Tagged: israel

January 27, 2020 @ 12:39 pm By Omar Faridi  |  

A newly launched Israeli virtual bank founded by experienced tech professionals Amnon Shashua and Marius Nacht will begin offering banking services to clients at some point next year, according to an update posted by the financial institution on January 27. As of this report, no… Read More

January 27, 2020 @ 7:04 am By Samantha Hurst  |  

UK-based fintech Finastra announced on Monday it has expanded its services by opening a new office in Kfar Saba, just outside Tel Aviv. The company reported that the location will have more than 330 employees and offer more space for the team to grow as the company… Read More

January 24, 2020 @ 12:51 pm By Omar Faridi  |  

New Jersey-based NICE Actimize, a subsidiary of Israel-headquartered NICE Ltd, recently confirmed that CipherTrace, a leading provider of digital currency intelligence and blockchain security, has joined the X-Sight Marketplace – which is an established platform for combating financial crime and ensuring compliance. The X-Sight Marketplace… Read More

January 21, 2020 @ 12:58 pm By JD Alois  |  

OurCrowd, the leading global investment crowdfunding platform and Israel’s leading venture investor, is out with a note on some of its exits in advance of the OurCrowd Global Investor Summit taking place in February, Israel’s largest tech conference and the largest equity crowdfunding event in… Read More

January 17, 2020 @ 11:54 am By JD Alois  |  

Israel is a country well-known for its innovation-driven economy. As the saying goes, in Israel you are either an entrepreneur or an investor. Spend a few days there and you will see what I mean. While the factors that have fostered a start-up boom are… Read More

January 7, 2020 @ 9:29 pm By Omar Faridi  |  

Tel Aviv-headquartered Axell, a Fintech and insurance technology (Insurtech) innovation hub, revealed that it officially launched on January 6, 2020. The Israeli tech innovation hub will reportedly be led by Moshe Tamir, former deputy CEO at Tel Aviv-listed insurance firm Migdal Insurance and Financial Holdings,… Read More

January 7, 2020 @ 8:24 am By JD Alois  |  

Michael Redd, a former NBA star and Olympic gold medalist, has joined the OurCrowd backed ADvantage Sports Tech Fund. According to OurCrowd, Redd is an active venture investor having supported more than 85 companies. Redd will now focus on innovative opportunities shaping the future of… Read More

January 5, 2020 @ 1:48 pm By JD Alois  |  

Jon Medved, OurCrowd founder and CEO, has joined an illustrious group of leaders being recognized as one of 17 individuals who helped to define the last decade. OurCrowd is the largest investment crowdfunding platform in the world having raised over $1 billion since platform launch… Read More

January 5, 2020 @ 12:18 pm By Omar Faridi  |  

The number of Israel-based blockchain and crypto-focused startups increased by 32% last year, a December 30 report from the Israeli Bitcoin Association confirmed. The report noted that there were 150 active blockchain firms in the country in 2019. Toward the end of 2018, there were… Read More

December 23, 2019 @ 2:33 pm By JD Alois  |  

Leading global investment crowdfunding platform OurCrowd has received the tender to operate a medical cannabis incubator. OurCrowd is part of a consortium that won the tender including Perrigo, a non-prescription drug company, and BOL Pharma, a medical cannabis company in Israel and an OurCrowd portfolio… Read More

December 18, 2019 @ 9:09 am By JD Alois  |  

Pagaya, an artificial intelligence (AI) powered investment manager, has closed on its 5th capital markets transaction this year for a $200 million asset-backed security. Pagaya reports that it now has $1.2 billion in assets under management (AUM) having risen a solid 300% this year. Pagaya’s… Read More

December 17, 2019 @ 10:27 am By JD Alois  |  

OurCrowd, the largest investment crowdfunding platform in the world, has published a release indicating it expects over 20,000 registrations for its forthcoming global summit taking place in Israel in early 2020. In years past, the OurCrowd Global Summit has emerged as the biggest event of… Read More

December 16, 2019 @ 10:57 am By JD Alois  |  

OurCrowd, as part of an international consortium, has won a tender to operate a startup incubator in New Zealand. The consortium of companies that participated in the bid includes Finistere Ventures, New Zealand’s food giant Fonterra and animal management leader Gallagher. The consortium was selected… Read More

December 4, 2019 @ 12:34 pm By JD Alois  |  

We all know the story of Elizabeth Holmes and the demise of Theranos, a company that claimed to have created a device that could provide fast and efficient blood tests. Theranos ended being a company based on hubris, imagination, and vapor. It eventually collapsed being… Read More

November 27, 2019 @ 9:38 pm By Omar Faridi  |  

The company behind an Estonia-headquartered, Nasdaq-powered digital currency exchange DX.Exchange is reportedly halting its operations, after a petition submitted by its workers. CX Technologies, the Israeli firm that had been managing DX.Exchange’s operations, entered bankruptcy after 78 employees filed a petition against the exchange with… Read More

November 27, 2019 @ 2:37 pm By JD Alois  |  

Tarya Fintech, a “financial platform as a service (F-PaaS), has launched its services internationally, according to a release from the company. According to its website, Tarya is part of the Tarya Holding Group, an international company operating an alternative investment platform in Israel, with two… Read More

November 23, 2019 @ 1:53 am By Omar Faridi  |  

nsKnox, an established provider of cybersecurity protection for business payment technology, revealed on November 21 that it has teamed up with Big Four auditing firm KPMG. According to a release, KPMG’s Israel division will serve as the global distributor and service provider of, KPMG Secure… Read More

October 30, 2019 @ 11:37 am By JD Alois  |  

Previously doing business as Lending Express, “Become” has closed on  a$10 million Series A investment round led by Benson Oak Ventures and Magenta Venture, supported by RIO Ventures Holdings, iAngels, and Entrée Capital. The company has also secured an additional $2.5 million in venture debt… Read More

October 29, 2019 @ 11:34 am By JD Alois  |  

Israeli high tech firms are having a gangbuster year when it comes to raising capital. According to a report published by IVC Research Center and ZAG S&W Zysman, Aharoni, Gayer & Co, during Q3 these firms raised a record $2.24 billion for 142 different deals…. Read More

October 23, 2019 @ 12:36 pm By JD Alois  |  

Global investment crowdfunding platform and Israel’s leading venture investor OurCrowd has partnered with the Toyota Tsusho Corporation (Toyota Tsusho), a member of the Toyota Group, which comprises of 17 companies including Toyota Motor. The new partnership will launch a new business that will act as… Read More