Tagged: israel

Air EV Has 400 Pre-Orders for Personal Aircraft, Raises Money on OurCrowd

Air EV says it has more than 400 pre-orders for its flagship personal aircraft, “eVTOL”  or electric vertical takeoff and landing vehicle. The company is currently raising growth capital on OurCrowd, an online investment platform. Air EV says the Air One eVTOL aircraft plans to… Read More

Ballerine Raises $5 Million Seed Round for Open Source Risk Decisioning Platform

Ballerine, described as a “first of its kind” open source risk decisioning Fintech, has raised $5 million in seed funding led by Team8, with participation from Y Combinator, Vera Equity, and investors from Brex, Trulioo, Venmo, Melio and Coinbase. Ballerine offers a platform that integrates… Read More

Fintech Airwallex Launches Operations in Israel, Aims to Expand Services Across Middle East

Airwallex, a global payments and financial platform for modern businesses, announced its official launch in Israel to fuel future expansion across the region, including the appointment of Or Liban as Airwallex’s Head of Israel and the Middle East. This expansion comes at “a pivotal moment… Read More

Digital Bank ONE ZERO Chooses ViewTrade to Power Securities

ViewTrade, a FINRA-regulated broker-dealer, has been selected by ONE ZERO, a digital bank, to provide securities trading. ONE ZER, based in Israel, is leveraging ViewTrade’s API and FIX connection to power trading on its platform. Account holders in Israel may now access US markets trading… Read More

Fintech Brex Introduces Capabilities that Expand Firm’s Ability to Support US Multinational Businesses

Brex announced new global capabilities that significantly expand its ability to support US multinational businesses operating in Brazil, Canada, Israel, Japan, Mexico, Singapore, South Africa, the Philippines, 36 European countries, and more. In addition to spending and paying in local currencies, Brex is “launching VAT… Read More

Vesey Ventures Launches Fund to Help Startups Enter Financial Sector, Accelerate Growth

Vesey Ventures, an early stage venture firm that invests in companies transforming financial services, announced the close of its debut fund totaling $78 million. Vesey Ventures was “founded by three former Managing Directors at AMEX Ventures, Dana Eli-Lorch, Lindsay Fitzgerald and Julia Huang, and will… Read More

eToro Works with Twitter on $Cashtags

Twitter and eToro have partnered up on financial content. eToro is an investing platform that operates in various markets around the world, providing access to both traditional and alternative access. Twitter is, well, Twitter – the social media best known for its immediacy of information… Read More

OurCrowd Signs Agreement to Partner with Government of Uruguay on Tech Incubator

OurCrowd, one of the largest digital marketplaces providing access to capital for private firms as well as investment opportunity for smaller investors, has signed a Memorandum of Understanding (MoU) with the government of Uruguay. Under the agreement, OurCrowd will partner with the Ministry of Industry,… Read More

eToro Provides Limited Insight into 2022 Performance

eToro, a “social investing” platform that provides access to both crypto and more traditional securities, has published information on performance during 2022. Not too long ago, eToro raised $250 million at a $3.5 billion valuation. The funding was an “Advance Investment Agreement” (AIA) which eToro… Read More

Mars Growth Capital, Liquidity Group Enter the Nordics with Investment in Sweden’s Kognity

Mars Growth Capital, a joint venture between MUFG and Liquidity Group, announced their first Nordic deal, with a $5 million funding in Kognity, an edtech company headquartered in Sweden. Kognity offers a digital teaching and learning platform “used by more than 140,000 students in 1,300… Read More

OurCrowd Offers Access to Private Equity Fund

Private equity firm NewVest has partnered with global securities crowdfunding platform OurCrowd. Noting that private equity has “outperformed other investment markets over the past 20 years” yet remains elusive for smaller investors, OurCrowd touted its new offering for its investors. The NewVest Private Equity 50… Read More

Ofir Shabtai: CTO of Shield Reveals Why Banks are Moving Towards Cloud Adoption

We recently caught up with Ofir Shabtai, CTO of Shield, an Israel-based Regtech firm. Banks are crawling toward hybrid cloud solutions. Given this key trend, Ofir Shabtai from Shield talked abut how to balance the modern need for the cloud with the security of on-premise… Read More

Oren Barzilai: CEO at EquityBee Comments on Employee Sentiments Towards Stock Options at Startups

We recently connected with Oren Barzilai, CEO at EquityBee, the startup employees’ stock options funding solution. Oren Barzilai from EquityBee talked about what led to them compiling their latest report on startups. Barzilai also discussed how common stock options have become at startups. In addition… Read More

Liquidity Group Plans $3B Emergency Loans to Help Firms Affected by SVB Collapse

Global asset manager and tech lender Liquidity Group is reportedly planning “to offer about $3 billion in emergency loans to start-up clients hit by the collapse of Silicon Valley Bank.” Liquidity has “about $1.2 billion ready in cash to make available in the coming weeks,”… Read More

Israel-based Fintech Liquidity Group to Support Gulf Startups with $500M

Liquidity Group, an Israel-based fintech and asset manager, is looking to provide $500 million this year “to support startups in the UAE and across the Middle East.” The company reached unicorn status last month, “with fresh investment of $40 million from Japan’s MUFG at a… Read More

Insurtech Assured Allies Raises $42.5 Million Series B

Assured Allies has raised $42.5 million in Series B funding, according to a statement by the Insurtech. The funding round was co-led by FinTLV Ventures and existing investor Harel Insurance. Additional investors included Lumir Ventures, Funds managed by Hamilton Lane (NASDAQ: HLNE), New Era Capital… Read More

ADGM-based Israeli Fintech Liquidity Group Introduces Global Initiative in Abu Dhabi

Liquidity Group, a pioneering financial technology firm and asset manager that uses patented machine learning and decision science to provide capital to high-growth technology companies, has announced the launch of its global ‘Twenty Chairs’ series. The series will bring together leading industry players “to network… Read More

Bank of Israel Issues New Framework, Providing Access to Regulated Payment Systems

The Bank of Israel has issued a framework providing international payment service providers access to regulated payment systems in Israel. Effective immediately, this framework “enables such entities to provide services to the public in Israel, relying on a license issued in a foreign country.” The… Read More

Fireblocks Cuts 5% of Staff: Report

Fireblocks, a digital asset custody platform, is slashing its headcount by 5%, according to a report. Fireblocks joins a growing list of Fintechs that have looked to cut costs in a challenging macroeconomic environment. Fireblocks is a young provider in the digital asset sector that… Read More

Blockchain Security Platform Ironblocks Completes $7M Fundraise

Ironblocks, the “first-ever” blockchain-native cybersecurity platform, announced today that it has raised $7 million in seed funding. This investment round is “co-led by Collider Ventures and Disruptive AI, with additional participants including ParaFi; Quantstamp; Samsung Next; Balaji Srinivasan, ex-CTO of Coinbase and former general partner… Read More

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