Tagged: israel

Fintech Splitit and Everyware to Bring Installments to Pay By Text

Splitit (ASX: SPT) and Everyware, a contactless payments and customer engagement solutions company, have agreed to a partnership “to bring Splitit’s Installments-as-a-Service platform to Everyware’s Pay By Text platform eliminating consumer friction for mobile installments.” Everyware will integrate Splitit’s Installments-as-a-Service into its platforms “to deliver… Read More

OurCrowd Partners with Singapore Economic Development Board

OurCrowd, a leading global securities crowdfunding platform, has partnered with the Singapore Economic Development Board (EDB) in the Global Innovation Alliance (GIA) program, according to a statement issued by OurCrowd. The goal is to boost international collaboration between the two countries to increase investment as… Read More

Rewire Acquires Imagen, an Israeli Migrant Prepaid Card Specialist

Rewire, a digital wallet designed for economic migrants, has made its very first acquisition, picking up Imagen, a pre-paid card service provider intended for migrants in Israel. Financial terms were not shared publicly. Imagen operates over 30,000 active pre-paid MasterCards that are connected to the… Read More

Stanchion Payment Solutions Completes HSM Migration for Major Bank in Israel

Stanchion Payment Solutions has completed HSM migration for one of Israel’s top three banking institutions. The bank has reportedly “migrated from ARX hardware security modules (HSMs) to Futurex HSMs.” HSMs power the bank’s secure payments environments “such as managing the cryptographic key exchange for the… Read More

Israeli Blockchain Firm Starkware Finalizes $100M Round at $8B Valuation

Israeli blockchain firm StarkWare, which offers a cryptographic compression service, has managed to quadruple its latest valuation during just the past six months. Starkware confirmed that it finalized a $100 million Series D round that had been led by Greenoaks Capital as well as Coatue,… Read More

Israel: Credit & Payments Firm Max Offers “First” Crypto-Cashback Credit Card

Max Credit Cards and Bits of Gold have partnered to launch a Visa card in Israel called MaxBack Crypto. The new card is said to be the first crypto cashback card in Israel, designed to allow users to accumulate Bitcoin while they use the card…. Read More

BridgerPay Introduces Self-Onboarding Payment Operations Platform

$156 trillion will cross international borders in 2022, with cross-border transactions “worth up to 41% more than local ones.” Businesses have the need “to enter new markets, automate payment flows, connect multiple payment providers, and generate data-driven insights.” BridgerPay allows any business “to connect their… Read More

Hetz Ventures Secures $123M Fund for Thematic Seed, Pre-Seed Investments

Hetz Ventures, one of Israel’s seed-stage venture capital funds, recently announced the closing of its third fund of $123 million. The new fund, Hetz III, brings the firm’s total assets under management to nearly $300 million, and like its previous fund, “was heavily oversubscribed.” Hetz… Read More

OurCrowd Sees Silver Lining During Challenging Market in the World of Global VC Investments

COVID, war, inflation, rising interest rates … the global economy is being hammered from multiple directions right now. After years of calm sailing, a global pandemic marked a dramatic change in markets that have endured a growing list of geopolitical and economic challenges. Like all… Read More

Sabanci Acquires Israeli OT Cybersecurity Startup Radiflow

Radiflow, an Israeli OT cybersecurity startup, announced that it is being acquired in “a two-phase process by Sabanci Group, market leaders in the financial services, energy, and industrial sectors.” As mentioned in an update shared with CI, the initial phase entails “a $45 million primary… Read More

Capitolis Prepares for Ongoing Growth with Key Appointments Across the Business

Capitolis, the tech company reimagining capital markets, recently announced that it has grown its employee base by 50% “versus the same period last year as the company continues growing and scaling the business to meet customer demands and ongoing opportunities to innovate.” The investment in… Read More

Astonishing, Really: Israel Tech Investment Continues to Grow

A new report by IVC in partnership with LeumiTech – a company providing banking for high-tech companies, outlines tech investment in Israel, and even during the most challenging times – investment continues to grow. According to the report, Israeli start-ups raised a whopping $5.58 billion… Read More

OurCrowd to Open Global Artificial Intelligence (AI) Innovation Center in Abu Dhabi

  Global securities crowdfunding platform OurCrowd will open a global artificial intelligence innovation center in Abu Dhabi later this year, according to a report. The new center is part of the ongoing initiative to connect countries that have normalized relations with Israel because of the… Read More

PayPal Ventures Backs Cymbio, a Marketplace Management Platform

PayPal Ventures has invested in Cymbio, a marketplace and dropship automation platform, months after the company completed a $20 million Series B round. PayPal Ventures is, of course, the venture arm of payments platform PayPal (NASDAQ:PYPL). Cymbio is a platform that aims to enable brands… Read More

As Pandemic Diminishes, a Hiring Spree is in the Works: OurCrowd High Tech Jobs Index

OurCrowd, a leading global investment crowdfunding platform, has published its Q4 2021 High Tech Jobs Index. According to OurCrowd, their survey indicates “aggressive recruitment plans as the world turns the corner on the COVID-19 health crisis. OurCrowd states that 72% of surveyed companies increased hiring… Read More

Regtech Trulioo Expands Digital Identity Verification Services in EMEA Region

Trulioo announced that it now provides coverage in Greece and Israel via Trulioo GlobalGateway, the global identity verification platform. With GlobalGateway, organizations operating in these two nations may now “perform identity checks on consumers that support regional Know Your Customer (KYC) and Anti-Money Laundering (AML)… Read More

Beyond Fish? Foresea is a Cell Based Seafood Company and it is Raising Money on OurCrowd

OurCrowd has been an active Foodtech investor for years now. Before Beyond Meat went public, OurCrowd was serving the plant-based meat alternative at its annual global investor event. Of course, Beyond Meat eventually IPOed on the Nasdaq providing an exit for early investors. Currently, OurCrowd… Read More

OurCrowd backed ThetaRay Appoints Peter Reynolds as CRO

ThetaRay, a provider of AI-enhanced transaction monitoring tech to protect banking institutions and Fintech platforms against financial crimes, recently revealed that it has solidified its international revenue operations with the appointment of Peter Reynolds as the firm’s Chief Revenue Officer. ThetaRay is an OurCrowd portfolio… Read More

OurCrowd Hosts Fintech Investing Event: A Big Year For Financial Innovation

Fintech, or financial technology, is a hot sector of investing and innovation in general. All financial services are going through an extended period of disruption as digital replaces analog and startups and early-stage ventures challenge incumbents. In our opinion, this transition is a multi-decade event… Read More

Ecommerce Data Firm Blyp Raises $4 Million in Seed Funding

Blyp, a data firm for ecommerce platforms, has raised a $4 million seed round, according to a statement by the firm. Funding was led by World Trade Ventures, Silvertech Ventures, Eyal Waldman, Dovi Frances, Rafi Gidron, and Boaz Schwartz. Blyp, which has offices in both… Read More

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