Israeli remittance fintech Rewire targets one million customers by end of 2021
Rewire currently boasts more than 200,000 European accounts.
Israel
eToro soars to $2.5bn valuation, tripling since 2018
Israel-based brokerage firm has also recruited 300 people this year.
Goldman’s former CIO becomes chairman of Israeli fintech The Floor
“I believe The Floor has transformative potential to impact the financial services industry.”
Santander launches money manager with Tel Aviv fintech Personetics
Santander claims its UK app has 4 million monthly active users at present.
Barclays-backed Team8 launches fintech foundry with ex-Leumi CEO
The foundry’s first company will evaluate credit risk for ecommerce firms.
Israeli auto-procurement fintech Approve.com lands $5m
Approve is a cloud-based software-as-a-service (SaaS) platform.
Pagaya raises $102m in Series D funding round
The US-Israeli wealthtech will use the investment to hire more top tier data scientists.
MUFG triples investment in credit line fintech Fundbox
The fintech says its Series C has raised nearly $200 million.
Israeli fintech BioCatch raises $145m in Series C
More than 40 financial institutions use BioCatch’s technology.
Rewire CEO: We want to be the financial marketplace for migrants
Traditionally, migrants have struggled to find a one stop shop for their finances.
EXCLUSIVE: TCS to power Israeli digital bank with debut platform offering
Unnamed new challenger will use TCS for its entire tech stack.
Capital market disruptor Capitolis raises $40m in Series B
Investors see the fintech in a position “to transform a whole industry”.
Israel’s anti-fraud fintech Riskified reaches unicorn status with $165m fundraising
The round was led by General Atlantic.
Israeli fintech Become secures $12.5m to help make SMBs more fundable
Become wants to “disrupt conventional and ‘alternative’ lending practices”.
Natwest, Nationwide and RBS pull banking apps from Google Play for Samsung S10 users
The S10’s fingerprint feature glitch means it can be unlocked by anyone.
Challenger bank Pepper creates new app for young investors
The mobile-only challenger bank offers Israel’s first fractional shares trading app.
JP Morgan and Societe Generale invest in trader fintech Wematch
Wematch is changing the way voice-traded financial markets operate.
Behind the music: Tuning the noisiness of your KYC
Scanovate’s KYC Orchestra has been doing full tours in the EU, Latin America, Israel and the US.
Tel-Aviv based Kovrr raises $5.5m
The new funding will accelerate the company’s global expansion plans.
Israeli government to fast-track fintech and blockcain licences
Around 2,000 fintech and blockchain companies are currently seeking licences.
Mizrahi Tefahot selects Temenos’ T24 Transact for capital markets
T24 Transact will interface with trading systems and the bank’s core systems.
Bank Leumi, CIBC and NAB launch online portal for fintechs
The platform provides a simple and easy process for fintechs to help connect them into the bank.
Identiq launches privacy-first identity validation network, raises $5m
The first solution designed to address growing sensitivities around data privacy.
Sayata Labs attracts $6.5m seed funding for cyber insurance tech
Cyber risk assessment solution is described as ‘game-changing’.
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.
