Simplex

Simplex, a privately owned company based in Israel and a subsidiary of Nuvei, was founded in 2014 as a financial technology firm. The company processes fiat-to-cryptocurrency payments for digital wallets and exchanges, providing infrastructure that enables users to purchase digital assets using traditional methods such as credit cards and bank transfers. Operating as an embedded checkout service within partner platforms, Simplex uses automated algorithms to assess risk and assumes financial liability for transaction fraud and chargebacks.