Budss

Company Overview

Snapshot

Founded in August 2021 by Nimrod Raifer, Jacky Ben Shahar, and Gilboa Azaria, Budss operates with 1–10 employees. The company has raised $575,000 across one funding round. In November 2024, Budss ceased operations.

Business overview

Budss offers a social digital payment method, "Buy Together, Earn Together," within the Fintech & Insurtech sector. This platform integrates messenger and brand interactions to facilitate collective purchases through group chats, similar to established digital payment systems like Apple Pay and PayPal. The company's core technology focuses on platforms and interfaces, serving the commerce and retail markets with its group payments product.

Company Intelligence Q&A

What is Budss' primary business activity?

Budss develops a social digital payment tool that enables users to make collective purchases through group chats, operating under the "Buy Together, Earn Together" model.

When was Budss founded and by whom?

Budss was founded in August 2021 by co-founders Nimrod Raifer, Jacky Ben Shahar, and Gilboa Azaria.

What is the current operational status of Budss?

Budss ceased to operate in November 2024.

How much capital has Budss raised?

Budss has raised a total of $575,000 across one funding round.

What markets does Budss target?

Budss targets the North America and Europe geomarkets, focusing on the commerce and retail customer segments.