OnSoft

Credit Card Transaction Monitoring and Control

Fintech & Insurtech
Non Active, Jan 2025 ceased to operate
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Company Overview

Snapshot

Founded in January 2015 by Geula Davidov and Shlomit Wainman, OnSoft operates with 1–10 employees. The company ceased operations in January 2025.

Business overview

OnSoft provides a platform for monitoring and controlling payments from credit card and factoring companies. Its algorithm-based solution enables retailers to compare purchases and point-of-sale system data with received payments, aiming to reduce expenses, identify discrepancies, and facilitate claims for reimbursement. The end-to-end solution handles various card payment processes and transaction types, particularly benefiting omni-channel commerce which involves multiple entities and gateways in the transaction transfer process. OnSoft operates within the Fintech & Insurtech sector, focusing on money transfer and management.

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Company Intelligence Q&A

What is OnSoft's primary business?
OnSoft develops a platform for credit card transaction monitoring and control, helping retailers reconcile payments from credit card and factoring companies against their point-of-sale data.
When was OnSoft founded?
OnSoft was founded in January 2015.
Who are the founders of OnSoft?
OnSoft was founded by Geula Davidov and Shlomit Wainman.
What is the current status of OnSoft?
OnSoft is currently non-active, having ceased operations in January 2025.
What problem does OnSoft's technology address?
OnSoft's platform addresses the challenge of reconciling payments in omni-channel commerce by identifying discrepancies between purchases and received payments, thereby reducing expenses and facilitating reimbursement claims for retailers.
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