Israel

Personetics Secures US$85 Million Investment From Thoma Bravo

Personetics, a provider of data-driven personalization solutions, announced it has raised US$85 million from software investment firm Thoma Bravo. The firm will be partnering with Thoma Bravo to leverage the latter’s operational expertise in software and financial technology. The funds

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Israeli Challenger Bank First Digital Bank Raises US$120m Series A

AI-based Israeli digital bank First Digital Bank has secured US$120 million in a Series A equity round. The 2019-founded digital bank raised the funds from investors including the Swiss wealth management group Julius Baer, the Japanese financial conglomerate SBI and

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Rapyd to Set Up Base in Dubai Amid Staffing Crunch

Israeli payment solution provider and fintech unicorn Rapyd is opening an office in Dubai as it aims to resolve a talent shortage in Israel. The company is setting up shop in the emirate to attract international talent, and also started

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Israeli Fintech Unicorn Tipalti Valued at US$8.3b After US$270m Fundraise

US-Israeli payables solution provider Tipalti has secured US$270 million in a Series F round. The round values the fintech unicorn at US $8.3 billion, with its total funding pool now standing at over US$550 million, the statement said. The funding

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Coinbase Acquires Israeli Cryptography Company Unbound Security

Coinbase has acquired Israel-based cryptographic security technology company Unbound Security. The deal is expected to close in the next few months subject to customary conditions. Financials of the deals were not disclosed. The acquisition is part of Coinbase’s strategy to

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US-Israeli Supply Chain Fintech 8fig Closes US$50m Series A

US-Israeli supply chain fintech company 8fig has closed a US$50 million Series A round, the company said in a statement.  The round was raised from returning investors Battery Ventures and LocalGlobe, as well as serial entrepreneur and co-founder of Nested

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ADGM Licenses First Israeli Venture Capital Firm

Venture capital firm OurCrowd has become the first Israeli venture firm to have gained approval and licensing by the Abu Dhabi Global Market (ADGM) in the UAE, according to a statement. The firm has incorporated its wholly owned subsidiary OurCrowd

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8 Israeli Fintech Unicorns to Keep an Eye On

Israeli fintech unicorns (those based in Israel as well as US-Israeli companies) have made a splash this year amidst soaring valuations, record-breaking fundraises and a number of SPAC listings as well. This comes in the backdrop of Israel’s emergence as

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Deutsche Börse’s Venture Arm Acquires Minority Stake in Israeli Fintech WeMatch

Deutsche Börse’s venture arm DB1 Ventures has acquired a minority stake in WeMatch, an Israel-based fintech company digitising the wholesale derivatives industry, as part of the latter’s US$ 19.5 million Series B equity funding round. The deal closed on 30

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US-Israeli Payments Platform Melio Raises US$250M Series D

New York-based Israeli B2B payments platform Melio has tripled its valuation to US$4 billion with its latest fundraise of US$250 million in a Series D, according to a statement. The round was co-led by Thrive Capital and existing backers of

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