Tagged: israel

January 29, 2023 @ 11:47 pm By JD Alois  |  

Freightos (Nasdaq: CRGO), a global freight booking and payment platform, has listed its shares on the Nasdaq. Freightos is a long-time OurCrowd portfolio company and represents another exit for the global securities crowdfunding platform. Freightos went public as part of a SPAC deal sponsored by… Read More

January 19, 2023 @ 7:12 pm By Omar Faridi  |  

Forter, the Trust Platform for digital commerce, announced the acquisition of Immue, a bot detection company based in Tel Aviv, Israel. Forter’s first acquisition will “not only strengthen the company’s existing fraud management capabilities but add Immue’s domain-specific bot expertise.” Bots are used “by the… Read More

December 31, 2022 @ 3:27 pm By Omar Faridi  |  

Israel’s reserve bank recently issued a conditional license for the launch of the nation’s second virtual bank, which is being co-led by Nir Zuk, the American-Israeli founder of the cybersecurity company, Palo Alto Networks, Inc. As first reported by The Times of Israel, Bank of… Read More

December 6, 2022 @ 11:26 am By JD Alois  |  

Recently global investment platform OurCrowd announced that it had topped $2 billion in capital commitments on its platform. OurCrowd is based in Israel but caters to a global market of both investors and private firms in need of growth capital. When the milestone was announced,… Read More

December 3, 2022 @ 5:02 pm By Omar Faridi  |  

CyVers claims it is a leading provider of “proactive” Web3 Security for the centralized, decentralized finance and smart contract applications “via detection and interception of crypto attacks across blockchains.” The company has announced an $8 million investment round “led by Elron Ventures.” This funding is… Read More

December 1, 2022 @ 11:04 am By JD Alois  |  

Shield, an Israel-based Regtech, has raised $20 million in Series B funding. The round was led by Macquarie Capital and joined by UBS Next, and Mindset. Notably, global securities crowdfunding platform OurCrowd backed the funding round after participating in the Series A. Shield is a… Read More

November 28, 2022 @ 8:37 am By Alex Zeltcer  |  

There’s no doubt in the minds of financial organizations and anti-laundering regulators that Know Your Customer (KYC) verified accounts prevent fraudulent activity– and that’s exactly the problem. In the early 1990s, governments around the globe had a growing concern about preventing the increasingly connected banking… Read More

November 21, 2022 @ 8:29 am By Omar Faridi  |  

The Abu Dhabi Investment Office (ADIO) Innovation Program is partnering with Fintech company Liquidity Group, the “first” Israeli company “to join the AED 2 billion (USD 545 million) program.” The partnership will “support Liquidity Group’s establishment of an R&D center in Abu Dhabi to develop… Read More

November 19, 2022 @ 10:27 pm By Omar Faridi  |  

Checkout.com, the cloud-based payments service provider, unveils its expansion into Israel and a strengthening of its commitment to the region “with the launch of a research and development hub in Tel Aviv, Israel.” The launch of a new office in Israel is “a continuation of… Read More

November 16, 2022 @ 9:05 am By JD Alois  |  

In partnership with the Abu Dhabi Investment Office (ADIO), OurCrowd has announced the launch of a global artificial intelligence (AI) hub.  Based at Abu Dhabi Global Market (ADGM)  Hub71, the AI hub has been named Integrated Data Intelligence Ltd (IDI) and will develop easily adoptable… Read More

November 9, 2022 @ 10:08 pm By JD Alois  |  

OurCrowd Global Summit is the Largest Event of its Kind Global securities crowdfunding platform OurCrowd is bringing back its annual Global Investor Summit after a COVID-induced hiatus. At the same time, OurCrowd has announced that it has topped $2 billion in capital commitments keeping it… Read More

November 4, 2022 @ 9:34 am By JD Alois  |  

Simetria Trading Solutions and Finhaven Technology, operator of FinhavenTM Private Markets, have announced a new liquidity partnership, according to a company statement. Simetria is an Israel-based Fintech utilizing blockchain technology to boost efficiency for secondary trading. Simetria is the only Fintech in Israel to have… Read More

October 23, 2022 @ 7:29 pm By JD Alois  |  

Like many other markets around the world, the hot tech sector in Israel is not as hot as it was last year. According to LeumiTech’s periodic report, in the first nine months of 2022, Israeli Tech companies raised $12.3 billion or 30% less than in… Read More

October 21, 2022 @ 11:03 am By JD Alois  |  

Global investment crowdfunding platform OurCrowd has partnered with India-based JITO Angel Network (JAN). According to multiple reports, the deal is for OurCrowd to provide access to investment opportunities for JITO’s members. OurCrowd is one of the largest digital VC platforms in the world that provides… Read More

October 12, 2022 @ 8:11 am By Omar Faridi  |  

MarketFinance, which claims to be one of the leading fintech credit and payments companies, has secured a £30 million credit facility from Viola, the Israeli technology investment group, in order “to expand its B2B Pay Later embedded finance offering for SMEs.” Available in Sterling, US… Read More

October 2, 2022 @ 11:56 pm By Omar Faridi  |  

The Bank for International Settlements (BIS) and the central banks of Israel, Norway and Sweden are launching Project Icebreaker, a joint exploration of how central bank digital currencies (CBDCs) can be “used for international retail and remittance payments.” Cross-border payments “continue to be plagued by… Read More

September 27, 2022 @ 2:48 pm By Omar Faridi  |  

Classiq, which claims to be the leader in quantum computing software, announced another significant expansion of its series B round to $49M by Canadian-Israeli VC Awz Ventures, from “an initial closing of $36M by strategic investors—in the largest quantum software round to date.” Awz Ventures… Read More

September 19, 2022 @ 12:14 pm By JD Alois  |  

OurCrowd, a global online investment platform, has announced the launch of a Global Health Equity Fund (GHEF) in partnership with the WHO Foundation. According to OurCrowd, the GHEF is a $200 million impact venture capital investment fund, focusing on breakthrough technology solutions that can impact healthcare… Read More

September 19, 2022 @ 11:32 am By JD Alois  |  

Global securities crowdfunding platform OurCrowd has distributed an email reporting $62 million in investment in a single week. The reference is to portfolio companies that individual investors have access to by investing online. OurCrowd is based in Israel and thus has access to the hot… Read More

September 5, 2022 @ 11:36 am By JD Alois  |  

Raftt, has raised a seed round of $5 Million. The funding was led by Aleph VC and Cardumen Capital. Raftt shared that a number of private investors participated in the round, including Ariel Maislos and Benny Schneider, Devtools angel investors; Adi Sharabani, founder of Skycure… Read More