Jifiti

End-to-end Consumer Financing Solution for Banks and Lenders

Fintech & Insurtech
Private

Company Overview

Snapshot

Founded in January 2010 by Yaacov Martin, Shaul Weisband, and Meir Dudai, Jifiti operates with 51–200 employees. The company has secured funding across 3 rounds from 7 investors. A significant milestone occurred in August 2021 when Ingka Investments led a funding round.

Business overview

Jifiti is a financial technology company that develops a proprietary point-of-sale consumer financing platform. This end-to-end solution integrates seamlessly with existing point-of-sale or eCommerce systems, streamlining the connection between lenders and merchant systems. The company serves global retail brands and financial institutions across North America and Europe, operating within the Fintech & Insurtech sector, specifically focusing on Lending & Financing.

Strategic signal

In August 2021, Jifiti received a significant investment from Ingka Investments, the investment arm of IKEA. This strategic investment highlights Jifiti's growing influence in the retail financing space and signals strong validation of its platform's ability to support large-scale retail operations and expand its market reach.

Company Intelligence Q&A

What is Jifiti's core business?
Jifiti develops an end-to-end point-of-sale consumer financing platform that integrates with existing point-of-sale and eCommerce systems, facilitating connections between lenders and merchants.
When was Jifiti founded and by whom?
Jifiti was founded in January 2010 by Yaacov Martin, Shaul Weisband, and Meir Dudai.
Which investor led Jifiti's most recent disclosed funding round?
Ingka Investments led Jifiti's most recent disclosed funding round in August 2021, which was a $22.5 million investment from IKEA.
What significant partnership did Jifiti announce in September 2020?
In September 2020, Jifiti signed a strategic partnership agreement with Mastercard and joined the Mastercard BNPL ecosystem.
Which major retailer partnered with Jifiti and i2c Inc. in January 2021?
In January 2021, i2c Inc. and Jifiti partnered to simplify consumer financing for a major retailer in France.

External links