Tagged: tel aviv

Tel Aviv Stock Exchange Partners with Fireblocks to Provide Infrastructure for Digital Asset Products

The Tel Aviv Stock Exchange has signed a strategic agreement with Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on the blockchain. This strategic partnership empowers TASE “to offer a comprehensive range of innovative and secure digital asset products and… Read More

Fintech Airwallex Launches Operations in Israel, Aims to Expand Services Across Middle East

Airwallex, a global payments and financial platform for modern businesses, announced its official launch in Israel to fuel future expansion across the region, including the appointment of Or Liban as Airwallex’s Head of Israel and the Middle East. This expansion comes at “a pivotal moment… Read More

Blockchain Security Platform Ironblocks Completes $7M Fundraise

Ironblocks, the “first-ever” blockchain-native cybersecurity platform, announced today that it has raised $7 million in seed funding. This investment round is “co-led by Collider Ventures and Disruptive AI, with additional participants including ParaFi; Quantstamp; Samsung Next; Balaji Srinivasan, ex-CTO of Coinbase and former general partner… Read More

Forter, the Trust Platform for E-Commerce, Acquires Immue to Enhance Bot Detection Capabilities

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

CyVers Secures $8M Led by Elron Ventures to Bring Security to Web3 Economy

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

Checkout.com Expands to Israel, Launches Research and Development Hub

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

Quantum Computing Software Firm Classiq Expands Series B to $49M, Announces Japan, Europe Offices

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

Avelacom Updates Low Latency Network in Middle East, Turkey

Avelacom, the low latency connectivity, IT infrastructure and data solutions provider for financial markets, recently announced new optimized routes on its network to Istanbul (Bursa Istanbul), Riyadh (Saudi Stock Exchange, Tadawul) and Tel Aviv (Tel Aviv Stock Exchange, TASE). These routes should help with encouraging… Read More

FICO and Israel’s Open-Finance.ai to Streamline Decision-Making in Credit, Insurance

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

Stanchion Payment Solutions Completes HSM Migration for Major Bank in Israel

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

BridgerPay Introduces Self-Onboarding Payment Operations Platform

$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

Capitolis Prepares for Ongoing Growth with Key Appointments Across the Business

Capitolis, the tech company reimagining capital markets, recently announced that it has grown its employee base by 50% “versus the same period last year as the company continues growing and scaling the business to meet customer demands and ongoing opportunities to innovate.” The investment in… Read More

Quantum Computing: Classiq Joins Forces With NVIDIA to Accelerate the Path to “Quantum Advantage”

Classiq, which offers (what it claims to be) the leading platform for creating quantum software, recently announced a collaboration with NVIDIA (NASDAQ:NVDA) in order to bring large-scale quantum circuits to customers. Now, businesses and other organizations can “prepare for and explore the benefits of larger… Read More

Regtech Trulioo Expands Digital Identity Verification Services in EMEA Region

Trulioo announced that it now provides coverage in Greece and Israel via Trulioo GlobalGateway, the global identity verification platform. With GlobalGateway, organizations operating in these two nations may now “perform identity checks on consumers that support regional Know Your Customer (KYC) and Anti-Money Laundering (AML)… Read More

US-Israeli Supply Chain Fintech 8fig Raises Combined $50M in Series A to Provide Digital Commerce Sellers with Flexible Capital

US-Israeli supply chain Fintech platform, 8fig, recently finalized a $50 million Series A round. The company’s investment round has been joined by existing investors Battery Ventures and LocalGlobe, along with serial entrepreneur and co-founder of Nested and GoCardless’ Matt Robinson. As mentioned in the update,… Read More

Regtech Shield Partners with LeapXpert to Provide Real-Time Surveillance Across Encrypted Messaging Apps

Shield, the Workplace Intelligence platform for compliance teams, reveals that it has teamed up with LeapXpert, a provider of in front-office conversational solutions. LeapXpert’s Federated Messaging Orchestration Platform (FMOP) has been designed to support the real-time control, monitoring, and capture of conversations on mobile messaging… Read More

Israel’s Blumberg Capital Secures $225M to Invest in Early-Stage AI, Big Data, Cybersecurity, Fintech Ventures

Blumberg Capital revealed on Friday (September 18, 2021) that it has secured $225 million as part of its fifth fund, which focuses on making strategic investments into early-stage ventures. Blumberg was established around 30 years back by Jewish entrepreneur David Blumberg and has reportedly invested… Read More

Tel-Aviv Stock Exchange Releases for Public Discussion a Proposal for Lowering Cost of Real-Time Data

The Tel-Aviv Stock Exchange (TASE: TASE) has released for public discussion a proposal for a considerable reduction of the cost of real-time data to private investors. Around 2 years back, TASE made a notable move by improving the accessibility of trading data and supporting the… Read More

Tel Aviv based Regtech Shield Introduces Alert Transparency Capabilities by Leveraging AI, NLP

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

10 High-Potential Fintech Firms Chosen for 11th Annual Fintech Innovation Lab New York

Ten high-potential technology firms have reportedly been chosen for 11th Annual Fintech Innovation Lab New York. As noted in the announcement (published on April 7, 2021), Fintech solutions aim to leverage AI and advanced data analytics to “address key industry challenges including sustainability.” As mentioned… Read More

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