Tagged: israel

August 16, 2026 @ 9:05 pm By Omar Faridi  |  

Bank Leumi, 0ne of Israel’s largest banking institutions, has formed a partnership with Galaxy Digital (Nasdaq: GLXY) to introduce cryptocurrency trading services for its clients. The collaboration positions the institution as the first bank in the country to plan direct digital asset trading offerings through… Read More

August 14, 2026 @ 5:26 am By Omar Faridi  |  

Anthropic, the company behind the Claude AI models, is reportedly engaged in early-stage discussions to purchase Decart AI, an Israeli-founded startup specializing in artificial intelligence optimization and generative technologies. Sources familiar with the matter indicate the proposed transaction could value Decart at about $6 billion,… Read More

August 6, 2026 @ 10:14 am By JD Alois  |  

Nayax (NASDAQ:NYAX) has applied for a bank charter in the state of Connecticut. Nayax is a Fintech that was founded in Israel nearly two decades ago. The company is regulated in multiple jurisdictions including the UK and the EU. The company has focused on payments… Read More

August 3, 2026 @ 3:05 pm By JD Alois  |  

OurCrowd portfolio company BioCatch has been acquired by Visa (NYSE:V) for $2.4 billion. In a company statement, Visa said it had signed a definitive agreement to acquire the anti-fraud tech firm. BioCatch has developed an artificial intelligence (AI) and machine learning platform to analyze deep… Read More

July 27, 2026 @ 1:18 am By Omar Faridi  |  

Lendbuzz is reportedly weighing an initial public offering on the Tel Aviv Stock Exchange rather than pursuing a traditional debut on Nasdaq. The Boston-headquartered company, which specializes in AI-driven auto financing solutions, has built a strong track record serving consumers often overlooked by conventional lenders,… Read More

June 30, 2026 @ 2:19 am By Omar Faridi  |  

Mizrahi Tefahot Bank has become the first financial institution based in Israel to roll out a contactless system for withdrawing cash from automated teller machines. Customers can now access funds by tapping a smartphone, smartwatch, payment ring, or bracelet against the machine, eliminating the need… Read More

June 10, 2026 @ 8:29 am By JD Alois  |  

BioCatch, an OurCrowd portfolio company, says that banks and Fintechs are challenged in dealing with AI fueled fraud and scams. BioCatch is an anti-fraud AI firm that aims to halt financial crime by using thousands of data points to track behavior. The company reports that… Read More

June 3, 2026 @ 12:11 pm By JD Alois  |  

Autobrains, an OurCrowd portfolio company, has revealed a partnership with Uber and NVIDIA to launch a robotaxi service in Munich, Germany. The announcement was made at the recent NVIDIA GTC Taipei event. In an OurCrowd blog post, Igal Raichelgauz, CEO and founder of Autobrains, stated,… Read More

May 5, 2026 @ 3:47 pm By JD Alois  |  

Agentic eCommerce firm ZyG has raised $60 million in a Series A funding round led by Accel. Sonali De Rycker, partner at Accel, will be joining the ZyG board of directors. Other investors include Felix Capital, as well as new and existing investors. ZyG claims… Read More

April 16, 2026 @ 6:24 am By Omar Faridi  |  

Investment platform eToro (NASDAQ:ETOR) has reached an agreement to purchase Zengo, a specialist in user-managed cryptocurrency storage solutions. The transaction is estimated to be valued at around $70 million. This strategic acquisition reflects eToro’s ongoing efforts to deepen its involvement in DLT or blockchain-based services… Read More

March 4, 2026 @ 8:11 am By Omar Faridi  |  

In the wake of recent US-Israeli airstrikes on Iran, blockchain analytics firm Elliptic has reported a dramatic 700% increase in cryptocurrency outflows from Nobitex, the country’s leading digital asset exchange. This spike, occurring mere minutes after the initial attacks, underscores how crypto assets are increasingly… Read More

March 2, 2026 @ 3:10 pm By Omar Faridi  |  

The ongoing geopolitical crisis in the Middle East, marked by intensified clashes between Iran, Israel, the United States, and other regional players, has sent shockwaves through global financial markets. Recent U.S.-Israeli airstrikes on Iranian targets, which resulted in the death of Iran’s Supreme Leader Ayatollah… Read More

February 8, 2026 @ 10:44 am By Omar Faridi  |  

In a significant restructuring move announced recently, Remitly (NASDAQ: RELY), an international money transfer service provider, has announced the closure of its research and development facility in Israel, resulting in the elimination of approximately 110 positions. This decision comes roughly three years following the company’s… Read More

January 21, 2026 @ 11:46 am By JD Alois  |  

SEC Chairman Paul Atkins recently addressed the Tel Aviv Stock Exchange, lauding the country’s unique innovation ecosystem. Israel has the nickname “Innovation Nation” due to the number of early-stage, venture-backed firms and the technology and products that become commercialized. Small in size in land mass, resources, and… Read More

January 14, 2026 @ 3:18 pm By JD Alois  |  

  BLEND and Tasq AI have announced a business combination. Specific details on the agreement were not revealed. Founded in 2019, Tasq AI created the “Data Refinery” approach to AI training. The tech claims to help AI models train up to 10x faster than other… Read More

January 9, 2026 @ 4:32 pm By Omar Faridi  |  

Israeli Fintech unicorn Papaya Global is reportedly engaged in late-stage discussions for a possible acquisition, with sources estimating a company value ranging from $3.5 billion to $4.5 billion. The news, first reported by Israeli media outlet Calcalist, highlights the company’s performance in the global payroll… Read More

December 25, 2025 @ 6:55 am By Omar Faridi  |  

Phoenix Financial (TASE: PHOE), an Israel-based asset management and insurance company, and Blackstone (NYSE: BX), the world’s alternative asset manager, announced a strategic partnership. Under the agreement, Phoenix and Blackstone will collaborate across a range of credit strategies, including corporate, real estate and asset-based credit…. Read More

December 2, 2025 @ 5:00 am By JD Alois  |  

ThetaRay, a firm providing Cognitive AI financial crime compliance, has released a study on the future of anti-money laundering (AML) in Europe. The study warns that Europe’s anti-money laundering system is approaching structural failure, and that financial institutions will be unable to meet upcoming supervisory… Read More

November 22, 2025 @ 3:20 pm By Omar Faridi  |  

eToro (NASDAQ: ETOR), the trading and investing platform, has expanded its partnership with Moneyfarm to launch a market-leading Cash ISA offering for UK customers.  Until 31 December of this year, eligible eToro UK clients will be able to open a Cash ISA powered by Moneyfarm… Read More

November 11, 2025 @ 3:45 pm By Omar Faridi  |  

eToro Group Ltd. (NASDAQ: ETOR), the trading and investing platform, today announced financial results for the third quarter ended Sept 30, 2025. The update seems to have been received well as the company’s stock surged over 8% and was trading at around $41.56 at the… Read More