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Fintech

20 stories about Fintech
כנס פינטק 2018

Ex-PayPal and Hippo exec closes $15M Series A for solopreneur fintech Lettuce

22.08.24|CTech
Founder Ran Harpaz’s startup recently launched LettuceHead AI, a free AI-chat bot specialized to answer solopreneurs tax and accounting questions. 
מייסדי הסטארט-אפ פייזן

Healthcare fintech PayZen raises $32M Series B and $200M in debt

13.08.24|Meir Orbach
The Israeli startup has developed a fintech platform that allows hospitals to receive payment in advance for medical treatment invoices, thereby enabling patients to benefit from interest-free payment plans.
פיוניר

Payoneer shares surge on optimistic guidance and $61 million acquisition of Skuad

07.08.24|Sophie Shulman
The Israeli fintech company reported a 16% growth in revenue in the second quarter, but also a 29% decrease in net profit to $32.4 million. Payoneer also announced an acquisition that expands its services into global HR management.
מוסף עצמאות 13.5.24 אלעד שפר ו דניאל גרין Faye

Faye raises $31 million Series B for fintech platform for travelers

30.07.24|Meir Orbach
Since launching its app to American travelers in 2022, Faye has continued to expand its offering, which currently includes travel insurance, 24/7 assistance, real-time trip monitoring and alerts, and more.
אייל ליפשיץ מנכ"ל בלו ויין bluevine

Fintech company Bluevine laying off 12% of Israeli workforce

20.06.24|CTech
“Israel remains and will continue to serve as Bluevine's R&D center,” the company said in response
דורון סומך ו איתי דמתי מייסדי Unit

Fintech unicorn Unit lays off 15% of workforce

19.06.24|Viki Auslender
“For now, we need to focus on efficiency and account for slower than expected revenue growth,” wrote the founders of the startup, which raised $100 million in a Series C round at a $1.2 billion valuation in May 2022. Around 25 employees are estimated to be affected by the cutbacks
Viola fintech map

Israel's evolving fintech sector: A 2024 market overview

19.06.24|James Spiro
A new report from Viola has shed light on the sector’s resilience amid a challenging economic environment  
מנכ"ל ארניקס רובין גילפורד מייסד JVP אראל מרגלית ומנהל IGP משה ליכטמן

Insight Partners and JVP acquire $120M worth of Earnix shares

18.06.24|Golan Hazani
The fintech company presented its first operating profit last year, with its revenues this year crossing the $100 million threshold for the first time
מייסדי ראפיד

Rapyd lays off dozens of employees, transferring positions from Israel to Eastern Europe, South America

18.06.24|Meir Orbach
The fintech unicorn is cutting 30 positions in Israel and is moving them abroad due to the desire to cut costs
מייסדי פאגאיה מימין אביטל פרדו יהב יולזרי ו גל קרובינר - חדש

Fintech company Pagaya cutting around 20% of workforce in second round of layoffs

05.06.24|Sophie Shulman
The Nasdaq-traded firm is laying off 100 employees in total and is continuing to reduce its presence in Israel
Alon Huri

Team8 appoints NEXT Insurance Co-Founder Alon Huri as New Managing Partner

21.05.24|Meir Orbach
Huri will join Rakefet Russak-Aminoach and other partners in Team8’s fintech space, where he will drive ideation initiatives and build new fintech startups
בר מור ליאור דולינסקי ו נועם קאהן מייסדי הסטארט אפ Agora

Agora nets $34 million Series B for real estate investment management platform

16.05.24|Meir Orbach
The Israeli startup's solutions include tech-enabled financial services, including expert tax, bookkeeping, and international money transfer services
מייסדי PANAX פאנאקס סטארט-אפ פינטק

Panax raises $10 million Series A for AI-powered cash flow management platform

08.05.24|Meir Orbach
The Israeli startup’s platform aims to help mid-market and large companies to gain full visibility and control over their cash operations and to optimize their liquidity by leveraging AI-driven automation and insights
Remitly Ronit

Remitly appoints Ronit Peled as Chief People Officer

08.05.24|CTech
“Ronit brings a track record of strategic business leadership, a deep commitment to people and culture, and clear alignment with Remitly’s values,” said Matt Oppenheimer, Co-founder & CEO.
מימין יובל סמט מנכ"ל רייזאפ RISEUP ו תמרה הראל כהן מייסדת וסמנכ"לית צמיחה רייזאפ

Fintech startup RiseUp, that helps customers control expenses, cuts 50% of workforce

30.04.24|Viki Auslender
The company, which is reducing its staff by around 50 people, offers a technology-based solution that helps customers control their expenses and save money
בועז בן דוד סמנכ"ל כספים מליו Melio

Melio names Boaz BenDavid as its first Chief Financial Officer

25.04.24|Meir Orbach
BenDavid most recently served as the VP of Finance at Nasdaq-listed Nayax
בני אברהם מנכ"ל ומייסד אוקורה

AI transformation doesn’t stop at big financial institutions

25.04.24|Benjamin Avraham
"AI-based financial services represent a significant opportunity for Israeli startups whose full potential even artificial intelligence cannot yet imagine," writes Benjamin Avraham, CEO and founder of the AI-based fintech startup okoora
Bridgewise founders גבריאל דיאמנט דור ו אור אליגולא מור חזן מייסדי חברת Bridgewise

Bridgewise nets $21 million Series A for AI-based analysis platform for global securities

16.04.24|Meir Orbach
The startup’s platform provides a suite of products that include detailed AI generated reports and on-demand analysis of any financial instrument or security
Contextual Fintech map

Mapping the contextual fintech evolution

10.04.24|Noam Inbar
“With the rise of Gen AI and the commoditization of models, tailoring personalized products and experiences for specific audiences is becoming more achievable than ever. But the key to unlocking potential is leveraging technology to architect smart and thoughtful customer experiences backed by effective business models,” writes Noam Inbar, Partner at Viola FinTech
גיא ליבוביץ וגולן קופיצ'ינסקי, מייסדי נומינל

Nominal raises $9.2 million in Seed funding to modernize enterprise planning with GenAI

28.03.24|Meir Orbach
Nominal’s platform uses generative AI and cloud technology to bridge the gap between legacy ERP (enterprise resource planning) systems and standard spreadsheets for accounting and financial management in mid-market businesses
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