PayBox Email Format
Financial ServicesTel Aviv, Israel51-200 Employees
PayBox describes itself as Israel's first digital wallet and notes more than 2.5 million users. The service allows users to hold and manage funds separately from their bank accounts. The platform supports group money collection for communities and aims to enable a range of collective financial goals. Beyond group payments, PayBox provides digital payments, fund transferring, payments for businesses, client memberships, and benefits. Based in Tel Aviv, Israel, the company employs between 51 and 200 people and is owned by Discount Bank and Shufersal Group; in 2020, a Tel Aviv District Court appointed a trustee for PayBox Payment Solutions Ltd., with authority to sell the company's intellectual property and inventory.