Neema Shefa Israel
Latest round
- Seed
Last raised
- Mar 2014
Total raised
- $0.1M
Investors
- 1
About Neema Shefa Israel
Neema Shefa Israel Ltd.Founded in 2013, Neema Shefa Israel Ltd. is based in Tel Aviv-Yafo, Israel, and focuses on delivering alternative banking solutions. The company has successfully completed three deals, with its most recent being a Trade Sale on September 15, 2019, where it was acquired by Direct Insurance Financial Investments Ltd.1 million.Neema offers innovative financial products designed to provide users with alternatives to traditional banking solutions. Their core offering includes a digital platform that facilitates seamless money transfers, personal finance management, and credit options tailored to diverse consumer needs. The platform is aimed at individuals and small businesses, focusing on addressing the challenges of accessibility and high fees typically associated with conventional banking institutions. Neema's services were launched to cater primarily to urban and underserved populations, particularly in North America and select markets across Europe and Asia.Neema generates revenue through a variety of transactional models, including subscription plans and fee-based services associated with their financial products. Customers engage with the platform through a tiered subscription model that offers different levels of service access, including premium features for advanced financial management and analytics. Each transaction conducted on the platform incurs a nominal fee, which contributes to the overall revenue structure. For instance, users may pay a monthly fee for ongoing access to financial tools and resources, while additional transaction-based charges may apply for specific services such as expedited fund transfers.Following the acquisition by Direct Insurance Financial Investments Ltd. in September 2019, Neema plans to utilize its resources to expand its product offerings and enter new markets. Future initiatives include the development of new financial products aimed at enhancing user experience on their digital platform. Neema is targeting expansion into additional markets in Europe and Asia by the end of 2024, aiming to address the financial needs of underserved populations.
Who invested in Neema Shefa Israel
1 investor across 1 round
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Funding rounds
Seed
Mar 1, 2014
Amount
$0.1M
Investors
Questions about Neema Shefa Israel
Who invested in Neema Shefa Israel?
Neema Shefa Israel has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Neema Shefa Israel raised?
Neema Shefa Israel has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Neema Shefa Israel last raise money?
Neema Shefa Israel's most recent round on record is a Seed, in Mar 2014.
What does Neema Shefa Israel do?
Neema Shefa Israel is a financial services company.
Where is Neema Shefa Israel headquartered?
Neema Shefa Israel is headquartered in Tel Aviv-Yafo, Israel.
Which VCs invest in companies like Neema Shefa Israel?
Among active investors with capital left to deploy, 360 ONE, Gopher Asset Management, DSC Investment and Stellaris Venture Partners back financial services companies at Neema Shefa Israel's stage. Their profiles are linked below.
VCs backing financial services startups at Seed
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