Insolvency

5 stories about Insolvency
Sproutt founders

From $200 million valuation to insolvency: Insurtech startup Sproutt heading for bankruptcy

01.05.24|Almog Azar
The Israeli startup raised $38 million since its founding in October 2017, but struggled to generate income and turned to the court due to its inability to pay its debts
ווירקארד חברת תשלומים דיגיטליים Wirecard wire card

Domino Effect: Wirecard's collapse is being felt in the Israeli Fintech sphere

28.06.20|Meir Orbach and Hagar Ravet
Funds in cards issued by Wirecard’s UK subsidiary were frozen after the German company filed for insolvency
עסקים חדר ישיבות אילוסטרציה Doing business illustration

Board Members? 7 Keys to Protecting Your Company and Your Self During the Pandemic

18.05.20|Asaf Nahum & Seffy Zinger
When a company is on the verge of insolvency directors and CEOs become subject to more enhanced scrutiny under Israeli law
רינת רותם דוקטור סמנכלית מחקר ו פיתוח קיורטק מוטי חכם סמנכל כספים קיורטק בשיער לבן

CureTech’s Cancer-Fighting Dreams End With Insolvency

03.02.20|Lital Dobrovitsky
After an acquisition deal with pharmaceutical company InSight fell through in 2018, the company failed to secure further funding
מנכ"ל וונטייז נועם יוספידיס

Tel Aviv Stock Exchange Suspends Trading in Vonetize Securities

01.09.19|Hezi Sternlicht and Tofi Stoler
On Saturday, Vonetize announced that its attempts to raise funds have failed, that it cannot repay its bonds, and that the bonds’ trustee has informed the company it must begin insolvency proceedings