and the hassle of traditional international money transfers. OlehPay processes transfers domestically in both the United States and Israel, leveraging a strategic financial network to avoid international wire, transfer, or bank fees. The service charges a 2% fee per transfer and uses the Bank of Israel daily rate, making no money on exchange rate arbitrage. OlehPay was founded by Joseph Sokol in 2015, who sought a better way to move money between his American and Israeli accounts while taking a gap year in Israel.
Funding history · 3 rounds · — total
Offices
Show all offices (1 more)
- Los Angeles, United States
Q&A
- What is OlehPay's primary business?
- OlehPay operates as a money transfer platform, enabling users to transfer funds while avoiding bank fees and unfavorable exchange rates by offering transparent pricing and the true middle rate.
- Where is OlehPay headquartered?
- OlehPay's headquarters are located in Jerusalem, Israel, with an additional office in Los Angeles, USA.
- When was OlehPay founded?
- OlehPay was founded in May 2015.
- What is OlehPay's primary sector?
- OlehPay's primary sector is Fintech & Insurtech, specifically focusing on Money Transfer & Management.
- Who is the Founder and CEO of OlehPay?
- Joseph Sokol is the Founder and CEO of OlehPay.
- What is OlehPay's total funding to date?
- OlehPay has raised a total of $20,000 USD.
- When was OlehPay's last funding round?
- OlehPay's last funding round occurred in January 2016.
Team · 1
Sectors & technology
Highlights
Tags
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | olehpay.co.il/ |
|---|---|
| linkedin.com/company/18108316 | |
| facebook.com/OlehPayIsrael | |
| instagram.com/olehpay |
Identifiers & details
| Legal name | OlehPay, LLC |
|---|---|
| Founded | 2015-5 |
| Employees (exact) | 2 |
| Offices | Los Angeles |
Radar intelligence
Web history (Wayback)
| Domain | olehpay.co.il |
|---|
Certificate / subdomain footprint
| Subdomains | 10 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 515259182 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2015-05-19 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | yes |
| Active charges / liens | 0 |
| Registry events | 0 |
| Registered address | יפו 155 ירושלים |