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AI at work: Executives are ready, employees aren’t
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Credit
20 stories about Credit
Pagaya investors face a triple hit: frozen redemptions, high fees, and poor returns
22.04.25
|
Almog Azar
Consumer credit fund delivers just 5.8% over three years, while rivals surge ahead.
Is the American economy on the verge of a recession? Consumer credit data suggests otherwise
01.04.25
|
Keren Danziger
"Although issues such as trade policy, housing accessibility challenges, and geopolitical instability continue to pose significant obstacles, the data indicates that a severe recession remains distant," writes Keren Danziger, CEO of Investment Funds at Pagaya in Israel.
Firstime unveils project financing for startups, closing first $60M deal
26.02.25
|
Sophie Shulman
Non-dilutive credit solution targets deep-tech and sustainability companies.
Viola Credit closes first $600 million of new $1.5 billion fund
01.08.24
|
Sophie Shulman
The firm’s third fund will focus on offering asset-backed credit to global fintech companies.
Viola Credit raising new $200 million fund
04.10.23
|
Sophie Shulman
The fund, which has successfully completed the first closing of $140 million in commitments, plans to extend loans to early-stage high-tech companies with valuations ranging from $20 million to $100 million
Pagaya withdrawal restrictions leave O.R.T. without access to $12.3 million investment
07.09.23
|
Almog Azar
O.R.T. initially asked to withdraw $4 million, but Pagaya replied that the money would be transferred to a dedicated fund, which would repay the amount in installments. When O.R.T. asked to withdraw the entire sum, Pagaya only agreed to transfer 10% of it to a designated fund
"The non-bank credit market makes a lot of noise, but in reality, it is very small”
26.06.23
|
Irad Atzmon Schmayer
Yuval Gavish, Chairman at Ampa Capital, was speaking on a panel of experts at Calcalist’s Financial Innovation conference in Tel Aviv
"Israel must prepare for a private households debt crisis"
26.06.23
|
Meir Orbach
Managing Partner of consulting firm BDO Israel, Erez Soffer, spoke at Calcalist’s Financial Innovation conference in Tel Aviv about how inflation is impacting household spending
Pagaya's credit fund registers worst-ever monthly loss
25.06.23
|
Almog Azar
During a conference call with investors, the fund's representatives explained that the 4.9% negative return in May stemmed from loans issued at the end of 2021 and the beginning of 2022
JP Morgan expands operations in Israel, enters high-tech commercial banking
19.06.23
|
Sophie Shulman
The global banking giant has recruited Darya Fuks to lead new venture, intensifying competition in high-tech financing
From bad to worse: Pagaya's consumer credit fund further limits withdrawals
15.06.23
|
Almog Azar
The new restrictions mean that the waiting time for investors to access their redeemed funds will double, with investors now only being able to receive 10% of their requested amount each quarter
Discount Bank & ezbob to establish digital credit company
05.03.23
|
Almog Azar
The bank and the English fintech company will cooperate in the consumer credit and small business credit markets, under a company called Greenlend
Viola Credit raises $700 million to support fintech startups with asset-backed lending
26.05.22
|
Meir Orbach
The fund will provide asset-backed lending transactions for fintech platforms to scale their origination business
“There has been regulatory disorder for many years here, but I am very optimistic"
28.06.21
|
Hezi Sternlicht
Mesh Payments’ co-founder and CEO Oded Zehavi spoke at a panel during Calcalist's FinTech 2021 Conference alongside Fundbox’s GM Israel and CTO Dror Yosef and Michman Business Credit Chairman Doron Spair
Fintech company Credit24 going public on TASE at a NIS 160 million valuation
18.04.21
|
Golan Hazani
The company will try to raise NIS 40-50 million in May, since its current credit portfolio of NIS 20 million is insufficient to process the credit requests it receives
Visa and Capital One alum Cetin Duransoy named as COO of Israeli fintech company Fundbox
25.03.21
|
CTech
Fundbox has experienced accelerated growth during the Covid-19 pandemic and is reportedly eyeing a Wall Street offering in the near future
Stoa Raises $60 Million in Credit, $4 Million in Equity
27.01.20
|
Meir Orbach
The Tel Aviv-based startup develops a unified service for U.S. renovators, subcontractors, and buyers
Not-for-Profit Organization Ogen to Offer NIS 200,000 Loans to Small Businesses
05.01.20
|
Elham Nasser Eddin
Ogen, which aims to serve as a social bank offering credit line at low interest rates to low-income people, received regulatory approval in September
Israeli Credit Card Startup CreditStacks Raises $10 Million
07.11.19
|
Meir Orbach
CreditStacks offers credit cards to U.S. customers that have no credit history
Not-for-Profit Organization Ogen Receives Go Ahead for New Social Credit Venture
26.09.19
|
Hezi Sternlicht
Israel-based Ogen aims to provide low-income people with credit at low interest rates
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