Yuval Tal's Story
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Yuval Tal- Life Story

Yuval Tal
Yuval Tal is a keen investor and apart from being founder and president of Payoneer, he has investments in a range of venture capital companies which include Tactus, Superfly and Ginger.

Tactus Mobile Solutions was recently founded in July 2010.  The venture company raised $1.5 million in its first financing round with its purpose to be invested at finalization of development of the mobile payment application version to be released.  Originally the application was developed for end-users but adaption was made so that the application can be installed by any business or on any website on a smartphone accordingly.  This enables payment directly from the smartphone at a low cost. 
  Smartphones have added a brand new aspect to online shopping with a population of users buying and selling direct from their phones in their pockets which is preferred to using their computers on their desks.  This has itself opened a whole new concept for users and the smartphone could well indeed become the mobile wallet.  This service supplements the facility offered by Yuval Tal via Payoneer, which allows the speedy and efficient transmission of funds between organizations wherever they may be located on the globe.

Yuval Tal has also made some investments in a completely different arena.  He has invested in Israeli model Bar Rafaeli’s new ecommerce company, who has risen to international fame and has appeared as the cover model of Sports Illustrated Swimsuit Issue in 2009.  Investment by Tal has been made in the new e-commerce lingerie company, Undeez selling designer underwear, set up by Rafaeli with Dudi Balsar, an attorney and also former model, scheduled to go online at the end of 2011.

Another investment Tal participated in recently was made in ZooZ, a company providing all-inclusive end-to-end payment solutions which has a $1.5 million funding backing it.  ZooZ permits developers of mobile applications to simply integrate digital payments into their Android or iOS apps via an SDK.  ZooZ have built their solution focusing on security and fraud detection and all sensitive data is stored in a PCI-compliant cloud setting.  ZooZ, based in Israel, was founded in 2010 and promises customers service will be free for first 6 months to be followed by a nominal fee being charged for processing payments.

Yuval Tal was raised and concluded his high school studies in Israel and received a BSC in mechanical engineering, an MSC in biomedical engineering minor in business administration, all from Tel Aviv University.  Tal has issued two patents related to payment transfer methods and global transactions in multiple currencies and has more than two decades of involvement in the web-based payment solutions industry.  He has functioned as a board member of the Electronic Transactions Association’s Technology Committee where his in-depth comprehension of Internet transactions, security online and the e-commerce industry was demonstrated. 

The ETA is an international organization which represents more than 500 companies worldwide, offering electronic transactions in the handling of services and goods.  Their purpose is to impact, observe and form the industry by education and encouragement.  

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