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Arieli EL completes acquisition of majority stake in Elron Ventures
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West Bank economy faces severe setback amid ongoing Gaza conflict
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West Bank on the brink: economic woes spark fears of Intifada
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New startup Jeen.ai aims to simplify AI adoption with customizable GenAI solutions
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Lusix lost $65 million as lab-grown diamond prices plummeted
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Intel ends car leasing program in latest cost-cut
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Israel urged to dump ‘Hasbara’, instead pivoting to highlight its place in the world
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Intel shutting down startup accelerator Ignite amid massive cuts
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The Gili Ra’anan model: Questions emerging from Cyberstarts' remarkable success
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Payments
20 stories about Payments
Monto nets $9 million in Seed funding with promise to curb B2B payment “chaos”
30.07.24
|
James Spiro
The company helps B2B finance teams get paid from any AP portal used by their enterprise customers by creating smart connections between financial systems such as ERPs and AP portals
Deel facilitated over $72M in payments in less than a year for trading platform accused of operating Ponzi scheme
08.09.23
|
Meir Orbach
According to The Information, a CFTC investigation into MyForexFunds details how Deel transferred the sum from November 1, 2021 to October 14, 2022 across more than 40,000 transactions
The real Deel? HR startup provided payouts for problematic prop trading firms - Report
06.09.23
|
Meir Orbach
According to The Information, Deel was used as a conduit for financial payments by prop trading companies. “Our invoicing platform is only available to businesses operating within our approved industries and geographies, and who pass our extensive customer checks,” Deel said in response
Nuvei Israel Managing Director: "The advancement of technology is helping prevent fraud”
29.11.22
|
Tomer Hadar
"Our war against fraudsters is currently at a stage where we need to make sure that we work with legitimate businesses,” Shemer Katz, Global Innovation Officer and Managing Director of Nuvei Israel said at Tech TLV
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
Papaya Global acquiring cross-border payments service Azimo for $150-200 million
28.03.22
|
Meir Orbach
This is the first major acquisition made by Papaya, which saw its valuation surge to $3.7 billion last September following its $250 million Series D
Pay.com co-CEO: "We will allow merchants to receive payment in crypto too"
23.03.22
|
Sophie Shulman
Assaf Cohen, co-CEO of Pay.com, which allows merchants to get paid quickly, made the remarks at the Mind the Tech London 2022 conference
Melio appoints Guy Zipori as VP of R&D
15.03.22
|
CTech
The former co-founder and CEO of Skyline AI will lead R&D as Melio expands to become a leading B2B payments platform
Rapyd reaches $15 billion valuation, becomes Israel’s highest valued unicorn
13.03.22
|
Meir Orbach
The fintech company, which offers payment services across the world, has seen its value surge six-fold since January 2021
Israel’s ThetaRay to monitor transactions for UAE’s Mashreq Bank
14.02.22
|
CTech
UAE bank contract marks expansion of ThetaRay's AI-driven solution into Middle East financial institutions
Rapyd raises $300 million at record $10 billion valuation
03.08.21
|
Meir Orbach
The Israeli fintech company became the highest-valued private tech company in the history of Israel, overtaking Gong which raised $250 million at a $7.25 billion valuation two months ago
HopOn expands to Europe, announces $10 million acquisition of UK-based ECR
01.08.21
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James Spiro
“Acquiring ECR is the first step in HopOn’s strategic plan to enter the European market,” explained Amir Rosenzweig, HopOn CEO
Israeli unicorn Riskified heading to Wall Street
02.07.21
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Sophie Shulman
The online payments fraud prevention company filed a registration statement with the SEC after already reaching a $1 billion valuation in 2019
Rapyd acquiring Icelandic payments company Valitor for $100 million
01.07.21
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Hagar Ravet
The Israeli company’s purchase of Valitor, which supplies payments solutions for businesses across Europe, comes six months after Rapyd’s $400 million funding round at a $2.5 billion valuation
PayMe discreetly powering an SMB revolution
05.06.21
|
Allon Sinai
After helping over 60,000 small-and-medium-sized businesses in Israel realize their potential, the startup is taking its white-label fintech platform to Europe
Finastra Israel helping drive cashless payments revolution
08.05.21
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Allon Sinai
The Covid-19 pandemic forced the payments industry to embrace technology at an accelerated pace, a moment Finastra had long been preparing for
Israeli crypto startup Simplex set to be acquired for $200-$250 million by Canada's Nuvei
06.05.21
|
Meir Orbach
Simplex offers online payment processing and fraud protection exclusively for the cryptocurrency industry
Payoneer to collaborate with eBay on payments solution
04.05.21
|
Meir Orbach
Starting from last month, Payoneer has managed payouts for eBay sellers from Greater China as eBay expands its management of payments around the globe
Melio’s journey: The mission to keep small business in business
04.05.21
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In collaboration with LeumiTech USA
Melio is now the fastest growing B2B payments platform in the U.S., with its user base growing by over 2,000% last year
Israeli startup Osu raises $3.2 million to help self-employed workers in the UK
25.03.21
|
James Spiro
The company helps self-employed and freelancers accept and manage payments through an app
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