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24/7
Headlines
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AI chip unicorn Hailo appoints Rakefet Russak Aminoach as Chairwoman of the Board
08:42
AI sparked a global arms race among tech giants for electric reserves—can we maintain energy independence?
08:42
Exodigo’s journey from underground to one of Israel’s most promising startups
08:42
How Greenfield Partners identified one of Calcalist’s 'Most Promising Startups'
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Israeli Billionaire Hires Black Cube to Spy on Former Partner Company Vale
2
The 50 most promising Israeli startups - 2024
3
Glassbox to be taken private by Alicorn VC in $150 million deal
4
“GenAI creates an attack surface different from everything we've seen before”
5
Blackstone acquires Israel’s Priority Software at an $800 million valuation
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Fintech
20 stories about Fintech
US, Israel sign deal to combat ransomware, protect critical financial infrastructure
24.08.22
|
CTech
The U.S. Deputy Secretary of the Treasury and Israel’s Finance Minister agreed to set up a task force to support fintech innovation and cybersecurity last year and the new partnership will see the parties conduct a bilateral exercise later this year
Is the Pagaya bubble bursting?
23.08.22
|
CTech
The Israeli fintech company has lost almost a quarter of its value over the past week, falling beneath a market cap of $11 billion
Pagaya CEO: “We get excited by rising revenue, not the share price”
18.08.22
|
Meir Orbach
The Israeli fintech company, which saw its value skyrocket over the past month, expects its total revenue in 2022 to range between $700 million and $725 million and its adjusted EBITDA for the year to range between negative $20 million and positive $10 million
Investor-favorite Pagaya reports 83% increase in revenue to $181.5 million
16.08.22
|
Meir Orbach
The fintech company, which has seen its shares surge dramatically over the past month, said it expects its total revenue for 2022 to range between $700 million and $725 million
Fintech unicorn Melio fires 60 employees
09.08.22
|
Meir Orbach
The Israeli company raised $250 million at a $4 billion valuation last year, but said that due to a shift in product priorities it will be parting with 60 team members across its sales and customer success team
PayPal alums raise $56 million for fintech startup Balance
26.07.22
|
Meir Orbach
The Israeli startup has developed a B2B e-commerce payments platform offering an online checkout with omni-channel support built for businesses
Why did Pagaya shares surge 130% in a single day?
21.07.22
|
Golan Hazani
The Israeli fintech company lost 85% of its value in less than a month on Nasdaq, but bounced back for reasons that remain unclear on Wednesday
“Technology modernizes and democratizes the fintech industry”
20.07.22
|
James Spiro
Meirav Har-Noy, Founder and Managing Partner at Moneta VC, spoke to CTech about industries that are ripe for innovation, such as payments, wealth management, and embedded finance
Global-e to acquire Borderfree from Pitney Bowes for $100 million
21.06.22
|
CTech
Borderfree helps retailers enter new global markets by localizing their domestic website in over 200 countries and territories
Fintech unicorn Pagaya to complete SPAC merger despite turmoil
19.06.22
|
Sophie Shulman
The company, valued at $8.5 billion, is set to begin trading on Nasdaq later this week after shareholders of SPAC EJF Acquisition Corp. voted in favor of the combination
Rapyd launches Hack the Galaxy challenge; winners to receive trip to the edge of space
07.06.22
|
Meir Orbach
Challenges will be posted in the Rapyd Developer Community every week through October 3, with each solution to reveal a password unlocking an entry to win tickets to the edge of space aboard the Space Perspective Spaceship Neptune
GoParrot focused on growth after $50 million acquisition by Block
07.06.22
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Orna Yefet
The Israeli-founded startup enables restaurants to connect more easily and directly with customers through omnichannel software, providing a customizable white-label app that merchants can design to be unique to their brand
Fundbox partners with Visa for small business payment solutions
01.06.22
|
CTech
The first step in the collaboration is the launch of the Fundbox Flex Visa Debit Card
Viola Credit raises $700 million to support fintech startups with asset-backed lending
26.05.22
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Meir Orbach
The fund will provide asset-backed lending transactions for fintech platforms to scale their origination business
The SPACs are dead, but what about the zombies stuck in the middle?
23.05.22
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Sophie Shulman
Those who managed to complete the merger became public, in contrast to the "zombies", companies that are in the process of merging with a SPAC, but are unable to complete it
eToro targeting $1 billion funding round after SPAC stalls
23.05.22
|
Sophie Shulman
While it continues to work to complete the SPAC merger, eToro is also in advanced stages of completing a massive private funding round of between $800 million and $1 billion. However, the valuation of the company in the round is set to only be around $5-6 billion
Unit raises $100 million Series C at $1.2 billion valuation for banking-as-a-service platform
17.05.22
|
Meir Orbach
The Israeli startup helps accelerate time to market and enables companies to launch bank accounts, cards, payment, and lending products in weeks
First quarter of 2022 was the best in Rapyd’s history, but we'll soon begin feeling the new reality, says decacorn CEO
12.05.22
|
Meir Orbach
The Israeli company recently opened new offices in Dubai, but CEO Arik Shtilman knows it won’t be long before the financial slowdown reaches his company. “The small and medium-sized businesses will suffer from the rising interest rates, which will hurt their growth. That will also affect our growth,” he explained
BridgerPay raises $6 million Seed round for self-onboarding payment operations platform
09.05.22
|
CTech
The Israeli startup allows businesses to autonomously connect their website to a PCI DSS Level 1 end-to-end payment operations platform with over 500 ready-made connections
Investment management platform FundGuard closes $40 million Series B, including from Citi and State Street
19.04.22
|
Meir Orbach
The Israeli startup’s SaaS platform for investment management and administration helps asset managers and fund administrators to manage mutual funds, ETFs, hedge funds, insurance products, and pension funds
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