Israel
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
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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
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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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