Company Overview
Snapshot
Founded in March 2021 by Chanan Lavi and Nir Levy, Kipp operates with 11–50 employees. The company has raised $12.5M across three funding rounds from six investors. In February 2022, Kipp secured seed funding with TLV Partners as a lead investor.
Business overview
Kipp develops a platform that bridges the gap between card issuers and merchants to increase transaction approval rates, thereby driving revenue and customer loyalty. Its core product, Kipp Connect, enables issuers to generate new revenue streams by allowing merchants to pay a premium for payment authorization without incurring additional risk. The company serves the Fintech and eCommerce sectors, operating in markets such as the United States and Europe.
Strategic signal
In November 2024, Kipp joined the FIS Accelerator Program, signaling a strategic move to drive fintech innovation. This participation indicates the company's commitment to advancing its payment solutions and expanding its reach within the financial technology ecosystem, potentially leading to new partnerships and market opportunities.
Log in to access full profile ›Company Intelligence Q&A
- What is Kipp's primary offering?
- Kipp connects card issuers and merchants to enhance transaction approval rates, fostering increased revenue and customer loyalty. Its platform allows issuers to create new revenue streams by charging merchants a premium for payment authorization, mitigating additional risk.
- When was Kipp founded and by whom?
- Kipp was founded in March 2021 by co-founders Chanan Lavi, who serves as CEO, and Nir Levy, the CTO.
- What significant program did Kipp join in November 2024?
- In November 2024, Kipp joined the FIS Accelerator Program, aiming to drive fintech innovation.
- Which accelerator program welcomed Kipp in June 2024?
- In June 2024, Kipp was welcomed into the Mastercard Start Path Emerging Fintech program, which supports startups building resistant cyber operations and other fintech solutions.
- When did Kipp partner with Primer to improve payment authorization rates?
- In July 2023, Kipp partnered with Primer to improve payment authorization rates.