Pay Set

Financial Services and Banking

Business Software
Private

Company Overview

Snapshot

Founded in August 2018 by Ophir Gertner, Pay Set operates with 51–200 employees. The company is currently in a Pre-Funding stage, focusing on developing its payment solutions. A key development for Pay Set was the adoption of Thought Machine's core banking system in November 2022 to enhance its service offerings.

Business overview

Pay Set Limited provides exclusive payment solutions, offering multi-currency accounts, prepaid cards, and currency exchange services. The company's core technology enables businesses of all sizes to efficiently manage funds globally, facilitating transactions with staff, clients, and suppliers. Operating within the Business Software and FinTech sectors, Pay Set serves markets requiring robust money transfer and management capabilities, particularly targeting enterprise and professional services, including SMBs and SMEs.

Strategic signal

In November 2022, Pay Set announced its adoption of Thought Machine's core banking system, a strategic move signaling a significant technological upgrade and a commitment to reinventing its service delivery. This partnership indicates Pay Set's focus on leveraging advanced banking infrastructure to enhance its payment solutions, which could attract new clients and solidify its position in the competitive FinTech landscape.

Company Intelligence Q&A

When was Pay Set founded and by whom?
Pay Set was founded in August 2018 by Ophir Gertner.
What is Pay Set's primary business activity?
Pay Set provides exclusive payment solutions, including multi-currency accounts, prepaid cards, and currency exchange services, enabling companies to manage global fund transfers.
How many employees does Pay Set currently have?
Pay Set operates with 51–200 employees.
What significant technology adoption did Pay Set announce in late 2022?
In November 2022, Pay Set announced its adoption of Thought Machine's core banking system to reinvent its service offerings.
Where are Pay Set's R&D and sales offices located?
Pay Set has R&D and sales offices in Yokne'am Illit and Ramat Gan, Israel, in addition to its headquarters in London, United Kingdom.

External links