Tigapo

Company Overview

Snapshot

Founded in March 2016 by Tsachi Sayegh and Dvir Avizrat, Tigapo operated with 1–10 employees. The company was acquired by Nayax in August 2021, marking a significant exit in the IoT and payment systems sector.

Business overview

Tigapo specializes in developing an IoT system designed for coin-operated machines, enabling remote control and management. The company's core technology includes a digital payment platform that allows users to pay for services via smartphones and NFC chips. By connecting machines to the cloud, collecting and analyzing real-time data, and utilizing machine-learning algorithms for autonomous remote management, Tigapo helps machine owners reduce operational costs and increase revenue. It operates within the Fintech & Insurtech sector, serving global markets with its payment and management solutions.

Strategic signal

In March 2021, Tigapo announced a partnership with Nayax, a move that significantly extended the reach of its cashless payment platforms. This collaboration signaled a strategic validation of Tigapo's IoT and payment technology, indicating a strong market alignment and potential for broader adoption within the vending and coin-operated machine industries.

Company Intelligence Q&A

What is Tigapo's primary offering?

Tigapo provides an IoT management and payment system specifically designed for coin-operated machines, enabling remote control, data analysis, and digital payment options via smartphones and NFC chips.

When was Tigapo founded and by whom?

Tigapo was founded in March 2016 by co-founders Tsachi Sayegh and Dvir Avizrat.

What was a key strategic development for Tigapo in 2021?

In March 2021, Tigapo entered into a partnership with Nayax, which expanded the reach of its cashless payment platforms.

What was a notable offering from Tigapo in 2020?

In May 2020, Tigapo offered free installation for its monetization system.