Tagged: israel

BioCatch Says Artificial Intelligence (AI) Upping Challenge of Catching Fraudsters, Halting Scams

BioCatch, an OurCrowd portfolio company, says that banks and Fintechs are challenged in dealing with AI fueled fraud and scams. BioCatch is an anti-fraud AI firm that aims to halt financial crime by using thousands of data points to track behavior. The company reports that… Read More

OurCrowd Portfolio Company Autobrains Partners with Uber, NVIDIA to Launch Robotaxi in Germany

Autobrains, an OurCrowd portfolio company, has revealed a partnership with Uber and NVIDIA to launch a robotaxi service in Munich, Germany. The announcement was made at the recent NVIDIA GTC Taipei event. In an OurCrowd blog post, Igal Raichelgauz, CEO and founder of Autobrains, stated,… Read More

Agentic eCommerce: ZyG Raises $60 Million Series A

Agentic eCommerce firm ZyG has raised $60 million in a Series A funding round led by Accel. Sonali De Rycker, partner at Accel, will be joining the ZyG board of directors. Other investors include Felix Capital, as well as new and existing investors. ZyG claims… Read More

eToro to Acquire Zengo to Enhance Self-Custody Crypto Capabilities

Investment platform eToro (NASDAQ:ETOR) has reached an agreement to purchase Zengo, a specialist in user-managed cryptocurrency storage solutions. The transaction is estimated to be valued at around $70 million. This strategic acquisition reflects eToro’s ongoing efforts to deepen its involvement in DLT or blockchain-based services… Read More

Iranian Crypto Outflows Surge After US-Israeli Airstrikes : Analysis

In the wake of recent US-Israeli airstrikes on Iran, blockchain analytics firm Elliptic has reported a dramatic 700% increase in cryptocurrency outflows from Nobitex, the country’s leading digital asset exchange. This spike, occurring mere minutes after the initial attacks, underscores how crypto assets are increasingly… Read More

Bitcoin, Ethereum, Crypto Markets Show Resilience Amid Broader Economic Turmoil : Analysis

thought-catalog unsplash Bitcoin Ethereum Cryptocurrency

The ongoing geopolitical crisis in the Middle East, marked by intensified clashes between Iran, Israel, the United States, and other regional players, has sent shockwaves through global financial markets. Recent U.S.-Israeli airstrikes on Iranian targets, which resulted in the death of Iran’s Supreme Leader Ayatollah… Read More

Remitly Shuts Down Israeli R&D Center, Laying Off 110 Employees Amid Broader Industry Challenges

In a significant restructuring move announced recently, Remitly (NASDAQ: RELY), an international money transfer service provider, has announced the closure of its research and development facility in Israel, resulting in the elimination of approximately 110 positions. This decision comes roughly three years following the company’s… Read More

SEC Chairman Paul Atkins: Israel has punched far above its weight in ways that defy easy explanation”

SEC Chairman Paul Atkins recently addressed the Tel Aviv Stock Exchange, lauding the country’s unique innovation ecosystem. Israel has the nickname “Innovation Nation” due to the number of early-stage, venture-backed firms and the technology and products that become commercialized. Small in size in land mass, resources, and… Read More

Tasq AI, BLEND Merge

  BLEND and Tasq AI have announced a business combination. Specific details on the agreement were not revealed. Founded in 2019, Tasq AI created the “Data Refinery” approach to AI training. The tech claims to help AI models train up to 10x faster than other… Read More

Papaya Global Explores Potential Sale at Up to $4.5 Billion Valuation Amid Enterprise Expansion Efforts

Israeli Fintech unicorn Papaya Global is reportedly engaged in late-stage discussions for a possible acquisition, with sources estimating a company value ranging from $3.5 billion to $4.5 billion. The news, first reported by Israeli media outlet Calcalist, highlights the company’s performance in the global payroll… Read More

Blackstone, Phoenix Financial Unveil New Partnership

Phoenix Financial (TASE: PHOE), an Israel-based asset management and insurance company, and Blackstone (NYSE: BX), the world’s alternative asset manager, announced a strategic partnership. Under the agreement, Phoenix and Blackstone will collaborate across a range of credit strategies, including corporate, real estate and asset-based credit…. Read More

Europe’s AML System to be Challenged as AI Adoption Inevitable: Report

ThetaRay, a firm providing Cognitive AI financial crime compliance, has released a study on the future of anti-money laundering (AML) in Europe. The study warns that Europe’s anti-money laundering system is approaching structural failure, and that financial institutions will be unable to meet upcoming supervisory… Read More

eToro Introduces Cash ISA Solution for UK Investors

eToro (NASDAQ: ETOR), the trading and investing platform, has expanded its partnership with Moneyfarm to launch a market-leading Cash ISA offering for UK customers.  Until 31 December of this year, eligible eToro UK clients will be able to open a Cash ISA powered by Moneyfarm… Read More

eToro Stock Surges Over 8% Following Solid Q3 2025 Results

eToro Group Ltd. (NASDAQ: ETOR), the trading and investing platform, today announced financial results for the third quarter ended Sept 30, 2025. The update seems to have been received well as the company’s stock surged over 8% and was trading at around $41.56 at the… Read More

Fireblocks Announces Acquisition of Dynamic, Expanding Services to Consumer Wallet Infrastructure

Blockchain infrastructure provider Fireblocks has announced the acquisition of US-headquareted Dynamic, a digital wallet development platform that is reportedly backed by Andreessen Horowitz (a16z) as well as Founders Fund. The acquisition is said to valued at around $90 million. The update marks Fireblocks’ initial move… Read More

OurCrowd Transitions as Founding CEO Jon Medved Moves to Chairman Role

Jon Medved, the founding CEO of OurCrowd and iconic trailblazer in the securities crowdfunding sector, has announced he will step down from his leadership role and migrate over to Chairman on the Israeli firm. Medved was recently diagnosed with ALS, also known as Lou Gherig’s… Read More

AI Firm BondIT Sues JP Morgan for Theft of Tech

BondIT has taken the extraordinary step of issuing a press statement announcing that they are suing JP Morgan (NYSE:JPM), alleging theft of its tech. JP Morgan is, of course, one of the largest and most respected banking firms in the world. BondIT is an Israeli Fintech in the fixed… Read More

Crypto.com Selected by ZOOZ Power to Support Bitcoin Treasury Strategy

ZOOZ Power Ltd. (Nasdaq and TASE: ZOOZ) has selected Crypto.com as its key partner to implement a digital asset treasury strategy. Announced on September 16, 2025, this collaboration positions ZOOZ Power as the first dual-listed company on Nasdaq and the Tel Aviv Stock Exchange (TASE)… Read More

Retail Investor Confidence in US Economy Soars Despite Tariffs and Labor Market Weakness : eToro

Retail investors are displaying a remarkable resurgence of confidence in the US economy, according to the latest quarterly Retail Investor Beat survey from eToro, a trading and investing platform. Conducted earlier this year, the survey of 10,000 retail investors across 12 countries reveals a significant… Read More

Kraken Announces Acquisition of Israel based No-Code Trading Automation Firm Capitalise.ai

Digital assets platform Kraken has announced the acquisition of the assets and technology of Capitalise.ai, an Israel-based firm focused on no-code, natural-language trading automation. Founded in 2015, Capitalise.ai developed a “natural-language platform that transforms everyday text into executable trading strategies.” Its proprietary language model and… Read More

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