Fintech

20 stories about Fintech
פרויקט הסטארטאפים 2019 riskified עידו גל

Riskified laying off 6% of team as growth stutters

14.02.24|CTech
The fintech company is parting ways with over 40 employees, with CEO Eido Gal explaining that despite the company’s best efforts to grow its revenue while reducing spending, it requires a faster process to reach its EBITDA targets
הדר סיטרמן נוריס שותפה ב- Team8

There’s a silver lining to Israel's fintech funding slowdown

12.02.24|Hadar Siterman Norris
“Ultimately, in the face of immense challenges, 2023 proved to be a year where Israeli fintechs showcased their resilience and resourcefulness,” writes Hadar Siterman Norris of Team8
וסטו Vesttoo

Brokering giant Aon sets aside $197 million for Vesttoo settlements

04.02.24|Almog Azar
Aon has faced the wrath of some cedents whose reinsurance deals it brokered or facilitated and turned out to be backed by Vesttoo’s fraudulent Letters of Credit
מנכ"ל ברקס הנריקה דבוגרס מנהל ברקס ישראל נדב לידור

Fintech unicorn Brex set to close Israel R&D center as part of global layoffs

31.01.24|CTech
The over 20 Brex employees in Israel are expected to be laid off or offered roles abroad after the company announced last week that it was cutting 20% of its global staff
אור ליבן מנכ"ל ישראל ומזה"ת Airwallex איירוולקס

The future of finance is here: Why AI is the key to unlocking value in fintech

29.01.24|Or Liban
“The integration of AI in fintech has already begun to reshape the financial industry, and Israel's role in this transformation cannot be understated,” writes Or Liban, Head of Israel and the Middle East, at Airwallex
מייסדי פאגאיה מימין אביטל פרדו יהב יולזרי ו גל קרובינר

Pagaya relocating HQ from Israel to NYC, reverse splitting shares, in hope of attracting US institutional investors

16.01.24|Sophie Shulman
In a report titled “Strategic Actions to Enhance Marketability of its Stock” the Nasdaq-listed company detailed its plans to relocate from Israel, file on U.S. domestic issuer forms with the SEC, and reverse split its stock, consolidating shares at a range between 1-for-10 to 1-for-15
רון דניאל מנכ"ל ליקווידיטי

Liquidity Group raising $200 million for sixth debt fund

09.01.24|Golan Hazani
The Israeli fintech company currently manages five debt funds and two dedicated investment vehicles, for which $2 billion were raised, and one equity fund, for which $500 million were raised
Airwallex Nadav Tamam

Airwallex appoints Nadav Tamam to lead its enterprise business in Israel and the Middle East

07.01.24|CTech
Tamam has previously worked at companies such as Google and Flipkart, as well as startups like Dynamic Yield and Cappsool
מייסדי פאגאיה מימין אביטל פרדו יהב יולזרי ו גל קרובינר

Pagaya nearing $1 billion market cap after shares surge 13% on partnership with auto finance firm Exeter

14.12.23|Reuters and CTech
Exeter Finance said it intends to use the fintech firm's credit-decisioning product across its national network of over 13,000 auto dealers
מייסדי פונטרה PONTERA מימין איל הלחמי דוד וייס יואב צוראל אורי לוין

Fintech startup Pontera raises $60 million at $550 million valuation

07.12.23|Sophie Shulman
The Israeli company, which makes money by charging a percentage fee to financial advisors who use its platform, said that its annual revenue has quadrupled since 2021
Airwallex Keter Rubinstein

Airwallex appoints Keter Rubinstein as Director of Strategy and Operations for Israel and the Middle East

20.11.23|CTech
"Her rich experience will be a key component in further deepening our activities in Israel and the Middle East as we continue to support local businesses in their growth,” said Or Liban, Head of Israel and the Middle East
entrio team

Entrio extends its Seed round, raising a total of $11 million for its tech adoption platform

15.11.23|James Spiro
The company raised an initial $7.5 million earlier this year and has welcomed new investors to help expand its reach from banks to broader financial institutions such as insurance.
Statement team

Fintech startup Statement raises $12 million for multi-banking, global liquidity management platform

18.10.23|CTech
“We heard this week that ‘In unstable times you want to invest in the most resilient people’, and we hope that sharing this news instills optimism amongst our peers in the Israeli tech community and our people,” the company said
האחים אייל ועופר פלדמן, מייסדי סטמפלי

Stampli raises $61 million: “We will make Stampli one of the largest FinTech companies in the world”

03.10.23|Meir Orbach
Stampli is a complete AP automation platform that brings together accounts payable communications, documentation, and payments
Creednz founders

Creednz raises $7 million to battle payment fraud

27.09.23|CTech
The Israeli startup has developed a platform that safeguards corporate finance teams from payment scams to prevent financial loss
עינת גז מנכ"לית פאפאיה גלובל פאפיה גלובל

Israeli entrepreneur Eynat Guez to speak at World Fintech Show in Saudi Arabia

26.09.23|Meir Orbach
The Co-Founder and CEO of Israeli unicorn Papaya Global is the first Israeli woman entrepreneur to be invited to speak at a tech event in the Kingdom
מימין יו"ר ו מייסד קרן JVP ויו"ר ThetaRay אראל מרגלית מנהלת שותפה ב קרן Portage דבון קירק ו מנכ"ל ThetaRay פיטר ריינולדס

ThetaRay raises $57 million for AI-powered global payments solutions

05.09.23|Meir Orbach
The Israeli startup’s cloud-based transaction monitoring and screening solution uses AI technology to monitor financial transactions and allow the flow of funds across the world by establishing trusted transactions