CEO and Co-Founder
Our goal is to elevate the shopping experience and authorize more legitimate transactions.
In response to the security and digital needs of card issuers, merchants, and consumers, Kipp developed an AI solution that transforms the traditional payment model to increase approvals, revenue, and customer satisfaction.
The Kipp AI platform is a simple, straightforward solution that leverages the aligned interests of issuing banks and merchants to authorize more legitimate transactions. Kipp’s core solution relies heavily on data enrichment and risk management to help merchants and banks split the cost of risk to incentivize issuing banks to approve more transactions.
We believe in innovation, simplicity, and communication.
We believe that real-time seamless communication and collaboration can solve problems and help issuer banks and merchants reach their shared goals, together. Starting with being there for their consumers for every transaction.
As for the future, Kipp aims to be the universal solution for merchants and banks that want to authorize more legitimate payments for the satisfaction and loyalty of their customers, without assuming more risk.
We believe imagination and out of the box thinking is what brings extraordinary ideas to life
We strongly believe that groundbreaking solutions should be as simple and easy to use
We believe in open mind and free communication with our peers, partners and customers
We believe in flexible thinking in order to move quickly and meet the needs of our customers
After 15 years in the financial industry, seeing the frustration of both card issuers and merchants and the incredibly high loss in revenue caused by declining legitimate transactions, Chanan and Nir realized this long-overdue issue needed a resolution, but they saw none.
One lightbulb moment gave them clarity. What if card issuers and merchants can communicate in real-time and authorize more legitimate transactions at scale?
CEO and Co-Founder
Chanan, Co-Founder, and CEO of Kipp, is an experienced payment expert. Before founding Kipp, Chanan held senior positions that included ePayments management, optimization, and Business Development roles for leading merchant and financial companies where he optimized approval rates, pricing, costs, and foreign exchange.
Chanan holds an MA in Economics and MBA from the Hebrew University of Jerusalem. He is happily married and has four children. When he is not optimizing payment approvals, Chanan likes to run, cook and play the guitar.
CTO and Co-Founder
Nir, Kipp’s CTO and Co-Founder, is a knowledgeable payment processing professional. Before founding Kipp, Nir was directing product development efforts for payment processing solutions and leading technology projects for top issuing and acquiring financial institutions.
Nir holds a BSc in Industrial Engineering & Management from Ben Gurion University and MBA from Tel Aviv University. He is happily married with three children. When he’s not enhancing Kipp’s AI engine, Nir enjoys camping, trekking outdoors and playing tennis.