Last updated 2026-07-20
- Acquired by Banco Bonsucesso, Jun 2021
Total raised
—
Last: Undisclosed Round 2020-02
Stage
Acquired
Founded
2002
Headcount
—
HQ
Giv'atayim, Israel
Sector
Fintech & Insurtech
About
WEEL has developed an app through which small and medium-sized businesses can upload their ERPs, sell their invoices, and receive immediate loans. The companys platform offers risk analysis and applies proprietary algorithms to determine a feasible time frame for clients to repay their loans.
Offices
Giv'atayim, Israel · HQ / main office
Show all offices (1 more)
- Brazil
Q&A
- What is WEEL's primary business?
- WEEL provides bridge loans for small and medium-sized businesses through an app, allowing them to upload ERPs, sell invoices, and receive immediate loans. The platform also performs risk analysis using proprietary algorithms to determine loan repayment timeframes.
- When was WEEL acquired and by whom?
- WEEL was acquired by Banco Bonsucesso in June 2021.
- What is WEEL's total funding raised to date?
- WEEL has raised a total of $60,235,652 in funding.
- Which investors participated in WEEL's February 2020 funding round?
- BV (Formerly Banco Votorantim) participated in WEEL's February 2020 funding round.
- Who were the investors in WEEL's April 2019 funding round?
- Franklin Templeton invested in WEEL's April 2019 funding round.
- Where is WEEL's headquarters located?
- WEEL's headquarters is located in Jerusalem, Israel.
- Who are the co-founders of WEEL?
- The co-founders of WEEL are Simcha (Simo) Neumark, who serves as Co-founder & CEO, and Shmuel (Sergio) Kalmus, who is the Co-founder & CTO.
Sectors & technology
Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechLending & Financing
Technologies
Data StoragePlatforms & InterfacesAPI
Target customers
Enterprise & Professional ServicesSMBs & SMEs
Business model
B2B
Highlights
Verified
Tags
fintechfactoringweb-platformpatent-pendingsmbinvoicesmicrofinancelending-and-financing
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | // |
|---|---|
| linkedin.com/company/8664022 | |
| facebook.com/weelbr | |
| YouTube | youtube.com/channel/UCsx3Kob6d-89fqrk7Dtk8hQ |
| instagram.com/weel_br |
Identifiers & details
| Legal name | WEEL SPINN LTD |
|---|---|
| Former names | WorkCapital |
| Founded | 2002-1 |
| Offices | Brazil |
| Status reason | Acquired (Inactive) by Banco Bonsucesso on Jun 2021 - closed due to acquisition |
Acquisitions & public offerings
Acquired by Banco Bonsucesso 2021-06
Radar intelligence
Patents
| EPO | 59 |
|---|
Publications (Crossref)
| Works | 10 |
|---|
GitHub
| Top repos | officehours, android-gradle-presentation, flashcards-grails, runner-images, terraform-provider-aws |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 515156149 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2014-11-18 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | yes |
| Last annual report | 2021 |
| Active charges / liens | 0 |
| Registry events | 1 — other (1) |
| Registered address | בית הדפוס 6 ירושלים |
Recent registry events
| Date | Event |
|---|---|
| 2025-12-11 | עדכון חיובים במג~ק |