Tagged: israel

April 13, 2025 @ 2:04 pm By Omar Faridi  |  

Trading and investing platform eToro is to launch a stock lending program, a new feature enabling eToro users based in the UK and Europe to earn passive income by lending out their stocks. eToro is working with BNY, which will act as the “custodian, and… Read More

April 8, 2025 @ 4:43 pm By Omar Faridi  |  

Global fintech Airwallex announced that it now enables businesses to receive and hold funds in Israeli Shekels (ILS) through its Global Accounts and multi-currency wallet. The offering enables Israeli and global Airwallex customers to open accounts, facilitating transactions “in ILS via the Israeli payment network.”… Read More

April 6, 2025 @ 5:17 pm By Michael Wong  |  

Israeli trading platform eToro has put its initial public offering (IPO) plans on hold due to market uncertainty linked to the trade war started by US President Donald Trump, US news website Axios reports. The Yoni Assia-led company had been scheduled to begin investor meetings… Read More

March 26, 2025 @ 9:11 am By JD Alois  |  

While certain malcontents bemoan successful individuals, the reality is that when markets reward innovative entrepreneurs, they tend to use this success to support others attempting to do the same. This is one of the reasons the US innovation ecosystem has been thriving, creating the most… Read More

March 25, 2025 @ 7:58 am By Omar Faridi  |  

eToro Group Ltd announced that it has publicly filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission (SEC) relating to the proposed initial public offering of its Class A common shares. The number of shares to be offered and the… Read More

March 11, 2025 @ 9:37 am By JD Alois  |  

AI-enhanced cybersecurity firm Sola Security has announced a $30 million seed round as it emerges from stealth mode. The funding was led by S Capital, with other investors participating, including S32, Glilot Capital Partners, and individual angels. Sola was Founded in 2024 by Guy Flechter, the former… Read More

March 5, 2025 @ 8:42 am By Omar Faridi  |  

The Bank of Israel released its preliminary design for the Digital Shekel System and sees public feedback. At the end of 2024, the digital shekel project reached a major milestone with the completion of a high-level design for the DS. The design document is being… Read More

March 4, 2025 @ 8:01 am By Omar Faridi  |  

eToro, the trading and investing platform, announced that it is adding five new crypto-assets to its platform. eToro revealed that the new crypto-assets are: LayerZero (ZRO): a cross-chain messaging protocol enabling seamless blockchain interoperability. ZKsync (ZK): a Layer-2 scaling solution that boosts Ethereum’s speed and… Read More

February 21, 2025 @ 8:57 am By JD Alois  |  

Artificial intelligence firm and OurCrowd portfolio company Groq has received a $1.5 billion commitment from the Kingdom of Saudi Arabia. According to the offering page, Groq is an energy-efficient, high-performance AI provider. Founded in 2016 by former Googlers, Groq aims to: “…revolutionize the AI industry… Read More

February 14, 2025 @ 11:51 pm By Omar Faridi  |  

Israel-headquartered social trading-focused online broker eToro has reportedly filed for an initial public offering (IPO) with US regulators. Founded in 2007, eToro describes itself as a social investing enabler that aims to revolutionize the way people invest. In March 2019, the company added crypto trading… Read More

February 3, 2025 @ 9:57 am By JD Alois  |  

Regtech ThetaRay will work with IDB Bank, a subsidiary of Israel Discount Bank LTD, to combat financial crime. IDB Bank is an FDIC-insured commercial bank based in New York with offices in California, Florida, and the tri-state area. ThetaRay uses cognitive AI to combat financial… Read More

January 29, 2025 @ 12:00 pm By JD Alois  |  

Online investment platform OurCrowd has once again been recognized as the most active venture investor in Israel – which remains a hot startup market. OurCrowd noted that this is the 11th year in a row that it has been recognized as Israel’s most active venture… Read More

January 27, 2025 @ 11:57 am By Omar Faridi  |  

BitStock, an Israeli fintech startup, has successfully secured an additional $400,000 in funding, bringing its total investment to $1 million. This fresh capital injection will be allocated towards enhancing marketing efforts, driving sales, advancing research and development, and bolstering operational activities. Founded in 2024, BitStock… Read More

January 23, 2025 @ 10:50 am By Omar Faridi  |  

The financial world has seen significant volatility and transformation over the past several years, with some sectors experiencing steady growth. Equities and crypto / digital assets markets, in particular, have seen a considerable surge, attracting a new generation of investors eager to capitalize on these… Read More

December 26, 2024 @ 8:16 am By Tony Zerucha  |  

2024 was a pivotal year for 40Seas as it seeks to become the Salesforce of cross-border trade finance. Co-founder and CEO Eyal Moldovan said the sector is long overdue for disruption. Moldovan said his clients are still adapting to a post-COVID-19 world, which has fostered… Read More

December 22, 2024 @ 10:05 am By Michael Wong  |  

Israeli Fintech company Morning is set to be acquired by Italian software firm TeamSystem for an estimated $150 million, according to sources cited by CTech. The sale represents a major milestone for Morning, which is best known for its “Green Invoice” SaaS platform offering invoicing… Read More

December 16, 2024 @ 12:40 pm By JD Alois  |  

OurCrowd revealed a new VC investment center in Abu Dhabi to manage deals for its platform while expanding its market back in late 2022.  At the same time, the investment platform announced an AI hub named Integrated Data Intelligence Ltd (IDI), which seeks to develop… Read More

December 5, 2024 @ 7:19 pm By JD Alois  |  

According to a report from Israel, startups in the country generated $8.1 billion in funding during 2024. At the same time, mergers and acquisitions set a new record at $10.5 billion in deals. The report was published during the annual “2024-2025 Trends and Forecasts” conference,… Read More

November 25, 2024 @ 11:32 am By JD Alois  |  

OurCrowd, a top securities crowdfunding platform, has distributed an update on its “fast-growing” funds sector, which now reports that fund assets will top $1 billion next year. Currently, there are approximately $800 million in assets in the Funds Division across four types of funds. These… Read More

October 24, 2024 @ 9:34 am By Tony Zerucha  |  

The latest edition of LexisNexis Risk Solutions’ Taking the Pulse of Major Sanctions Lists suggests a heightened level of sanctions activity may be the new normal. The report analyzes activity from the United Nations (UN), European Union (EU), Office of Foreign Assets Control (OFAC), and… Read More