Tigapo

Company Overview

Snapshot

Founded in March 2016 by Tsachi Sayegh and Dvir Avizrat, Tigapo operates with 1–10 employees. The company raised $1 million across one funding round from one investor. Tigapo was acquired by Nayax in August 2021.

Business overview

Tigapo develops an IoT system designed for coin-operated machines, enabling remote control, management, and digital payment capabilities. Its core technology allows users to pay for services via smartphones and NFC chips. By connecting machines to the cloud, collecting and analyzing real-time data, profiling customers, and utilizing machine-learning algorithms, Tigapo helps machine owners reduce operational costs and increase revenue. The company operates within the Fintech & Insurtech sector, focusing on payment solutions and management systems.

Strategic signal

In March 2021, Tigapo partnered with Nayax to expand the reach of its cashless payment platforms. This collaboration highlighted Tigapo's strategic importance in the mobile payment systems market, signaling its potential for broader adoption and integration within the vending and coin-operated machine industry.

Company Intelligence Q&A

What is Tigapo's primary offering?

Tigapo provides an IoT system for coin-operated machines, offering remote management and a digital payment platform that supports smartphone and NFC payments.

When was Tigapo founded and by whom?

Tigapo was founded in March 2016 by Tsachi Sayegh and Dvir Avizrat.

What was Tigapo's last disclosed funding amount?

Tigapo raised $1 million in a funding round in March 2019 from Chazen Capital Partners.

How did Tigapo expand its market reach in 2021?

In March 2021, Tigapo partnered with Nayax to extend the reach of its cashless payment platforms.