Fintech

20 stories about Fintech
יניב ברטלה וסטו

Fintech unicorn Vesttoo faces alleged billion-dollar fraud scandal

17.07.23|Meir Orbach
Following an initial inspection conducted over the weekend, it was discovered that the billions of dollars in collateral presented by the company were fraudulent
Tzvika Perelmuter

Fintech startup CapStack raises $6 million in pre-Seed to improve cooperation between banks

16.07.23|CTech
The startup is developing an integrated operating system for banks that is meant to provide them with visibility into one another’s portfolios
מגזין עצמאות 4.5.22 מימין  איל פלדמן ו עופר פלדמן מייסדי סטמפלי stampli

Blackstone closing on significant investment in fintech startup Stampli

03.07.23|Meir Orbach
The investment giant is set to lead a funding round of over $50 million in the company that has developed an AI-powered Accounts Payable automation solution
כלכלת האינטרנט פינטק תשלומים מובייל  2

Fintech giants battling in $500 million PayU bidding war

28.06.23|Meir Orbach
Investment company Prosus is looking to sell PayU and bidders are believed to include Israeli fintech unicorn Rapyd, Canadian payments giant Nuvei, and Worldpay
כנס ניהול פיננסי בעידן החדש גילי הוך סמנכלית אסטרטגיה ופיתוח עסקי ישראכרט

"Every company will become a financial services company”

26.06.23|Almog Azar
Gili Hoch, EVP, Head of Strategy and Business Development at Isracard, was speaking at the Financial Innovation conference in Tel Aviv
כנס ניהול פיננסי בעידן החדש פאנל מימין רו"ח צבי שיף משה קמחי אור ליבן אביבית בנדר אייל גפני מנחה: עירית אבישר וידאו

"The fintech startup space has gone back about 4-5 years this year"

26.06.23|Irad Atzmon Schmayer
Zvi Shif, Senior Partner, Head of Financial Cluster at BDO Israel, was speaking during a panel discussion at the Financial Innovation conference
Tipalti טיפלתי נאסדק

Fintech unicorn Tipalti raises $150 million in credit from JPMorgan and Hercules Capital

15.05.23|Meir Orbach
"We still have 60% of the money we raised in 2021, but we received excellent conditions to raise money and this opens up a lot of possibilities for acquisitions,” Tipalti CEO and co-founder Chen Amit told Calcalist
8fig employees

8fig nets $40 million in equity and $100 million in debt to fund online sellers

09.05.23|Meir Orbach
The Israeli startup provides e-commerce businesses with bespoke funding plans that are optimized according to their supply chain and cash flow needs
אור ליבן,  מנהל ישראל ואזור המזרח התיכון  Airwallex

Fintech giant Airwallex launches operations in Israel, eyeing cyber acquisitions

09.05.23|Maayan Manela
Airwallex, valued at $5.5 billion, said it chose Tel Aviv as the location for its first office in the region due to strong customer demand and the thriving Israeli technology ecosystem
פאגאיה הנפקה נאסד"ק

Pagaya executives were looking at $200 million windfall had stock price held up

24.04.23|Amir Perger
The founders, managers, and directors of the fintech company received generous option allocations, but they have been unable to convert them to cash with Pagaya’s share price falling by 92% since going public in June 2022
מייסדי פאגאיה מימין אביטל פרדו יהב יולזרי ו גל קרובינר - חדש

Pagaya suspends full immediate withdrawals from Opportunity Fund

16.04.23|Almog Azar
The Pagaya Opportunity Fund, the largest P2P fund in Israel, manages about NIS 4.7 billion ($1.28 billion), and says that it will instead use a mechanism to transfer funds on a quarterly basis
CTech Mind The Tech London Eyal Efrat

How is Bank Leumi approaching innovation in the fintech space?

22.03.23|James Spiro
Eyal Efrat, First Executive Vice President at Bank Leumi and Board member at The Garage, joined CTech to share some of the ways the bank is embracing innovation.
יוני אסיא על רקע משרדי חברת אי טורו eToro ב בני ברק

eToro value plummets, raises $250 million at $3.5 billion valuation

21.03.23|Sophie Shulman
The fintech company planned to go public through a SPAC merger at a valuation of $10.3 billion, but the deal was ultimately canceled due to a protracted prospectus and regulatory process, and worsening market conditions
ג'ון קפלן  המנכ"ל החדש של פיוניר

Payoneer eyeing return to profit through focus on larger SMBs

02.03.23|Sophie Shulman
The fintech company's revenues in 2022 jumped by 30% to $627.6 million and it expects to cross $800 million this year
Roi Ben Daniel Received 20

“I want to be a CEO that drives people by conviction and by action.”

28.02.23|CTech
Using your own example and convictions rather than relying on your spot on the org chart results in better leadership, says Roi Ben Daniel, co-founder and CEO of Received.
רון דניאל מנכ"ל Liquidity Capital

Liquidity Group reaches unicorn status with new $40 million investment from Japan’s MUFG

20.02.23|Golan Hazani
The fintech company, which provides unlimited unsecured, non-recourse, no-dilution growth capital, saw its valuation rise by 75% in less than a year to $1.4 billion
אסף קוצר וטל קירשנבאום, מייסדי לדג'

Ledge raises $9 million in Seed for automated payments command center

16.02.23|Meir Orbach
The Israeli startup’s platform automates the entire payment lifecycle to improve visibility, lower the risk of losses, and reduce operational costs
נעם ענבר, שותפה בקרן ויולה פינטק

Noam Inbar joins Viola FinTech as Partner

14.02.23|Meir Orbach
In her previous role, Inbar managed an early-stage fintech investment arm backed by The Phoenix
עובדי PayEm פינטק

Fintech platform PayEm raises $20 million in equity funding and $200 million in credit

24.01.23|Meir Orbach
PayEm’s procurement and spend management platform offers smart procurement solutions, AP automation, expanse reimbursement and smart credit cards