Fintech

20 stories about Fintech
אור ליבן,  מנהל ישראל ואזור המזרח התיכון  Airwallex

Fintech giant Airwallex launches operations in Israel, eyeing cyber acquisitions

09.05.23|Maayan Manela
Airwallex, valued at $5.5 billion, said it chose Tel Aviv as the location for its first office in the region due to strong customer demand and the thriving Israeli technology ecosystem
פאגאיה הנפקה נאסד"ק

Pagaya executives were looking at $200 million windfall had stock price held up

24.04.23|Amir Perger
The founders, managers, and directors of the fintech company received generous option allocations, but they have been unable to convert them to cash with Pagaya’s share price falling by 92% since going public in June 2022
מייסדי פאגאיה מימין אביטל פרדו יהב יולזרי ו גל קרובינר - חדש

Pagaya suspends full immediate withdrawals from Opportunity Fund

16.04.23|Almog Azar
The Pagaya Opportunity Fund, the largest P2P fund in Israel, manages about NIS 4.7 billion ($1.28 billion), and says that it will instead use a mechanism to transfer funds on a quarterly basis
CTech Mind The Tech London Eyal Efrat

How is Bank Leumi approaching innovation in the fintech space?

22.03.23|James Spiro
Eyal Efrat, First Executive Vice President at Bank Leumi and Board member at The Garage, joined CTech to share some of the ways the bank is embracing innovation.
יוני אסיא על רקע משרדי חברת אי טורו eToro ב בני ברק

eToro value plummets, raises $250 million at $3.5 billion valuation

21.03.23|Sophie Shulman
The fintech company planned to go public through a SPAC merger at a valuation of $10.3 billion, but the deal was ultimately canceled due to a protracted prospectus and regulatory process, and worsening market conditions
ג'ון קפלן  המנכ"ל החדש של פיוניר

Payoneer eyeing return to profit through focus on larger SMBs

02.03.23|Sophie Shulman
The fintech company's revenues in 2022 jumped by 30% to $627.6 million and it expects to cross $800 million this year
Roi Ben Daniel Received 20

“I want to be a CEO that drives people by conviction and by action.”

28.02.23|CTech
Using your own example and convictions rather than relying on your spot on the org chart results in better leadership, says Roi Ben Daniel, co-founder and CEO of Received.
רון דניאל מנכ"ל Liquidity Capital

Liquidity Group reaches unicorn status with new $40 million investment from Japan’s MUFG

20.02.23|Golan Hazani
The fintech company, which provides unlimited unsecured, non-recourse, no-dilution growth capital, saw its valuation rise by 75% in less than a year to $1.4 billion
אסף קוצר וטל קירשנבאום, מייסדי לדג'

Ledge raises $9 million in Seed for automated payments command center

16.02.23|Meir Orbach
The Israeli startup’s platform automates the entire payment lifecycle to improve visibility, lower the risk of losses, and reduce operational costs
נעם ענבר, שותפה בקרן ויולה פינטק

Noam Inbar joins Viola FinTech as Partner

14.02.23|Meir Orbach
In her previous role, Inbar managed an early-stage fintech investment arm backed by The Phoenix
עובדי PayEm פינטק

Fintech platform PayEm raises $20 million in equity funding and $200 million in credit

24.01.23|Meir Orbach
PayEm’s procurement and spend management platform offers smart procurement solutions, AP automation, expanse reimbursement and smart credit cards
FINTECH

Israeli Fintech startups to watch out for in 2023

24.01.23|James Spiro, Elihay Vidal
As part of CTech's 2022 VC survey, we asked dozens of industry executives to name some startups they invested in over the past year. The following list highlights some of the notable Fintech startups suggested by their investors
מייסדי פאגאיה מימין אביטל פרדו יהב יולזרי ו גל קרובינר - חדש

Pagaya goes from highest-valued Israeli company to danger of delisting

24.11.22|CTech
The Israeli fintech company has lost over 97% of its valuation in less than four months, going from a market cap of around $20 billion to just $680 million
מייסדי Rapyd

Fintech unicorn Rapyd set to lay off dozens of employees

22.11.22|Meir Orbach
Israel’s highest-valued startup, which reached a $15 billion valuation earlier this year, could lay off more than 10% of its 900 employees
Adoram Gaash Meirav Har Noy Moneta

Moneta Venture Capital raises $120 million for new fintech and insurtech fund

26.10.22|CTech
The fund has invested in over 30 ventures to date, including: Railsbank, Panorays, TipRanks, Insurify, Rewire, Atidot and Human API
Meirav Harel 20

“We are seeing the next step in human evolution in finance.”

26.10.22|CTech
There is a struggle between two financial ideologies that seek to shape the future of money, says Meirav Harel, a member of the board of directors of Excellence Trade.
Vesttoo co-founders

Fintech startup Vesttoo raises $80 million at $1 billion valuation

25.10.22|Meir Orbach
The Israeli startup, which has developed a platform that facilitates the investment of new sources of capital in the insurance market, plans to use the new funding to make acquisitions
Fundbox Team

Fintech unicorn Fundbox fires 40% of workforce

25.10.22|Meir Orbach
The Israeli-founded company is laying off 150 of its 360 employees, half in Israel and half in the U.S. “We grew our team too fast, and we need to course correct,” said CEO Prashant Fuloria