Israel
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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US-Israeli AI Fintech Company Pagaya Announces US$8.5B SPAC
US-Israeli AI fintech company Pagaya is going public via a SPAC merger with EJF Acquisition Corp (EJFA), according to a statement. The combined company will be valued at around US$8.5 billion. The merger is expected to close in early 2022,
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Israeli Fintech Funding in H1 2021 Smashes Records
It has been a blockbuster year so far for Israeli fintech funding, according to the latest from Start-up Nation Central. It revealed that US$2.3 billion was raised in Israeli fintech funding through venture capital and private equity deals in the
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9 Israeli Fintech Startups to Watch in 2021
Israel’s booming fintech landscape continues to stay in the global eye. Home to over 500 Israeli fintech startups, the country’s ascent as a hub for fintech has been both rapid and spectacular. Alongside being a frontrunner for fintech in the
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Israel API Developer Weav Acquired for US$50 Million
US-based fintech company Brex has acquired Israeli Application Programming Interface (API) developer Weav for US$50 million, according to a recent statement. The acquisition marks Brex’s entry into Israel. Weav’s co-founder and CEO Nadav Lidor will helm Brex’s team in Israel.
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