# Simplex

**Source:** https://www.startuphub.ai/startups/simplex
**Profile type:** Startup

> Simplex provides a secure, global onramp for individuals and businesses to instantly buy cryptocurrency with fiat.

## About

Simplex offers a seamless, fraud-free fiat-to-crypto transaction solution, trusted by millions and integrated with leading Web3 brands and payment methods like Visa, Mastercard, and Apple Pay. They provide a fiat infrastructure for the crypto industry, enabling secure cryptocurrency purchases with credit cards.

## Key facts

- **Slug:** simplex
- **Website:** https://www.simplex.com/
- **Location:** Tel Aviv, Israel
- **Founded:** 2014-04-01 00:00:00
- **Employees:** 333
- **Operating status:** Active
- **Total funding:** $8M
- **Sectors / tags:** Fintech, Fraud Prevention, Transactions, E-commerce, Crypto, KYC, Chargebacks, Payment Fraud Detection, Payments, Digital Payments, Crypto Exchange, Risk Management, Embedded Finance, Blockchain, Cybersecurity, Web3
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/simplexcc
  - Twitter: https://twitter.com/SimplexCC
  - Facebook: https://www.facebook.com/Simplex.cc

## Frequently asked

### What does Simplex do?

Simplex offers a seamless, fraud-free fiat-to-crypto transaction solution, trusted by millions and integrated with leading Web3 brands and payment methods like Visa, Mastercard, and Apple Pay. They provide a fiat infrastructure for the crypto industry, enabling secure cryptocurrency purchases with credit cards.

### What is Simplex's revenue?

StartupHub estimates Simplex's annual revenue at $100.3M (range $81.3M to $136.4M, 63% confidence), based on comparable companies in the sector.

### What is Simplex's valuation?

StartupHub estimates Simplex's effective valuation at $34.4M (range $21.0M to $50.4M, 10% confidence), based on comparable companies in the sector.

### How much funding has Simplex raised?

Simplex has raised a total of $8M in funding. The most recent round on record is Series A.

### Where is Simplex headquartered?

Simplex is headquartered in Tel Aviv, Israel.

### When was Simplex founded?

Simplex was founded in 2014.

### What industry does Simplex operate in?

Simplex operates in Fintech, Fraud Prevention, Transactions, E-commerce, Crypto, KYC.

### How many employees does Simplex have?

Simplex has approximately 333 people on record.

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