PayBox Payment Solutions

Collaborative Payment Platform

Fintech & Insurtech
Acquired by Discount Capital
Acquired Rishon LeTsiyon, Israel Founded 2014
Last updated 2026-06-18
Total raised
$1.0M
Last: 2015-11
Stage
Acquired
Founded
2014
Headcount
90
HQ
Rishon LeTsiyon, Israel
Sector
Fintech & Insurtech

About

PayBox Payment Solutionsenables groups and individuals to collect and transfer funds and make purchases immediately and safely using their mobile device. The technology enables direct peer-to-peer interaction without an intermediary. The company'sPayBox as a Marketplace feature lets merchants offer relevant goods and services to groups of users by using advanced machine-learning algorithms to optimize matching and conversion rates. In 2017, Discount Bank purchased an operating license for the PayBox social payment platform. Paybox as a business entity was shut down in July 2020.

Funding history · 1 round · $1.0M total

2015-11
$1.0M

Q&A

What is PayBox Payment Solutions' primary business?
PayBox Payment Solutions provides a collaborative payment platform that enables groups and individuals to collect and transfer funds and make purchases using their mobile devices.
When was PayBox Payment Solutions founded?
PayBox Payment Solutions was founded in January 2014.
What is the employee count for PayBox Payment Solutions?
PayBox Payment Solutions has 51-200 employees.
What was the total amount raised by PayBox Payment Solutions?
PayBox Payment Solutions raised a total of $1,000,000.
Which investor participated in PayBox Payment Solutions' funding round?
Moneta VC participated in PayBox Payment Solutions' funding round in November 2015.
What is the status of PayBox Payment Solutions as a business entity?
PayBox Payment Solutions as a business entity was shut down in July 2020.
What happened to the PayBox social payment platform in 2017?
In 2017, Discount Bank purchased an operating license for the PayBox social payment platform.
What is PayBox Payment Solutions' primary sector?
PayBox Payment Solutions' primary sector is Fintech & Insurtech.

Team · 4

Founder · Co-founder & COO
LinkedIn ↗
Founder · Co-founder (No longer with the company)
LinkedIn ↗
Founder · Co-founder (No longer with the company)
LinkedIn ↗
Founder · Co-founder (No longer with the company)
LinkedIn ↗

Sectors & technology

Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechMoney Transfer & Management
Technologies
Platforms & InterfacesMobileWeb
Target customers
Consumers
Business model
B2CB2B2C

Highlights

Verified

Tags

p2pmobile-applicationsmobile-paymentsfintechsocial-commercepaymentsdigital-wallet
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