Cyber Startup Wiz Reportedly to Acquire Gem Security
According to preliminary information, cloud cybersecurity startup Wiz Inc will acquire Gem Security.
Israel
Intel to Invest $25 Billion in Israel
Intel has confirmed its intention to invest $25 billion in Israel.
Project Eden: Transforming Government Bonds with Digitalization
At the Tel Aviv Stock Exchange (TASE), May 31st, 2023, twelve prominent international and domestic banks witnessed the implementation of Project Eden — a proof-of-concept (PoC) digital government bond issued by the Israeli Ministry of Finance. The initiative showcased the potential of blockchain technology and tokenization in transforming the traditional financial landscape. Let’s take a […]
Fiverr Unveils All-in-One Freelancer Management Platform
Fiverr freelancers marketplace has presented a platform through which companies can manage employees.
AI Platform to Analyze Creative Advertising Raises $5.1 Million
Startup Alison, which is based in Israel, announced that following the results of the preliminary round of financing, it managed to attract investment funds in the amount of $ 5.1 million.
Amex Ventures Vets Launch $78 Million Fintech Fund
A group of three former managing directors of Amex Ventures announced that it managed to raise funds for $ 78 million for the debut fund to support startups in the fintech industry.
Israel Joins Online Banking and Provides Access to International Payment Providers
Back in June 2022, Israel began the process of open banking reform in an attempt to bring its outdated regulatory framework into line with the needs of the nation’s booming fintech sector. The road map for the reforms is set to conclude by November 2023 and although this could represent a real boon for both […]
Bank of Israel Introduces a Rate Hike
Although inflation in Israel is lower than in most Western countries, the country’s central bank raised its benchmark interest rate on Monday to stabilise the economy
Are Startups Going Out of Fashion?
Tech startups across the globe are now facing a massive drain of funding from the segment. The total number of startups has also significantly declined. Why does it happen, and what to expect next?
Central banks join to explore CBDC for international retail payments
BIS and the central banks of Israel, Norway and Sweden teamed up to find out how CBDCs can be used for international retail and remittance payments
Best countries where you can develop your fintech career
Here are the best countries to develop your fintech career in
Carrefour announced a new franchise agreement in Israel
Carrefour has entered into a partnership with Electra Consumer Products and its subsidiary Yenot Bitan thus announcing a new Franchise agreement in Israel. This partnership will see the Carrefour banners set in Israel before year-end 2022 and will allow all Yenot Bitan stores, more than 150 to date, to have access to Carrefour branded products […]
Israeli retailer tests scan-free self-checkout solution
Beginning next month, the Israeli retailer plans to introduce the system to all its 62 outlets in the country
Akurateco White-label payment platform opened its first regional office in Israel
Akurateco, a provider of payment orchestration platforms, has opened its first office in Asia in an effort to expand its global reach. Akurateco was founded in 2019 with headquarters in Portugal and offices in Amsterdam, Estonia and Ukraine. Having operated for six years and have 15 years combined industry experience, Akurateco has opened a […]
Here’s who accounted for over 60% of high-value VC investments in Q2 2021
Both nations attracted high-value VC investment deals worth over $100 million both in terms of volume and value
Amazon Web Services to open data centers in Israel
Customers in Israel will continue to join the millions of active customers who are using AWS
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