Aim Security Raises $18 Million
Aim Security, a company that assists enterprises in the safe implementation of artificial intelligence, announced that it managed to raise investment funds for $18 million.
Israel
Cyber Startup Wiz Reportedly to Acquire Gem Security
According to preliminary information, cloud cybersecurity startup Wiz Inc will acquire Gem Security.
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Back in June 2022, Israel began the process of open banking reform in an attempt to bring its outdated regulatory framework into line with the needs of the nation’s booming fintech sector.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?
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