Tag: Israel

Over half of financial decision makers at retail banks believe that PSD2-led Open Banking regulation has had a ‘negative’ impact on their organisation.

An Israel-based startup looking to transform the business factoring invoice industry through blockchain has pulled in the first capital towards its $2m fundraising target.

Israeli cybersecurity venture incubator Team8 has raised $85m in new financing from a clutch of new and returning strategic investors.

Cybersecurity and big data-focused venture firm Glilot Capital Partners has closed its third fund on $110m.

Israel-based FinTech company The Floor has netted $5m in a strategic investment from Fosun and Fosun Hani Securities.

Visa has invested into and partnered with Israel-based Behalf a working capital solutions provider for SMBs.

Warburg Pincus has agreed to buy Leumi Card from Bank Leumi and Azrieli Group in a deal valued at NIS 2.5bn ($684m).

PayU has acquired Israel-based payments technology platform ZOOZ, supporting its expansion into high-growth markets.

Singapore-based United Overseas Bank (UOB) has invested into and partnered with Personetics, to support its AI-based solutions.

Windward, a risk analytics platform for the marine insurance industry, has collected $16.5m in its Series C funding round.