20 stories about Fintech
אייל ליפשיץ מנכ"ל בלו ויין bluevine

Fintech company Bluevine laying off 12% of Israeli workforce

“Israel remains and will continue to serve as Bluevine's R&D center,” the company said in response
Viola fintech map

Israel's evolving fintech sector: A 2024 market overview

19.06.24|James Spiro
A new report from Viola has shed light on the sector’s resilience amid a challenging economic environment  
מנכ"ל ארניקס רובין גילפורד מייסד JVP אראל מרגלית ומנהל IGP משה ליכטמן

Insight Partners and JVP acquire $120M worth of Earnix shares

18.06.24|Golan Hazani
The fintech company presented its first operating profit last year, with its revenues this year crossing the $100 million threshold for the first time
מייסדי ראפיד

Rapyd lays off dozens of employees, transferring positions from Israel to Eastern Europe, South America

18.06.24|Meir Orbach
The fintech unicorn is cutting 30 positions in Israel and is moving them abroad due to the desire to cut costs
מייסדי פאגאיה מימין אביטל פרדו יהב יולזרי ו גל קרובינר - חדש

Fintech company Pagaya cutting around 20% of workforce in second round of layoffs

05.06.24|Sophie Shulman
The Nasdaq-traded firm is laying off 100 employees in total and is continuing to reduce its presence in Israel
Alon Huri

Team8 appoints NEXT Insurance Co-Founder Alon Huri as New Managing Partner

21.05.24|Meir Orbach
Huri will join Rakefet Russak-Aminoach and other partners in Team8’s fintech space, where he will drive ideation initiatives and build new fintech startups
בר מור ליאור דולינסקי ו נועם קאהן מייסדי הסטארט אפ Agora

Agora nets $34 million Series B for real estate investment management platform

16.05.24|Meir Orbach
The Israeli startup's solutions include tech-enabled financial services, including expert tax, bookkeeping, and international money transfer services
מייסדי PANAX פאנאקס סטארט-אפ פינטק

Panax raises $10 million Series A for AI-powered cash flow management platform

08.05.24|Meir Orbach
The Israeli startup’s platform aims to help mid-market and large companies to gain full visibility and control over their cash operations and to optimize their liquidity by leveraging AI-driven automation and insights
Remitly Ronit

Remitly appoints Ronit Peled as Chief People Officer

“Ronit brings a track record of strategic business leadership, a deep commitment to people and culture, and clear alignment with Remitly’s values,” said Matt Oppenheimer, Co-founder & CEO.
מימין יובל סמט מנכ"ל רייזאפ RISEUP ו תמרה הראל כהן מייסדת וסמנכ"לית צמיחה רייזאפ

Fintech startup RiseUp, that helps customers control expenses, cuts 50% of workforce

30.04.24|Viki Auslender
The company, which is reducing its staff by around 50 people, offers a technology-based solution that helps customers control their expenses and save money
בועז בן דוד סמנכ"ל כספים מליו Melio

Melio names Boaz BenDavid as its first Chief Financial Officer

25.04.24|Meir Orbach
BenDavid most recently served as the VP of Finance at Nasdaq-listed Nayax
בני אברהם מנכ"ל ומייסד אוקורה

AI transformation doesn’t stop at big financial institutions

25.04.24|Benjamin Avraham
"AI-based financial services represent a significant opportunity for Israeli startups whose full potential even artificial intelligence cannot yet imagine," writes Benjamin Avraham, CEO and founder of the AI-based fintech startup okoora
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