Fintech

20 stories about Fintech
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
מייקל ג'ורדן שיקגו בולס

Plus500 and Chicago Bulls announce multi-year global partnership

03.10.22|CTech
The trading company’s first US-based sports sponsorship agreement with the Bulls is aimed to drive awareness of the global multi-asset fintech group in the US
AccessFintech team

AccessFintech raises $60 million from banking giants to expand data management network

22.09.22|CTech
BNY Mellon, Bank of America, J.P. Morgan, Goldman Sachs, and Citi Group all invested in the Israeli startup, which has grown its data collaboration network to include over 100 participants
פאגאיה הנפקה נאסד"ק

Pagaya party comes to crashing halt

21.09.22|CTech
The Israeli fintech company has lost over 92% of its valuation in less than two months, leaving it with a market cap of $1.5 billion
ועידת Mind the Tech ניו יורק  ג'ו פרוטו יגאל רותם אירה רובינס אילית גלר

"It used to be ‘buy now, pay later’ and now it's becoming ‘buy now, pay never’"

19.09.22|CTech
Joe Proto, Board Chairman, Director & Advisor at Emerging FinTechs, was speaking in a panel regarding Fintech in 2030, which included Ira Robbins, CEO of Valley Bank, and Igal Rotem CEO of Finaro
דני צידון

Viola raising $100-150 million for new fintech fund

12.09.22|Golan Hazani
Bank Hapoalim, which was an anchor investor in Viola’s first fintech fund, decided to significantly reduce its participation in the new fund, with Bank Leumi set to be an anchor investor instead with a $15 million investment
עובדי Mesh Payments

Mesh Payments nets $60 million Series C for finance automation platform

07.09.22|Meir Orbach
The Israeli startup’s solution gives finance teams more visibility into each payment, from SaaS subscriptions to employee expenses, and better real-time tools to control and optimize business spending
סייבר נוזקה נוזקת כופר כופרה האקר

US, Israel sign deal to combat ransomware, protect critical financial infrastructure

24.08.22|CTech
The U.S. Deputy Secretary of the Treasury and Israel’s Finance Minister agreed to set up a task force to support fintech innovation and cybersecurity last year and the new partnership will see the parties conduct a bilateral exercise later this year
מייסדי פאגאיה מימין אביטל פרדו יהב יולזרי ו גל קרובינר - חדש

Is the Pagaya bubble bursting?

23.08.22|CTech
The Israeli fintech company has lost almost a quarter of its value over the past week, falling beneath a market cap of $11 billion
פאגאיה הנפקה נאסד"ק

Pagaya CEO: “We get excited by rising revenue, not the share price”

18.08.22|Meir Orbach
The Israeli fintech company, which saw its value skyrocket over the past month, expects its total revenue in 2022 to range between $700 million and $725 million and its adjusted EBITDA for the year to range between negative $20 million and positive $10 million
מייסדי פאגאיה מימין אביטל פרדו יהב יולזרי ו גל קרובינר - חדש

Investor-favorite Pagaya reports 83% increase in revenue to $181.5 million

16.08.22|Meir Orbach
The fintech company, which has seen its shares surge dramatically over the past month, said it expects its total revenue for 2022 to range between $700 million and $725 million
מליו מייסדים

Fintech unicorn Melio fires 60 employees

09.08.22|Meir Orbach
The Israeli company raised $250 million at a $4 billion valuation last year, but said that due to a shift in product priorities it will be parting with 60 team members across its sales and customer success team
יוני שוסטר ובר גירון, מייסדי באלאנס

PayPal alums raise $56 million for fintech startup Balance

26.07.22|Meir Orbach
The Israeli startup has developed a B2B e-commerce payments platform offering an online checkout with omni-channel support built for businesses