Tagged: israel

February 19, 2021 @ 11:07 am By Omar Faridi  |  

The IOTA Foundation has teamed up with Curv Custody in order to expand the IOTA Token Ecosystem. The IOTA developers noted that they’re pleased to confirm that the IOTA token will “soon be available” on Curv’s “industrial-grade” digital asset custody platform. With IOTA’s planned Chrysalis… Read More

February 19, 2021 @ 8:51 am By Omar Faridi  |  

BioCatch, a digital identity firm, has revealed that it has acquired a registered US patent for the method it uses to verify a user’s identity and for detecting fraud. According to BioCatch, the verification process is based on the manner in which the user holds… Read More

February 17, 2021 @ 1:21 pm By JD Alois  |  

Simetria has received a no-action letter from the Israel Securities Authority. Simetria says it will launch the first digital securities offering platform at some point in May 2021. Simetria added that it has also requested a permit that would allow it to settle digital securities… Read More

February 17, 2021 @ 8:35 am By Omar Faridi  |  

Israel-based Mirato, a company that has developed an AI-enhanced third-party risk management platform (TPRM) for financial services providers, has secured $9 million in capital. Mirato’s investment round was led by Grove Ventures along with contributions from Janvest Capital Partners (co-leader), American Express Ventures, iAngels and… Read More

February 16, 2021 @ 8:47 am By JD Alois  |  

Warburg Pincus LLC has invested $75 million into Personetics, an artificial intelligence (AI) firm providing proactive engagement for banks and other financial services firms. Terms of the investment were not disclosed. Personetics has created an AI software platform for global banks. The service is currently… Read More

February 15, 2021 @ 8:02 am By Omar Faridi  |  

The team at Fuse.io, a Tel Aviv based Fintech firm that aims to leverage (decentralized finance) DeFi infrastructure to create a platform for entrepreneurs that allows them to turn “communities into economies,” notes that Kyber Network Token’s (KNC) very first liquidity mining program was scheduled… Read More

February 4, 2021 @ 10:04 pm By Omar Faridi  |  

Israel-based Fintech firm PayKey has reportedly expanded its mobile keyboard system in order to allow bank clients to easily manage their investments and apply for loans from within any supported app. The PayKey team confirmed on February 2, 2021: “Today, we expanded our solution to… Read More

February 3, 2021 @ 11:28 am By Samantha Hurst  |  

  TenureX, an Israel-based fintech startup, announced on Wednesday it has kicked off its pre-seed financing round by accepting a $1 million investment from VentureIsrael. According to TenureX, VentureIsrael will be partnering with previous investors Plug and Play and Hack VC. Founded in 2020, TenureX… Read More

January 31, 2021 @ 9:21 pm By Samantha Hurst  |  

    Israel-based venture capital investment firm FinTLV recently announced it has closed its second $120 million global insurtech-fintech fund. According to FinTLV, the fund will focus primarily on global growth-stage insurtech and fintech companies “The Fund has recently made several substantial investments in leading… Read More

January 25, 2021 @ 9:37 am By JD Alois  |  

Melio, founded by CEO Matan Bar, CTO Ilan Atias, and COO Ziv Paz, has raised $110 million at a valuation of $1.3 billion. Melio allows businesses to digitally pay their invoices for free using a bank transfer or debit cards.  The funding round was led… Read More

January 13, 2021 @ 9:30 am By JD Alois  |  

OurCrowd is a leading venture marketplace where smaller (accredited) investors can participate in private securities offerings alongside really big investors. A recent example is where JumpCloud, an enterprise cloud service provider, raised $100 million in a Series E Round. OurCrowd’s name was alongside high profile… Read More

January 12, 2021 @ 10:42 pm By JD Alois  |  

Bahrain Fintech Bay (BFB) and the Fintech Association of Israel –Fintech Aviv (FTA) have agreed to collaborate on the development of Fintech in the region. Earlier this year, diplomatic relations between the two countries were normalized ushering a new era of cross-border innovation and partnership…. Read More

January 12, 2021 @ 8:23 am By JD Alois  |  

JumpCloud, an enterprise cloud service provider that has boomed during COVID, has raised a $100 million Series E funding round that was said to be oversubscribed. The round was led by Blackrock with additional investment from an affiliate of H.I.G. Growth Partners, OurCrowd, and participation… Read More

January 11, 2021 @ 9:05 pm By Omar Faridi  |  

The developers at Fuse.io, a Tel Aviv based Fintech firm that aims to leverage (decentralized finance) DeFi infrastructure to create a platform for entrepreneurs that allows them to turn “communities into economies,” have introduced FuseSwap’s new analytics section. The updated section features a user-friendly or… Read More

December 30, 2020 @ 10:45 am By JD Alois  |  

SolidBlock and INX Ltd. have announced plans to list SolidBlock’s real estate backed security tokens on the INX trading platform. INX is a digital asset trading platform, as well as a token issuer. SolidBlock, based in Tel Aviv and NYC, is a tokenization platform. According… Read More

December 28, 2020 @ 9:35 am By JD Alois  |  

Digital trading platform eToro may be queuing for an initial public offering (IPO) on Nasdaq according to a recent report. The Fintech is said to be chatting with Goldman Sachs to manage the IPO. Depending on where you are sitting, eToro enables trading in both… Read More

December 18, 2020 @ 1:53 pm By JD Alois  |  

SPACs are hot. We all know that. And now one of OurCrowd’s portfolio companies is going public via a $1.4 billion SPAC. Innoviz, a LiDar startup in the autonomous vehicle tech sector, saw the company acquired in a SPAC deal this past week. Omer Keilaf,… Read More

December 15, 2020 @ 11:59 pm By Omar Faridi  |  

Paul Bassat, co-founder and Partner at Square Peg Capital Pty., an established Australian VC firm, recently talked about the company’s local and international investments amid the COVID-19 pandemic. Bassat revealed that major Australian pension funds believe that the country’s first recession in around 30 years… Read More

December 13, 2020 @ 8:00 pm By Omar Faridi  |  

The COVID-19 pandemic reshaped consumer mentality and habits, especially as it relates to people’s financial needs. But it remains unclear what new habits born out of necessity are here to stay and what will vanish as the pandemic grinds to an eventual halt. We recently… Read More

December 8, 2020 @ 10:37 am By JD Alois  |  

Pagaya has expanded its consumer credit offering into auto loans, according to the Fintech. With a focus on fixed income and alternative credit, Pagaya is an asset management platform using machine learning and big data analytics to manage institutional money. Pagaya says that hundreds of… Read More