Israel
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
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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
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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
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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
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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,
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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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