Sayata Labs attracts $6.5m seed funding for cyber insurance tech
Cyber risk assessment solution is described as ‘game-changing’.
Israel
eToro buys blockchain company Firmo
This is eToro’s first acquisition.
Europe’s dance of fintech hubs
As a strong and united ecosystem, the European fintech scene can finally discover its true potential.
International Women’s Day: a great time to reflect on progress, but there’s still a long way to go
A look at initiatives that help a better work/life balance – and assist women to get to the most senior roles.
Israel’s Jerusalem Venture Partners closes $220m tech fund
JVP shows interest in cybersecurity, fintech and insurtech.
Symantec acquires Luminate Security for cyber cloud defence
Getting prepared for infrastructure managed by Azure, AWS and Google.
Pagaya shows off its AI-powered $100m ABS
Asset-backed securities looking toned and honed.
Capitalise goes live with Interactive Brokers
Capitalise enables traders to automate their strategies using natural language.
AXA Venture Partners gets $150m for fintech funding
Aiming to support start-ups and digital health firms.
Hapoalim first bank in Israel to sign up for Swift gpi
Global payments innovation makes its debut.
Isracard plots banking action with Temenos T24 core system
Credit card company gets ambitious and wants to simplify its systems architecture.
Israel’s API integrator OpenLegacy gets $30m funding
Investors Include CommerzVentures and Silverhorn Investment Advisors.
Initiative Q queues up new payments network
Israeli entrepreneur Saar Wilf first wants to create a critical mass of users.
Israel’s XM Cyber closes $22m funding
Series A round includes participation from Macquarie Capital and Nasdaq Ventures.
Fintech Sharegain raises $5m and rolls out securities lending platform
It has raised a total of $12m so far.
Blockchain start-up INVioU looks to raise $2m
INVioU looks to “create new possibilities of factoring for small businesses by using blockchain technology”.
Broadridge intensifies interest in Israel
Digital centre of excellence follows ActivePath acquisition.
AI wealthtech Pagaya closes $14m funding round
Its tech is meant to help institutional investors and asset managers.
Tel Aviv Stock Exchange links up with London and BSO
Israeli trading expands with better network.
Fosun feeds $5m to Israeli fintech platform The Floor
This marks Fosun’s second investment in Israel.
Visa invests in Behalf for SME financing push
All part of Visa’s commitment to invest up to $100m in fintech.
Bank Leumi to sell card business to Warburg Pincus for $682m
Warburg Pincus opens its fintech warchest yet again.
PayU acquires ZOOZ to build cross-border payment platform
With aims to expand to high-growth markets.
Banco Sabadell’s hub chasing innovation in Israel with €7.5m investment
InnoCells has invested in Cardumen Capital.
Planck Re yanks in $12m for insurance plans
Israeli insurtech offers AI-powered commercial underwriting services.
Israel’s crypto regulations drama drags on
Now the Association of Banks in Israel demands regulation.
Israel postpones cryptocurrency exchange regulations
Four month delay greeted with deep disdain by fintech firms.
BondIT raises $4m in new funding
BondIt’s Series B round led by major investor Fosun Group.
Tel Aviv Stock Exchange plans blockchain securities lending platform
TASE is working with Accenture and The Floor. Platform powered by Intel.
Crowdfunding platform OurCrowd surpasses $1bn AUM
Equity crowdfunding platform OurCrowd has reached a major milestone.
Arvato Financial Solutions invests $8m in SecuredTouch
Bringing the company’s total funding to $11.5 million.
Broadridge acquires Israeli digital tech firm ActivePath
To strengthen its governance and communications businesses.
Predictive analytics firm Endor raises $45m in ICO
Israeli firm combines computing and MIT-developed proprietary social physics.
Fintech funding round-up: 13 February 2018
From India via Israel to Finland – starring MoneyOnMobile, Tipalti and Zervant.
Payoneer partners with Waze to power local payments
Currently available in Texas, California and Israel.
Viola plans to pull strings with $100m fintech fund
Israeli investment group Viola has tuned up nicely with an initial closing of $100 million toward a target of $120-$150 million for its new global fintech fund.
Temenos vs Finacle in Union Bank of Israel’s core banking system search
EXCLUSIVE: Union Bank of Israel (also known by its Hebrew name – Bank Igud) is looking for a new core banking system and supplier.
LogMeIn buys AI and chatbot provider Nanorep for $45m
Massachusetts-based software provider LogMeIn has acquired Nanorep, a chatbot and virtual assistant company, for $45 million to boost its artificial intelligence (AI)-powered ambitions in customer engagement. Headquartered in Herzliya, Israel, Nanorep uses AI and patented natural language processing technologies for self-service solutions. A number of companies, such as financial software firm Intuit, Vodafone, and non-fintech […]
Atidot unveils big data platform for insurtech
Israel’s insurtech provider Atidot has launched the “first” Software-as-a-Service (SaaS) based predictive analytics platform for the life insurance sector. The firm says its big data modelling and decision making tools will “accelerate the pace” at which life insurance executives can use intelligence in their decision making. Existing company data is loaded to the proprietary Atidot […]
