Company Overview
Snapshot
Founded in April 2013 by Nati Tsechanski and Tomer Frimmer, Babacode operates with over 100,000 employees. The company is currently in a non-active state as of January 2016.
Business overview
Babacode offers a mobile credit card processing solution that enables merchants to accept transactions from a wide range of cell phones without requiring hardware investments or changes to existing processing relationships. Its patented security and processing technology allows traditional mediums to function as purchasing platforms, serving markets such as supermarkets, taxis, online shopping, and TV commercials. The company provides merchants with real-time tools for monitoring and managing purchases, including reporting, analytics, trends, and SDKs, operating within the Fintech & Insurtech sector, specifically focusing on Money Transfer & Management.
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- What is Babacode's primary offering?
- Babacode provides a mobile credit card processing solution that allows merchants to accept transactions via cell phones, eliminating the need for additional hardware or changes to current processing relationships.
- When was Babacode founded and by whom?
- Babacode was founded in April 2013 by Nati Tsechanski, who serves as Co-founder & CEO, and Tomer Frimmer, also a Co-founder.
- What markets does Babacode serve?
- Babacode's technology has been deployed across various markets, including supermarkets' POS & electronic cash registers, taxis, online shopping, and TV commercials, serving both B2B2C and B2C business models.
- What technology underpins Babacode's payment solution?
- Babacode utilizes patent-pending security and processing technology to enable credit card acceptance anytime and anywhere, transforming traditional mediums into purchasing platforms.
- What is the current operational status of Babacode?
- Babacode is currently in a non-active state, as of January 2016.