Simplex is a leading provider of a fraudless payment processing solution to online merchants worldwide. It is currently focused on the cryptocurrency ecosystem, and serves exchanges, brokers and wallets, and is currently expanding its services to the e-commerce industry.

Simplex is providing global credit card processing solution with zero exposure to fraud for the seller, with volumes of close to $1B per year and working with some of the most known platforms in the world.

Simplex was founded in Jan 1, 2014 by Erez Shapira, Netanel Kabala & Nimrod Lehavi and is based in Givatayim, Gush Dan, Israel. In addition to it's EU offices and Israeli HQ, Simplex has opened offices in the UK, North America, and Lithuania.

Simplex’s AI technology analyzes every transaction using proprietary, fully automated, machine-learning algorithms that eliminate fraud while increasing conversion.

Simplex utilizes its cutting-edge fraud prevention solution and AI technology,  to block fraudulent users and allows legitimate users to complete payments, thereby, increasing conversion rates and enabling merchants to focus on their business growth.


Simplex has invested a great deal in creating a vibrant culture based on innovation, creativity, constant learning, and lively team spirit.



  • Year founded: 2014
  • Funding Info: $9M in 4 funding rounds (Last funding type: Grant)
  • Yearly Revenue: $5M-$10M (2018)
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Ramat Gan
  • State: Tel Aviv
  • Country: Israel
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