Eyal Levy was the founder of Platinum Funding Group (PFG) and has extensive experience with factoring and commercial finance in the US and UK for over 25 years. PFG, a premier factoring company, was headquartered in New York with offices in Chicago, Los Angeles, Florida, New Jersey and London. PFG commenced its operations in 1992 but had to cease its operations in the first quarter of 2010 as its bank lenders decided to exit the market of financing cash-flow providers. PFG was the leader of its niche financing distressed customers, with over $250 Million in annual funding.
Mr. Levy started his career at Elisra, an Israeli defense contractor that marketed sensitive electronic products to the CIA, FBI, US Air Force and US Special Forces. Mr. Levy holds a Bachelor of Science in Electrical Engineering from Fairleigh Dickinson University in New Jersey and he attended the business program at Bar Ilan University in Israel.
A question I am frequently asked is – how did you come up with the name Banana Exchange and where did the JoJo idea come from? The answer is simple. My father was a military man and from the age of 8 to 12 we lived in Addis Ababa, the capital of Ethiopia. My father was sent to Ethiopia by the Israeli government to train the army of the Emperor Haile Selassie. I was sad to leave my friends back home, so my parents adopted a monkey to make me happy. That monkey was named JoJo. Here is a photo of my brother, me, and the original JoJo.
Currently Mr. Levy is a mentor in the Harvard Business School entrepreneurship program.