Fintech

20 stories about Fintech
Bridgewise founders גבריאל דיאמנט דור ו אור אליגולא מור חזן מייסדי חברת Bridgewise

Bridgewise nets $21 million Series A for AI-based analysis platform for global securities

16.04.24|Meir Orbach
The startup’s platform provides a suite of products that include detailed AI generated reports and on-demand analysis of any financial instrument or security
גיא ליבוביץ וגולן קופיצ'ינסקי, מייסדי נומינל

Nominal raises $9.2 million in Seed funding to modernize enterprise planning with GenAI

28.03.24|Meir Orbach
Nominal’s platform uses generative AI and cloud technology to bridge the gap between legacy ERP (enterprise resource planning) systems and standard spreadsheets for accounting and financial management in mid-market businesses
מגזין מנהלים 28.12.21 יאיר נחמד מנכל נאייקס

Nayax raises $55 million in public offering, completes $28 million acquisition of Brazil’s VMtecnologia

10.03.24|Golan Hazani
The Israeli fintech company is expanding in Latin American, with VMtecnologia serving over 2,400 retailers across all 27 states in Brazil and more than 466 cities
ועידת ניו יורק - לזלי גילין סמנכלית צמיחה Pagaya

“If AI models were adopted by all lenders nationwide in the US, we could witness an additional $330 billion in GDP annually”

05.03.24|Yuval Sadeh
“Pagaya's objective is to encourage the banking ecosystem to adopt more artificial intelligence," added Leslie Gillin, Chief Growth Officer at Pagaya
מנכ"ל מליו מתן בר וסמנכ"ל הטכנולוגיות אילן אטיאס

Fintech unicorn Melio laying off 7% of workforce

04.03.24|Meir Orbach
This is the second round of layoffs at the startup. The vast majority of the people being let go are based in Israel, with the company summoning about 40 employees from the local branch to a hearing on Monday
Ray Brash

Fintech beyond technology: The human factor in financial innovation

03.03.24|Ray Brash
"Embracing Fintech is not just about embracing technology; it's about understanding and integrating into the complex ecosystem of financial services," writes Ray Brash, CEO of Flyfish
פרויקט הסטארטאפים 2019 riskified עידו גל

Riskified laying off 6% of team as growth stutters

14.02.24|CTech
The fintech company is parting ways with over 40 employees, with CEO Eido Gal explaining that despite the company’s best efforts to grow its revenue while reducing spending, it requires a faster process to reach its EBITDA targets
הדר סיטרמן נוריס שותפה ב- Team8

There’s a silver lining to Israel's fintech funding slowdown

12.02.24|Hadar Siterman Norris
“Ultimately, in the face of immense challenges, 2023 proved to be a year where Israeli fintechs showcased their resilience and resourcefulness,” writes Hadar Siterman Norris of Team8
וסטו Vesttoo

Brokering giant Aon sets aside $197 million for Vesttoo settlements

04.02.24|Almog Azar
Aon has faced the wrath of some cedents whose reinsurance deals it brokered or facilitated and turned out to be backed by Vesttoo’s fraudulent Letters of Credit
מנכ"ל ברקס הנריקה דבוגרס מנהל ברקס ישראל נדב לידור

Fintech unicorn Brex set to close Israel R&D center as part of global layoffs

31.01.24|CTech
The over 20 Brex employees in Israel are expected to be laid off or offered roles abroad after the company announced last week that it was cutting 20% of its global staff
אור ליבן מנכ"ל ישראל ומזה"ת Airwallex איירוולקס

The future of finance is here: Why AI is the key to unlocking value in fintech

29.01.24|Or Liban
“The integration of AI in fintech has already begun to reshape the financial industry, and Israel's role in this transformation cannot be understated,” writes Or Liban, Head of Israel and the Middle East, at Airwallex
מייסדי פאגאיה מימין אביטל פרדו יהב יולזרי ו גל קרובינר

Pagaya relocating HQ from Israel to NYC, reverse splitting shares, in hope of attracting US institutional investors

16.01.24|Sophie Shulman
In a report titled “Strategic Actions to Enhance Marketability of its Stock” the Nasdaq-listed company detailed its plans to relocate from Israel, file on U.S. domestic issuer forms with the SEC, and reverse split its stock, consolidating shares at a range between 1-for-10 to 1-for-15
רון דניאל מנכ"ל ליקווידיטי

Liquidity Group raising $200 million for sixth debt fund

09.01.24|Golan Hazani
The Israeli fintech company currently manages five debt funds and two dedicated investment vehicles, for which $2 billion were raised, and one equity fund, for which $500 million were raised
Airwallex Nadav Tamam

Airwallex appoints Nadav Tamam to lead its enterprise business in Israel and the Middle East

07.01.24|CTech
Tamam has previously worked at companies such as Google and Flipkart, as well as startups like Dynamic Yield and Cappsool
מייסדי פאגאיה מימין אביטל פרדו יהב יולזרי ו גל קרובינר

Pagaya nearing $1 billion market cap after shares surge 13% on partnership with auto finance firm Exeter

14.12.23|Reuters and CTech
Exeter Finance said it intends to use the fintech firm's credit-decisioning product across its national network of over 13,000 auto dealers
מייסדי פונטרה PONTERA מימין איל הלחמי דוד וייס יואב צוראל אורי לוין

Fintech startup Pontera raises $60 million at $550 million valuation

07.12.23|Sophie Shulman
The Israeli company, which makes money by charging a percentage fee to financial advisors who use its platform, said that its annual revenue has quadrupled since 2021