BUYME Technologies

Company Overview

Snapshot

Founded in August 2010 by Shai Darin and Micha Berkuz, BUYME Technologies operates with 51–200 employees. The company was acquired by Teleclal Group in May 2020, marking a significant exit for its founders.

Business overview

BUYME Technologies provides a digital gift card solution that enables retailers, merchants, and service providers to offer gift cards to consumers and companies. Its SaaS-based platform supports employee incentives, customer retention, and operates a local eCommerce marketplace for instant digital gift card delivery. The company's offerings include automatic employee gifting tools for birthdays, holidays, recognition, and incentives, serving the retail platforms sector.

Strategic signal

In August 2024, a key leadership transition occurred with Tomer Cohen, formerly from BUYME, being appointed CEO of Wolt Israel. This move highlights the talent mobility within the digital services and delivery sector, signaling the continued influence of experienced professionals from successful digital platforms like BUYME in leading other major industry players.

Company Intelligence Q&A

When was BUYME Technologies acquired?

BUYME Technologies was acquired by Teleclal Group in May 2020.

What was a key strategic move by BUYME Technologies in 2021?

In January 2021, BUYME Technologies acquired the startup Meetinkz.

What is the primary business model of BUYME Technologies?

BUYME Technologies operates on both B2B2C and B2C business models, serving companies for employee incentives and consumers for digital gift card purchases.

What is the core offering of BUYME Technologies?

BUYME Technologies offers a digital gift card platform that facilitates the issuance and redemption of gift cards for retailers, merchants, and service providers.

What significant leadership change occurred involving a BUYME Technologies executive in 2024?

In August 2024, Tomer Cohen, formerly from BUYME Technologies, was appointed CEO of Wolt Israel.