Payment Financial Technologies

Company Overview

Snapshot

Founded in December 2014 by Guy Yohanan, Payment Financial Technologies operates with 11–50 employees. The company has raised $13.92M across 3 funding rounds. In August 2022, it raised $7.4M in a public offering.

Business overview

Payment Financial Technologies develops PaymenT, a payment platform designed for businesses to offer credit in large volumes as an alternative payment method. The company leverages novel technology, advanced credit risk analysis, and credit scoring, with support from the Ministry of Finance. It operates within the Fintech & Insurtech sector, serving both consumers and SMBs & SMEs.

Strategic signal

In August 2022, Payment Financial Technologies raised $7.4M in a public offering, following its initial public offering in October 2021. This indicates continued investor confidence and strategic capital deployment to support its growth initiatives as a publicly traded company on the TASE.

Company Intelligence Q&A

When did Payment Financial Technologies go public?

Payment Financial Technologies went public on the TASE in October 2021.

What was the capital raised in the August 2022 public offering?

In August 2022, Payment Financial Technologies raised $7.4M in a public offering.

What is the primary product offered by Payment Financial Technologies?

Payment Financial Technologies offers PaymenT, a payment platform for businesses that facilitates credit sales as an alternative payment method.

Who is a founder of Payment Financial Technologies?

Guy Yohanan is a co-founder and CTO of Payment Financial Technologies.

What is the total funding raised by Payment Financial Technologies?

Payment Financial Technologies has raised a total of $13.92M across 3 funding rounds.