Tagged: israel

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

August 29, 2022 @ 10:40 pm By Omar Faridi  |  

Cyberstarts, a venture capital firm focused on building next generation cyber companies, announced the closing of Cyberstarts Seed Fund III “with $60 million committed capital to invest in early stage cybersecurity companies.” This fund was “raised only a few months after the firm raised $200… Read More

August 29, 2022 @ 8:00 am By JD Alois  |  

Mermade Seafoods , an Israel based Foodtech startup, has raised $3.3 million in an oversubscribed Seed funding round. Investment marketplace OurCrowd participated in the funding along with Fall Line, Sake Bosch and others. Mermade was founded in July 2021 by CEO Daniel Einhorn, CTO Dr…. Read More

August 24, 2022 @ 11:07 am By JD Alois  |  

SaNOtize has raised $24 million in Series B funding in a rojnd led by global investment crowdfunding platform OurCrowd and Horizons Ventures. The Agricultural Bank of China International also participated in the funding round. OurCrowd enables accredited investors to gain access to unique venture capital… Read More

August 22, 2022 @ 1:07 am By Omar Faridi  |  

Vyzer, an Israeli-based Fintech consumer-focused startup, joined forces with Salt Edge, a key player in offering open banking solutions, “to enable high net worth investors to instantly connect and sync their European bank accounts, offering a comprehensive analysis of investment performance and fully digital cashflow… Read More

August 18, 2022 @ 7:19 pm By Omar Faridi  |  

Remitly Global, Inc., (NASDAQ: RELY), a global digital financial services provider for immigrants and their families, announced that it has signed a definitive agreement to acquire Rewire, an Israeli-based financial services platform for migrant workers. Under the terms of the agreement, Remitly will “acquire Rewire… Read More

August 18, 2022 @ 11:03 am By JD Alois  |  

dWallet Labs has raised a $5 million seed round led by Digital Currency Group and Node Capital, according to a company statement. Other investors include; Amplify Partners, Lightshift Capital, Liquid2 Ventures, Collider Ventures, Lemnsicap, Heroic Ventures, Impatient Ventures, Zero Knowledge, Dispersion Capital, Token Bay Capital,… Read More

August 12, 2022 @ 11:48 am By JD Alois  |  

OurCrowd, a leading global investment crowdfunding platform, has launched a new Foodtech fund – joining its portfolio of other funds available for smaller investors. According to the offering page, the OurCrowd FoodTech Fund (OC FoodTech) is seeking a raise of $30 million that will enable… Read More

July 21, 2022 @ 6:55 pm By Omar Faridi  |  

Global analytics software provider FICO (NYSE: FICO) announced a partnership agreement with Israel’s Open-Finance.ai, a risk, finance and compliance software enabler of open banking and finance services and consulting firm headquartered in Tel Aviv. Through this agreement, Open-Finance.ai will “integrate the FICO® Blaze Advisor® decision… Read More

July 6, 2022 @ 2:39 pm By JD Alois  |  

eToro, a modern spin on investing and trading that merges both digital assets and traditional securities, has axed its SPAC deal, according to a statement issued by the company. At the same time, Calculistech is reporting that their headcount is being slashed by 100 employees… Read More

June 27, 2022 @ 12:58 am By Omar Faridi  |  

Splitit (ASX: SPT) and Everyware, a contactless payments and customer engagement solutions company, have agreed to a partnership “to bring Splitit’s Installments-as-a-Service platform to Everyware’s Pay By Text platform eliminating consumer friction for mobile installments.” Everyware will integrate Splitit’s Installments-as-a-Service into its platforms “to deliver… Read More

June 20, 2022 @ 10:43 am By JD Alois  |  

OurCrowd, a leading global securities crowdfunding platform, has partnered with the Singapore Economic Development Board (EDB) in the Global Innovation Alliance (GIA) program, according to a statement issued by OurCrowd. The goal is to boost international collaboration between the two countries to increase investment as… Read More

June 16, 2022 @ 7:59 am By Omar Faridi  |  

Rewire, a digital wallet designed for economic migrants, has made its very first acquisition, picking up Imagen, a pre-paid card service provider intended for migrants in Israel. Financial terms were not shared publicly. Imagen operates over 30,000 active pre-paid MasterCards that are connected to the… Read More

June 12, 2022 @ 8:59 pm By Omar Faridi  |  

Stanchion Payment Solutions has completed HSM migration for one of Israel’s top three banking institutions. The bank has reportedly “migrated from ARX hardware security modules (HSMs) to Futurex HSMs.” HSMs power the bank’s secure payments environments “such as managing the cryptographic key exchange for the… Read More

May 28, 2022 @ 1:56 pm By Omar Faridi  |  

Israeli blockchain firm StarkWare, which offers a cryptographic compression service, has managed to quadruple its latest valuation during just the past six months. Starkware confirmed that it finalized a $100 million Series D round that had been led by Greenoaks Capital as well as Coatue,… Read More

May 20, 2022 @ 3:23 pm By JD Alois  |  

Max Credit Cards and Bits of Gold have partnered to launch a Visa card in Israel called MaxBack Crypto. The new card is said to be the first crypto cashback card in Israel, designed to allow users to accumulate Bitcoin while they use the card…. Read More

May 16, 2022 @ 6:32 am By Omar Faridi  |  

$156 trillion will cross international borders in 2022, with cross-border transactions “worth up to 41% more than local ones.” Businesses have the need “to enter new markets, automate payment flows, connect multiple payment providers, and generate data-driven insights.” BridgerPay allows any business “to connect their… Read More

May 8, 2022 @ 11:26 pm By Omar Faridi  |  

Hetz Ventures, one of Israel’s seed-stage venture capital funds, recently announced the closing of its third fund of $123 million. The new fund, Hetz III, brings the firm’s total assets under management to nearly $300 million, and like its previous fund, “was heavily oversubscribed.” Hetz… Read More

May 5, 2022 @ 10:53 am By JD Alois  |  

COVID, war, inflation, rising interest rates … the global economy is being hammered from multiple directions right now. After years of calm sailing, a global pandemic marked a dramatic change in markets that have endured a growing list of geopolitical and economic challenges. Like all… Read More

May 2, 2022 @ 12:23 am By Omar Faridi  |  

Radiflow, an Israeli OT cybersecurity startup, announced that it is being acquired in “a two-phase process by Sabanci Group, market leaders in the financial services, energy, and industrial sectors.” As mentioned in an update shared with CI, the initial phase entails “a $45 million primary… Read More