Simility, A PayPal Service, provides real-time risk and fraud decisioning solutions to protect global businesses, headquartered in San Jose, United States. The company combines artificial intelligence and big data analytics to aid financial services, payment processors, and commerce merchants in orchestrating complex decisions to enhance trust and mitigate fraud.
Founded in 2014, Simility offers a range of services, including payment processing, money transfers, rewards and loyalty programs, buyer protection, and package tracking for individual consumers and businesses. Operating on a B2B, SaaS, and embedded finance business model, the company generates revenue through transaction fees, service fees, and subscriptions.