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 provides a digital wallet application designed for the buying, selling, storing, and redeeming of various vouchers. Its core technology facilitates the management of gift cards, store credits, and discount vouchers, serving the retail platforms sector by offering digital products and goods to consumers.

Strategic signal

In September 2024, Gifka announced its intention to address the issue of billions of NIS lost in unused vouchers, signaling a strategic focus on consumer value recovery within the retail sector. This indicates the company's ambition to tackle a significant market inefficiency by providing a solution for managing and utilizing digital vouchers more effectively.

Company Intelligence Q&A

What is Gifka's primary business?

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

When was Gifka founded?

Gifka was founded in March 2023.

Who is the founder of Gifka?

Eli Elad Cohen is the Founder and CEO of Gifka.

What is the current status of Gifka?

Gifka ceased to operate in April 2026.

What market problem did Gifka aim to solve?

In September 2024, Gifka highlighted its aim to solve the problem of billions of NIS lost in unused vouchers, indicating a focus on maximizing the utility of digital gift cards and store credits for consumers.