Israel

eToro Gets ADGM’s In-Principle Approval to Operate as an Investment Broker

Israeli social investing platform eToro has received an in-principle approval from the Abu Dhabi Global Market (ADGM) to operate as a securities, derivatives and crypto broker in Abu Dhabi. The company expects to subsequently obtain a Financial Services Permission from

Read More

Wix’s UK-Based Merchants Can Now Accept Payments With Vyne

Account-to-account payments platform Vyne entered a new partnership with web development platform Wix that gives Wix’s UK-based merchants access to Vyne’s open banking payments infrastructure, enabling them to offer their customers the ability to pay directly from their mobile banking

Read More

8 Rising Fintech Startups in Israel

Israel is home to a dynamic fintech ecosystem with global reach and traction. In 2021, Israeli-founded fintech startups raised a record of US$4.5 billion, surpassing the three previous years combined, a report by Viola Group, a leading tech-focused investment firm

Read More

Israel Fintech Startup Vyzer Chooses Salt Edge to Offer Open Banking Investment Boost

Vyzer, an Israeli-based fintech consumer focused startup, joined hands with Salt Edge, an open banking solutions, to enable high net worth investors to instantly connect and sync their European bank accounts, offering a comprehensive analysis of investment performance and fully

Read More

Remitly to Acquire Israel Remittance Startup Rewire

Remitly Global, Inc., a leading global digital financial services provider for immigrants and their families, today announced that it has signed a definitive agreement to acquire Rewire, an Israeli-based financial services platform for migrant workers. Under the terms of the

Read More

Israel’s SHVA Selects Netcetera to Upgrade the Security of Online Payments

Netcetera, a Swiss software company that provides secure digital payments, has announced that it has partnered with Israel-based Automated Banking Services (SHVA). Through this partnership, Netcetera will be providing its 3-D Secure Acquiring solution suite to SHVA which will be

Read More

Funding to Israeli-Founded Fintech Startups Jumped 136% in 2021 to US$4.5B

2021 was a blockbuster year for Israeli-founded fintech startups, which continued to grow, mature and attract investors’ interest. In 2021, Israeli-founded fintech companies raised a new record of US$4.5 billion in 2021, surpassing the three previous years combined, a new

Read More

Top 6 Most-Well Funded Fintech Startups in Israel

Home to more than 800 fintech companies, Israel is today considered a powerhouse in the global fintech scene, having minted some of the world’s most notable startups including online broker eToro, paytech startup Rapyd, and insurtech provider Lemonade. In 2021,

Read More

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

Read More

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

Read More