Inbal Data Processing
Currency Exchange Software
Fintech & Insurtech
Private
Company Overview
Snapshot
Founded in May 1980, Inbal Data Processing operates with 1–10 employees. The company specializes in commercial accounting software for currency exchange, with its flagship product, ChangeMat, widely used across Israel.
Business overview
Inbal Data Processing develops and supports commercial accounting software specifically designed for currency exchange and money sales. Its core product, ChangeMat, is an established platform catering to money exchange dealers. The company serves the financial services sector, particularly accounting and enterprise and professional services, within the Fintech & Insurtech and Business Software sectors, with a primary focus on the Israeli market.
Company Intelligence Q&A
- What is Inbal Data Processing's primary product?
- Inbal Data Processing's primary product is ChangeMat, a commercial accounting software designed for currency exchange and money sales, widely used in Israel.
- When was Inbal Data Processing founded?
- Inbal Data Processing was founded in May 1980.
- What markets does Inbal Data Processing serve?
- Inbal Data Processing primarily serves the Israeli market within the financial services sector, specifically targeting accounting and enterprise and professional services.
- What is the primary sector of Inbal Data Processing?
- Inbal Data Processing operates within the Fintech & Insurtech sector.
- What is the status of Inbal Data Processing's product, ChangeMat?
- ChangeMat is a released product that has been updated to support regulations from the Tax Authority and Money Laundering Prohibition Authority, following its initial introduction in 1995 when it received the first Bank of Israel license for currency exchange.