Swiich B.I Core Systems

Unified Payment Transfer System

Fintech & Insurtech
Non Active, Sep 2022 ceased to operate
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Company Overview

Snapshot

Founded in March 2019, Swiich B.I Core Systems operates with 1–10 employees. The company has completed 3 funding rounds, with its most recent funding event occurring in April 2020.

Business overview

Swiich B.I Core Systems offers a cloud-based platform and API designed to connect eWallets, businesses, and service providers. Its core technology enables eWallets to facilitate instant payments at physical points of sale, online websites, and within mobile applications. The company serves merchants, eWallets, and service providers, operating within the Fintech & Insurtech sector to provide seamless payment and fund transfer services.

Strategic signal

In January 2020, Swiich B.I Core Systems announced a partnership that would allow customers of Rami Levy's website to pay using the Bit application. This development signaled the company's capability to integrate its unified payment transfer system with major retail platforms, expanding the reach and utility of its eWallet connectivity solutions within the Israeli market.

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Company Intelligence Q&A

What is Swiich B.I Core Systems' primary offering?
Swiich B.I Core Systems provides a cloud-based platform and API that connects eWallets, businesses, and service providers, enabling instant payments across various channels.
When was Swiich B.I Core Systems founded?
Swiich B.I Core Systems was founded in March 2019.
What was a key partnership announced by Swiich B.I Core Systems in January 2020?
In January 2020, Swiich B.I Core Systems announced that customers of Rami Levy's website would be able to pay using the Bit application, leveraging Swiich's platform.
What is the status of Swiich B.I Core Systems?
Swiich B.I Core Systems is non-active and ceased to operate in September 2022.
What was the most recent funding event for Swiich B.I Core Systems?
Swiich B.I Core Systems completed an A Round funding event in April 2020.
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