Simplex, part of Nuvei, positions itself as a pivotal player in the crypto and fintech landscape, branding itself with the slogan, "The fiat/crypto infrastructure for the entire world." Founded in 2014 and headquartered in Israel, Simplex revolutionizes crypto transactions with its innovative fiat onramp solutions. It guarantees zero chargebacks by leveraging robust fraud protection mechanisms, catering to the needs of major crypto platforms like Binance, Huobi, and Bitpay.
As a licensed EU financial institution and a Principal Member of the Visa network, Simplex has garnered recognition as one of the top ten impactful blockchain companies in 2020. The firm operates within diverse sectors, including Big Data, Crypto, E-Commerce, Financial Services, Fintech, and Payments. Its last substantial venture round occurred on May 17, 2019, securing a $5.00M investment from Korea Investment Partners and Accomplice, underscoring its strong market potential and continued growth prospects.