Tagged: israel

August 20, 2021 @ 12:23 pm By JD Alois  |  

OurCrowd is not only a platform for single investments but a diverse range of funds thus providing investors with immediate portfolio diversification. Two of these funds in which OurCrowd is participating have revealed exits that should be beneficial to investors. OurCrowd points to an article… Read More

August 17, 2021 @ 8:50 am By JD Alois  |  

Brex, a Fintech providing solutions for both big and small businesses, has acquired Weav, an Israel-based API platform for commerce sites. Brex has purchased Weav for $50 million, according to the company. The purchase is expected to help Brex expand its services globally by establishing… Read More

August 12, 2021 @ 8:15 am By Omar Faridi  |  

The team at Tel Aviv-based Shield, an established Regtech firm, reveals that they’re introducing their powerful Alert Transparency capabilities, bringing “unmatched” understanding to compliance alerts and triggers via AI, Natural Language Processing (NLP), and various other backend technologies. As regulatory authorities throughout the world aim… Read More

August 8, 2021 @ 7:00 pm By Omar Faridi  |  

We recently connected with Yair Benyamini, CEO and Co-Founder of Lendai. Founded during the COVID-19 crisis, the disruptive digital-first lender allows foreign and non-resident investors to buy US properties through an online mortgage approval process that takes around one week. According to Lendai, this is… Read More

August 5, 2021 @ 11:52 am By JD Alois  |  

  Leading online investment platform OurCrowd has signed a memorandum of understanding with the Azerbaijan Investment Company (AIC) – the government’s investment arm. The agreement makes OurCrowd the first Israeli business to sign an agreement with Azerbaijan since the country opened its Trade and Tourism… Read More

August 4, 2021 @ 9:00 am By JD Alois  |  

Localize has closed on a $25 million Series C funding round, according to a note from the Proptech firm. The funding round was led by Pitango Growth with Mizrahi-Tefahot and existing investors joining in. As part of the funding round Pitango co-founder and Managing Partners,… Read More

July 28, 2021 @ 10:33 am By JD Alois  |  

Buy Now, Pay Later (BNPL) Fintech Behalf, has raised $19 million in new venture financing alongside a debt facility that is said to bring the total to $100+ million. Existing investors led the funding including MissionOG, Viola Growth, Viola Credit and Vintage Investment Partners. New… Read More

July 27, 2021 @ 8:15 am By JD Alois  |  

iAngels has announced its first institutional fund raising $55.5 million. iAngels received the backing of the European Investment Fund (EIF), part of the European Investment Bank group. EIF’s mission is to support Europe’s micro, small and medium-sized businesses (SMEs) by helping them to access finance…. Read More

July 14, 2021 @ 12:31 am By Tony Zerucha  |  

Following a brief pandemic-induced decline, Israel’s card payment market is set to resume its growth trajectory, a new report from GlobalData finds. Israel’s government actively promotes electronic payments through legislation such as a cap on cash transactions and reduced interchange fees. “Robust e-commerce growth, and… Read More

July 13, 2021 @ 9:36 am By JD Alois  |  

OurCrowd, a global online investment platform catering to both individual and institutional investors, streamed a session today that discussed the Top 10 Post-Pandemic Tech Trends that believes are impacting markets. The session was modeled after a popular segment of OurCrowd’s annual Investor Summit held in… Read More

July 12, 2021 @ 3:39 pm By JD Alois  |  

Kirobo has distributed an update saying it has now processed $1 billion worth of crypto while saving users $6 million, in 200 transactions, that would otherwise been lost forever. Kirobo has created a crypto tool called the “Undo Button” that allows users to recoup a… Read More

July 8, 2021 @ 10:03 am By Omar Faridi  |  

Israel’s National Bureau for Counter Terror Financing (NBCTF) has shared information on the “seizure” of virtual currency held by several different crypto wallets that are believed to be associated with donation campaigns “carried out by Hamas.” As noted in a report from Chainalysis, the seizure… Read More

July 6, 2021 @ 7:29 pm By Tony Zerucha  |  

Israel’s thriving high-tech ecosystem needs a recalibration if it is to continue as a global hotspot, OurCrowd CEO Jon Medved said in an article published on LinkedIn today. At first glance, things look good given the record $10.5 billion in investment the sector attracted in… Read More

June 28, 2021 @ 7:48 am By Priyanka Pani  |  

AI-based auto finance platform Lendbuzz has raised a total $360 million investment in part debt and equity. The US-based fintech started by two Israeli entrepreneurs –Amitay Kalmar and Dan Raviv, has raised $60 million in Series C equity financing led by Wellington Management, Goldman Sachs… Read More

June 24, 2021 @ 2:49 pm By JD Alois  |  

Sorbet has announced a $21 million seed round – said to be the largest seed round ever for a Fintech in Israel. Sorbet said that funding of $6 million was announced in April and the round was subsequently extended garnering the additional $15 million. Simultaneously,… Read More

June 20, 2021 @ 5:24 pm By JD Alois  |  

Israel-based nSure.ai has raised a $6.8 million Seed round led by DisruptiveAI, Phoenix Insurance, Kamet (an AXA backed VC), Moneta Seeds and other individual investors. nSure.ai is a “predictive AI fraud protection company” that services digital goods such as gift cards, prepaid debit cards, software… Read More

June 15, 2021 @ 8:23 am By JD Alois  |  

INX Limited, a digital platform that provides trading for crypto and digital securities, has acquired ILS Brokers Ltd (ILSB) based in Israel. According to a company release, ILSB is an interdealer-broker with over 50 tier-1 and tier-2 global bank relationships focusing on OTC trading of… Read More

June 14, 2021 @ 3:24 pm By Priyanka Pani  |  

Founder-first VC Meron Capital on Monday announced the close of its $50 million second fund Meron II.  The second fund will invest in 18-20 early-stage deep-technology software startups led by Israeli entrepreneurs. According to a note from the company, the fund will focus on startups… Read More

June 10, 2021 @ 9:19 am By JD Alois  |  

OurCrowd portfolio company MigVax Ltd., a startup developing an oral subunit vaccine against COVID-19, has announced promising results from preclinical tests that demonstrated the effectiveness of its MigVax-101 booster for previously vaccinated persons. According to a note distributed by the company, tests carried out on… Read More

June 9, 2021 @ 11:20 am By Omar Faridi  |  

During the past year, Latvia and Israel have experienced a significant surge in Fintech interest, according to a recent analysis published by the Fintech News Network. Google Trends data for the period between April 2020 and April 2021 reveals that online search queries for Fintech… Read More