Simplex

Fraud Prevention in Online Payments

Fintech & Insurtech
Acquired by Nuvei Corp
Acquired Giv'atayim, Israel Founded 2014
Last updated 2026-06-18
Total raised
$8.4M
Last: 2016-02
Stage
Acquired
Founded
2014
Headcount
311
HQ
Giv'atayim, Israel
Sector
Fintech & Insurtech

About

Simplex facilitates fraudless credit card payments for goods and services sold online. It protectsonline businesses against fraudulent chargebacks, using artificial intelligence and machine-learning technology. Simplex analyzes payments and related data and decides whetherthey are safe for processing, using a real-time machine-learning system. A Simplex-approved transaction is guaranteed; the merchant can safely supply the product to the customer, knowing there won't be a chargeback and that, if there is, Simplex will cover it. Simplex also enables worldwidecustomers to purchase Bitcoin with their credit card while fully protecting exchanges and brokers from fraud chargebacks.

Funding history · 3 rounds · $8.4M total

Q&A

What is Simplex's primary business?
Simplex specializes in fraud prevention for online payments, enabling fraudless credit card transactions for goods and services. It also facilitates the purchase of Bitcoin with credit cards while protecting exchanges and brokers from fraud chargebacks.
When was Simplex founded?
Simplex was founded in April 2014.
What is Simplex's current status?
Simplex was acquired by Nuvei Corp in May 2021.
How many employees does Simplex have?
Simplex has 201-500 employees.
Who are the co-founders of Simplex?
The co-founders of Simplex are Nimrod Lehavi (Co-founder & CEO), Netanel Kabala (Co-founder & CAO), and Erez Shapira (Co-founder & CTO).
What was Simplex's last funding round?
Simplex's last funding round was in February 2016, raising $7,000,000 with investors including Bitmain and FundersClub.
What is Simplex's total amount raised?
Simplex raised a total of $8,400,000 across all funding rounds.
What sector does Simplex primarily operate in?
Simplex primarily operates in the Fintech & Insurtech sector.

Team · 3

Founder · Co-founder & CEO
LinkedIn ↗
Founder · Co-founder & CAO
LinkedIn ↗
Founder · Co-founder & CTO

Sectors & technology

Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechMoney Transfer & Management
Technologies
Platforms & InterfacesSoftwareMobileData StorageDLT & Blockchain
Target customers
ConsumersProfessionals & Gig EconomyOnline RetailersFinancial ServicesFinancial Institutions
Business model
B2B

Highlights

Verified

Tags

credit-cardssoftware-applicationspaymentstransactionsweb-platformcryptocurrencybitcoinfintechauthenticationblockchainmobile-paymentsonline-retailersmachine-learningartificial-intelligenceretailersdigital-wallet
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)

External links

Websitesimplex.com
LinkedInlinkedin.com/company/5174336
X / Twittertwitter.com/SimplexCC
Facebookfacebook.com/Simplex.cc
Instagraminstagram.com/simplex_life
Wikidatawikidata.org/wiki/Q47487465

Identifiers & details

Founded2014-4
Employees (exact)311
Status reasonAcquired by Nuvei Corp on May, 2021
Wikidata QIDQ47487465

Acquisitions & public offerings

Acquired by Nuvei Corp 2021-05

Radar intelligence

Patents

EPO2171

Publications (Crossref)

Works10

App Store

AppRatingRatings
SimpleX Maintec
SimpleX Flash

Web history (Wayback)

Domainsimplex.com

Wikidata

QIDQ47487465

Certificate / subdomain footprint

Subdomains65