{"_id":"agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICA4IeMzvsIDA","lastupdate":"2024-07-03T00:00:00.000Z","update_date":"2024-07-03T00:00:00.000Z","lastModified":"Dec 20, 2024","active":1,"confidence_score":91,"confidence_score_reason":"tags, markets","urlname":"kenbi","minimal_profile":null,"status":"","fullstatus":"","acquired":0,"hide_reason":null,"hide_reason_data":null,"hide_reasons":[{"id":"8257rxn4P8EFQOmS5hAAauHyYMhhxrA5u6yWX4XUShpybX3AMNo3Y9","reason":"Pending approval - External entity"},{"id":"aOIaOiiqfpA8UMw6VCTh8ueRmkG3lzDy1NGqEOaJbe11OrCzMTCCd6","reason":"The company is a service provider"},{"id":"ddgjKuc3GgH8E5UehSVJviRl471BCajL1plO8HtGoOojy2NivYqQ7x","reason":"Owner asked to delete"},{"id":"EjOKM211H1ira9J63oaGPuUxvr7Oba55TZo3NWsFO5uhbNu7o4x4zD","reason":"The company is not Israeli"},{"id":"J7fQJtnT3GdWWSE3MD8rzaW65LJ4jEIKxSZnneQiReONdZjG3zIqWe","reason":"Owner asked to hide in the meantime"},{"id":"NxlAC3ReFb5ksiYNLp2FnUyluoJzwRCYfcF7xpTZaPM53SdWQ5kv0B","reason":"Pending approval"},{"id":"RhC1tlwXzioK0MfzBII3H2wepEfQOfKVktmdwqeqTJjGi3ZaBWUqZo","reason":"The company is not innovative"},{"id":"S0Ed46vNI6vZYVxLedANWGjas23K6hY0QdsCtiGYL7lshqIEdLV3sA","reason":"The company ceased operations in Israel"},{"id":"VTANq7bEvlsEcPjp0ghelXfShaCosgndONGjgU730aAOxXtaDIF5j3","reason":"This is a product of an existing company"}],"type":"Startup","logokey":"$Vx1Pdbi8hAGkUUS9FlLLDcaACvQAMMveceWgvF5XPnatif7Q6n0bBd.jpg","name":"Kipp","oneliner":"Connecting Issuers and Merchants to Approve More Payments","registrar":"516353752","website":"https://letskipp.com","careerspage":"https://letskipp.comcareers","founded_month":3,"founded_year":2021,"formernames":[],"sociallinks":{"twitter":"https://twitter.com/letskipp_com","youtube":"","facebook":"https://www.facebook.com/Kipp.letskipp","linkedin":"https://www.linkedin.com/company/76768611","instagram":""},"social":["https://twitter.com/letskipp_com","https://www.linkedin.com/company/76768611","https://www.facebook.com/Kipp.letskipp"],"flattenedsociallinks":"https://twitter.com/letskipp_com|https://www.linkedin.com/company/76768611|https://www.facebook.com/Kipp.letskipp","apps":{"appstore":"","googleplay":""},"is_claimed_by_owner":1,"employees":"11-50","employees_exact":22,"patent":0,"raised":12500000,"stage":"Seed","public_stage":"Seed","primary_sector_key":"agxzfmlsbGlzdHNpdGVyJAsSF0Jhc2VDbGFzc2lmaWNhdGlvbk1vZGVsGICA4Iee18sJDA","primary_sector":"Fintech & Insurtech","alternativenames":["Letskipp","KIpp"],"about":"Kipp bridges the gap between card issuers and merchants, increasing transaction approvals and driving revenue and loyalty. 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The partnership will allow merchants to access Kipp’s platform through Primer, improving payment authorization rates. Kipp’s platform enables issuing banks and merchants to approve legitimate transactions that are unnecessarily declined. The system shares data points and allows merchants and issuing banks to split the risk costs in real time. 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Kipp, which employs 15 people and has raised $12.5 million to date, offers a solution to the challenge of transaction rejections by issuing banks. The companys technological platform uses a model that prices different risk scenarios for rejected transactions in real time. The platform enriches the data between the business and the issuing bank, allowing the business to participate in the risk cost, thereby increasing revenue and improving customer satisfaction and loyalty.","partners":"Mastercard, Enel X","customers":"Not mentioned","investors":"Mastercard, Enel X","confidence":8,"key_topics":"Startup Competition, Fintech, Payment Solutions, Risk Management, Customer Retention","date_of_event":"Not mentioned","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"$12.5 million","structured_issues":"Customers, Partners, Investment","acquisition_amount":"Not mentioned","structuredIssuesShow":"#Customers, Partners, Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"fpapwW36JsBu3rUFSlIfyWWMvN571XHca8GSYNDkSl6mbOWUtIMbvZ","news_summary":"מקום ראשון מתוך 700: ההישג של הסטארטאפ הישראלי - וואלה! טכנולוגיה","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"505e84aa-d4d0-47c2-a490-69cbf6964eaa","date":"Feb 22, 2022","link":"https://www.calcalist.co.il/ctechnews/article/b1hxn4zx9","source":"www.calcalist.co.il","visible":1,"analysis":{"tags":"fintech, transaction approval","company":"Kenbi","layoffs":null,"summary":"Israeli fintech company Kenbi has raised $5 million in a seed funding round led by TLV Partners. 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