Simplex is a licensed financial institution that provides an online fraud-free payment processing solution. Simplex enables merchants worldwide to accept diverse payment methods, including credit card deposits and purchases, with zero exposure to chargeback risk.
Simplex’s AI technology analyses every transaction using proprietary, fully automated, machine-learning algorithms that eliminate fraud while increasing conversion.
Founded in 2014, Simplex has expanded its services to the e-commerce industry and other verticals. It’s one of the fastest growing fintech companies in Israel and a market leader with over 100 employed personnel. In addition to its Israeli HQ, Simplex has opened offices in the UK, North America, and Lithuania.