Simplex is providing the fiat infrastructure for the crypto world. An EU licensed EMI (financial institution), Simplex processes credit card payments with a 100% zero chargeback guarantee – in case of a fraud chargeback, we put our money where our mouth is, and pay the merchant. Utilizing our cutting-edge proprietary fraud prevention solution and AI systems, Simplex blocks fraudulent users and allows legitimate ones to complete payments, thereby, increasing conversion rates and enabling merchants to focus on their own business growth. Simplex was founded in 2014, by serial entrepreneur Nimrod Lehavi (CEO) along with Erez Shapira (CTO) and Netanel Kabala (CAO), both formerly from PayPal. Simplex began its journey in the high-risk cryptocurrency ecosystem, and has become the leading provider of global credit and debit card processing for crypto exchanges, brokers and wallets, with a full fraud chargeback guarantee.simplex.com
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