Israel
Payoneer Acquires Israeli AI Data Platform Spott
Payoneer announced the asset acquisition of Israel-based Spott, a real-time data platform that uses AI to accurately surface, assess, and quantify data for more informed and faster business decision-making. Spott’s technology will enable Payoneer to better understand and serve customers,
Read More
Tel Aviv Stock Exchange Signs Digital Asset Tech Agreement With Fireblocks
The Tel Aviv Stock Exchange (TASE) has signed a strategic agreement with Fireblocks. This strategic partnership empowers TASE to offer a comprehensive range of digital asset products and services, aligning with TASE’s new strategic plan. As a result, TASE will
Read More
Binance’s Legal Woes Intensify
Regulators are turning up the heat on the world’s largest cryptocurrency exchange, slamming Binance, its US-based affiliate and its founder with a new lawsuit. The move is the latest development in an industry-wide crackdown that has seen regulators clamp down
Read More
Israel Maintains Startup Leadership Position Across Middle East, Africa
For the fourth year in a row, Israel is being recognized as the largest and most advanced startup hub in the Middle East and Africa (MEA) region, commended for its large startup ecosystem, dynamic funding market and outstanding culture of
Read More
Airwallex Launches in Israel, Appoints Ex-Googler to Lead Operations
Cross border payments firm Airwallex has officially launched its operations in Tel Aviv, Israel as the first step of its Middle East expansion plans and appointed Or Liban as its Head of Israel and the Middle East. The company already
Read More
New Report Highlights Fintech’s Growing Importance in Israeli Economy
In Israel, the fintech industry is playing an increasingly important role in the country’s economy. In 2021, the sector employed 20,000 people in Israel and contributed about ILS 8.2 billion (US$2.2 billion) to the country’s gross domestic product (GDP), figures
Read More
Abraham Accords: Unlocking the Potential for Israeli Tech Companies in the UAE
The UAE has over the last five years or so become home to a growing range of innovative tech companies in a wide variety of sectors, including fintech. This has been the result of a very deliberate policy of the
Read More
UBS Next Participates in $20 Million Series B of Israel Compliance Tech Startup
Shield, a compliance tech platform based in Tel Aviv, announced its $20 million Series B financing round, which was led by Macquarie Capital and joined by UBS through its venture and innovation unit UBS Next, Mindset Ventures and OurCrowd. This
Read More
Israel’s OurCrowd Launches AI Hub at ADGM’s Hub 71 With ADIO
Israeli venture investing platform OurCrowd announced plans to invest US$60 million in its Abu Dhabi operations with a new office and AI tech hub, enabled by the Abu Dhabi Investment Office (ADIO). The two new initiatives, which were announced during
Read More
Israel’s Liquidity Group to Establish R&D Center in Abu Dhabi
Credit automation platform Liquidity Group has joined the Abu Dhabi Investment Office (ADIO) Innovation Programme and will establish an R&D center in the city, making it the first Israeli company to do so. Liquidity’s R&D center will focus on developing
Read More