Tagged: tel aviv

Japanese Insurance Firm Sompo Opens Fintech Hub in Israel

Property-and-casualty insurer Sompo Holdings Inc (8630.T) announced on Monday it has opened its fintech hub in Israel and claimed to be the first Japanese insurer to do so in a country. The company reportedly hopes to tap local expertise in digital and cyber-security technologies. According to Reuters, new… Read More

Nearly 50K Users Strong, Blockchain-Powered Colu Introduces Local Pound Currency

Colu, a blockchain-powered platform for creating digitized, localized currencies, launched its second currency in the UK – the Local Pound, East London. Founded in 2014, Colu’s digital wallet application supports buying local, offering an easy and convenient way to pay instantly from a smartphone while empowering… Read More

Singapore vs. London: Who Wins the Fintech Title?

According to the Association of Chartered Certified Accountants (ACCA), Singapore is not far from surpassing London to claim the title of top fintech hub of the world.  The ACCA’s September report noted that the world should “keep an eye on Asia” as red tape and Brexit weigh on… Read More

Chinese VC Firm Pando Group Invests $2M In Israeli Fintech Hub ‘The Floor’

Israel’s fintech scene is a can’t-miss these days. As a recent example, Chinese venture capital firm Pando Group has invested US$2 million (HK$15.53 million) in Israeli financial technology (fintech) hub The Floor in Tel Aviv, notes the South China Morning Post. The funds support the creation of… Read More

Angel Health Sensor Indiegogo Campaign For Wearable Health Sensor Ends At $334,521

In September we reported on the Angel Health Sensor after the Tel Aviv-based Seraphim Sense raised $20,000 in a day on Indiegogo. The campaign has closed on Indiegogo, having raised $324, 521 on a goal of just $100,000. Angel is different in that it tracks… Read More