Last updated 2026-07-26
- Raised $10M Series B led by Headline, Sep 2017
- Raised $6M Series A led by Headline, Oct 2016
- Raised Seed round led by Magma Venture Partners, Dec 2014
Total raised
$16.0M
Last: Undisclosed Round 2017-10
Stage
Mature
Founded
2014
Headcount
23
HQ
Tel Aviv, Israel
Sector
Fintech & Insurtech
About
PayKey develops embedded banking solutions, integrating financial services into daily digital interactions. Its platform allows financial institutions to offer real-time capabilities within popular messaging and social applications. A key offering, Earned Wage Access, provides employees immediate access to earned income before payday, enhancing financial flexibility via existing banking infrastructure. PayKey's mission is to enhance banking experiences and boost customers' financial well-being by fusing consumer-centric design with financial services innovation.
Funding history · 3 rounds · $16.0M total
2017-09
B Round
$10.0M
★ Headline★ FinTech71★ SBI Holdings★ Digital Ventures★ Mindset Ventures★ Commerce Ventures★ Magma Venture PartnersSixThirtyMizMaa Ventures
2016-10
A Round
$6.0M
★ Headline★ MasterCard★ Gaby Salem★ Commerce Ventures★ Magma Venture Partners★ Santander InnoVentures★ Digital Leaders Ventures
2014-12
Seed
Undisclosed
★ Magma Venture Partners
Headcount over time
From 29 (2018-06) to 21 (2026-03) · -8 (-28%) · 54 points · source: Finder history + radar grounding
Q&A
- What is PayKey's primary business activity?
- PayKey develops embedded banking solutions, integrating financial services into daily digital interactions. Their platform enables financial institutions to offer real-time capabilities within popular messaging and social applications.
- What is PayKey's total funding to date?
- PayKey has raised a total of $16.4 million USD.
- When did PayKey raise its Series B funding round and who were the lead investors?
- PayKey raised a $10 million Series B round in October 2017, led by MizMaa Ventures.
- When did PayKey raise its Series A funding round and who were the lead investors?
- PayKey raised a $6 million Series A round in November 2016, with e.ventures and Wharton Asset Management as lead investors.
- What is a key offering from PayKey?
- A key offering from PayKey is Earned Wage Access, which provides employees immediate access to earned income before payday, enhancing financial flexibility via existing banking infrastructure.
- In which sector does PayKey primarily operate?
- PayKey's primary sector is Fintech & Insurtech.
Team · 2
Daniel Peled
Founder · Founder
Offer Markovich
Founder · Founder
Sectors & technology
Primary sector
Fintech & Insurtech
Sub-sectors
Business SoftwareOperations SolutionsHuman Resources ManagementFintech & InsurtechMoney Transfer & Management
Technologies
Platforms & InterfacesAPI
Target customers
Enterprise & Professional Services
Business model
B2B2C
Highlights
1 PatentsVerified
Tags
mobile-applicationsfintechsocial-networksbanksmobile-paymentspaymentscustomer-experiencetransactionsconsumersp2p
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | paykey.com |
|---|---|
| linkedin.com/company/10358153 |
Identifiers & details
| Legal name | Decentralized Mobile Applications Ltd |
|---|---|
| Founded | 2014 |
| Employees (exact) | 23 |
Radar intelligence
Web history (Wayback)
| Domain | paykey.com |
|---|
Certificate / subdomain footprint
| Subdomains | 22 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 515133734 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2014-09-14 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2025 |
| Active charges / liens | 0 |
| Registry events | 3 — people (1), shares_capital (2) |
| Registered address | החשמונאים 103 תל אביב - יפו |
Recent registry events
| Date | Event |
|---|---|
| 2025-08-20 | עדכון דירקטורים-הסרת דירקטור |
| 2025-12-14 | העברת מניות |
| 2025-08-05 | הקצאת מניות |