Tech Company Financing Transactions
PayItSimple Funding Round
Simpel Management invested in a $10 million venture round for PayItSimple. This venture round was announced on 5/27/2015.
Transaction Overview
Company Name
Announced On
5/27/2015
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The funding will enable merchants that have joined the PayItSimple platform to offer customers the ability to pay in secure, interest-free installments with the VISA and MasterCard credit cards they already have in their wallets, while the merchants receive the amount of the purchase upfront, without having to wait to receive payments over time.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
260 Madison Ave.
New York, NY 10016
USA
New York, NY 10016
USA
Phone
Website
Email Address
Overview
PayItSimple Ltd. was founded by veterans of the finance and retails industries. The PayItSimple solution has been patent protected in the United States since 2012. Our mission is to expand and enhance the traditional credit card experience offered to consumers by giving them more convenient purchase options.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Alon Feit
Chief Marketing Officer
Michael Avni
Co-Founder
Gil Don
VP - Bus. Development
Assaf Bazar
VP - Finance
Kobi David
VP - Product Management
Eric Benayoun
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