US fintech Pontera secures $60m in fresh funding round led by new investor Iconiq Growth
This latest investment brings Pontera’s total funding to date to $160 million.
Israel
The latest fintech news, resources and expert analysis in Israel by the leading intelligence provider for the worldwide fintech community.
BNPL fintech Jifiti lands European EMI licence from Swedish regulator
Jifiti says it can now provide clients with a broader range of payment products and pan-European solutions.
Israel’s One Zero digital bank seeks to raise up to $100m led by Deutsche Bank
The start-up plans to use some of the funding to fuel its expansion across Europe.
SaaS fintech Earnix appoints Be’eri Mart as chief product officer
Mart initially joined the fintech in August 2020, just before it landed its unicorn status.
Codebase partners Network International to launch BaaS solution in the Levant
The partnership intends to accelerate the pace of digital banking transformation throughout the Levant region.
Erez Barak joins Israeli SaaS fintech Earnix as chief technology officer
Barak has 22 years of experience in cloud infrastructure, big data and AI.
Israel’s ThetaRay secures $57m to accelerate global expansion
With the fresh investment, ThetaRay plans on expediting its international expansion “across continents”.
Payoneer acquires AI-powered data platform Spott to streamline decision-making
Payoneer says the start-up’s tech will help it to “better understand and serve customers”.
Trustmi aims to stamp out B2B payment fraud with global launch
The launch comes just days after the company secured $17 million in a Series A funding round.
ThetaRay’s Sonar goes live on Microsoft Azure Marketplace
ThetaRay currently engages around one billion end users and monitors over 15 billion transactions per year.
Okoora launches integrated payments, banking and risk management platform
To facilitate its expansion, the start-up has submitted licence applications in multiple European countries.
Israeli trade financing start-up 40Seas raises $111m
40Seas offers financing for SMEs involved in global commerce.
American Express buys Israeli B2B payments automation start-up Nipendo
Amex plans to “integrate Nipendo’s team, technology and capabilities” to boost its B2B payments offerings.
Israel’s Shield bags $20m in Series B funding
Shield plans to boost its growth in existing markets and expand into new ones, including the US.
MFS Africa implements ThetaRay’s solution to detect financial crimes
ThetaRay says its Sonar solution helps to “effectively identify truly suspicious cases”.
MarketFinance nets £30m credit facility from Israeli investment group Viola
Viola had previously invested £75 million in the company to support its entry into the business loans segment.
Israeli embedded finance start-up Noble emerges from stealth with $18m
Noble plans on using the new funding to hire new team members and aid product development.
Investment platform Vyzer taps Salt Edge for open banking API solution
The firm will leverage Salt Edge’s Account Information API and data enrichment solutions.
Remitly set to acquire Israeli fintech Rewire for $80m
The transaction is expected to close in H2 2022 subject to regulatory approvals.
B2B e-commerce paytech Balance raises $56m in Series B round
The fresh capital takes the company’s total funding to $87 million.
Fintech for migrants Rewire acquires prepaid card provider Imagen
Imagen is Rewire’s first acquisition and will enable it to provide prepaid debit cards in Israel.
BaaS start-up Unit raises $100m Series C, reaches $1.2bn valuation
The company intends to use the capital to “make it even easier for companies to launch and succeed”.
Investment management platform FundGuard lands $40m Series B
The round saw participation from Citi, State Street, Blumberg Capital, LionBird Ventures and Team8 Capital.
ICYMI fintech funding round-up: Gotrade, lemon.markets, Unifimoney & Gaviti
Our weekly fintech round-up for you to get the latest funding news from around the world.
Credit fintech Liquidity lands $775m to fuel growth
Apollo partner Joshua Black will also join Liquidity’s board of directors.
Apollo Fintech taps ThetaRay for Sonar AML monitoring tech
Apollo Fintech will deploy Sonar on its new bank-to-bank payments service Knox Wire.
Payoneer taps cybersecurity firm ThetaRay for AI-powered transaction monitoring
Payoneer will deploy ThetaRay’s Sonar solution from Q2 2022.
Shift4 to acquire cross-border payments provider Finaro in $575m deal
The company also confirmed the acquisition of cryptocurrency fundraising platform The Giving Block.
Mashreq Bank implements ThetaRay’s transaction monitoring tech for correspondent banking
Mashreq Bank is Israel-based ThetaRay’s first customer in the UAE.
Fintech for migrants Rewire lands $25m investment
The investment will be used to bring insurance products to Rewire’s 600,000 users.
Financial services customer engagement platform Personetics raises $85m in growth funding
Personetics’ technology analyses real-time financial data at customer touchpoints, learning their financial behaviours.
Unit adds cross-border payments capabilities with Currencycloud
Tie-up expands capabilities for the US customers of Unit’s Banking-as-a-Service (BaaS) platform.
Israeli blockchain firm StarkWare raises $50m in Series C round
Company aims to increase blockchain bandwidth to scale technology for mass use.
8fig raises $50m to reinvent supply chain management for e-commerce sellers
8fig says it’s on a mission to propel 10,000 sellers to eight-figure revenue by 2025.
SoFi partners Pagaya to boost access to financial services
SoFi plans to extend its credit lending services to a broader audience.
Kenbi launches in Israel to help merchants approve payments
New fintech aims to sit atop payment flows and enable easier transactions.
Spend management platform PayEm lands $27m in funding
The Israeli fintech says it meets the accounting needs of decentralised and fragmented global enterprise.
Brex acquires Israeli start-up Weav in $50m deal
US fintech will aim to leverage Weav’s API technology.
BaaS start-up Unit raises $51m in Series B round
The company also announced the launch of its new service Unit Go.
Forter raises $300m in Series F to invest in fraud prevention tech
New York-based firm has raised $525 million in total since 2013 and is now valued at $3 billion.
