Gifka

Company Overview

Snapshot

Founded in March 2023 by Eli Elad Cohen, Gifka operates with 1–10 employees. The company ceased operations in April 2026.

Business overview

Gifka develops a digital wallet application designed for the buying, selling, storing, and redeeming of gift cards, store credits, and discount vouchers. The company's core technology facilitates the management of these digital assets, serving consumers within the retail platforms sector, specifically focusing on digital products and goods.

Strategic signal

In September 2024, Gifka was highlighted for its potential to address the significant issue of lost value from unused vouchers, estimated at a billion NIS. This signals the company's ambition to provide a practical solution for consumers and retailers to recover and utilize the value tied up in unredeemed gift cards and store credits, aiming to streamline the digital voucher ecosystem.

Company Intelligence Q&A

What is Gifka's primary offering?

Gifka provides a digital wallet application that enables users to buy, sell, store, and redeem gift cards, store credits, and discount vouchers.

When was Gifka founded and by whom?

Gifka was founded in March 2023 by Eli Elad Cohen.

What is the operational status of Gifka?

Gifka ceased to operate in April 2026.

What problem did Gifka aim to solve?

In September 2024, Gifka was noted for its goal to address the issue of a billion NIS lost annually in unused vouchers, by providing a platform for their management and redemption.

In which sector does Gifka primarily operate?

Gifka operates within the Retail Platforms sector, focusing on digital products and goods.