N.F Commerce

Company Overview

Snapshot

Founded in May 2018 by Yishai Harel and Ben Harel, N.F Commerce operates with 1–10 employees. The company ceased operations in October 2019. In June 2018, the NeverFiat crypto marketplace began accepting Lightning Network payments.

Business overview

N.F Commerce, through its NeverFiat platform, provides a cryptocurrency marketplace for consumer goods, enabling users to purchase merchandise and services using six different cryptocurrencies. The platform encourages merchants to receive payouts in cryptocurrency, while also offering settlement options in US dollars and euros. Operating within the Fintech & Insurtech sector, the company focuses on Money Transfer & Management, utilizing web-based platforms and interfaces to serve a global consumer market.

Strategic signal

In June 2018, N.F Commerce's NeverFiat crypto marketplace started accepting Lightning Network payments. This development signaled an early move towards enhancing transaction speed and scalability for cryptocurrency payments within its e-commerce platform, aiming to improve the user experience for crypto-savvy consumers.

Company Intelligence Q&A

What is N.F Commerce's primary business?

N.F Commerce develops NeverFiat, a platform that functions as a crypto marketplace for consumer goods, allowing purchases using various cryptocurrencies.

When was N.F Commerce founded?

N.F Commerce was founded in May 2018.

Who are the founders of N.F Commerce?

N.F Commerce was founded by Yishai Harel and Ben Harel.

What is the operational status of N.F Commerce?

N.F Commerce is Non Active and ceased to operate in October 2019.

What was a key development for NeverFiat in 2018?

In June 2018, the NeverFiat crypto marketplace began accepting Lightning Network payments to facilitate transactions.