AI wealthtech Pagaya closes $14m funding round
Its tech is meant to help institutional investors and asset managers.
Israel
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 […]
