Highlights
Profile claimed by owner
About
Collaborative Payment Platform
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.
Identity
| Name | PayBox Payment Solutions |
|---|---|
| Slug | paybox-payment-solutions |
| Type / kind | startup |
| Crunchbase ID | paybox-payment-solutions |
| Source _id | agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAgN7e0rULDA |
Status
| Status | inactive |
|---|---|
| Status reason | Acquired (Inactive) by Discount Capital on May 2017 - ceased to operate |
| Last update | 2026-05-17 |
Location
| HQ country code | IL |
|---|---|
| HQ region/district | Center District |
| HQ city | Rishon LeTsiyon |
| HQ address | Israel Galili 25, Rishon LeTsiyon, Israel |
Web & social
Classifications
Primary sector Fintech & Insurtech
Sub-sectors
Fintech & InsurtechMoney Transfer & Management
Technologies
Platforms & InterfacesMobileWeb
Target customers
Consumers
Business models
B2CB2B2C
Tags
p2pmobile-applicationsmobile-paymentsfintechsocial-commercepaymentsdigital-wallet
Funding
| Total raised | $1.0M |
|---|---|
| Current stage | Acquired |
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