Wednesday, July 17, 2019
Tags Israel

Tag: Israel

Accel raises $575m fund to back European, Israeli startups

Global venture capital firm Accel has raised $575m for its sixth early-stage fund focused on European and Israeli startups. Read more: member.regtechanalyst.com

AML detection outfit FinCom.Co comes to the UK

To help UK financial institutions and businesses stamp out money laundering activities, remain compliant with legislation, and improve efficiencies, Israeli fintech start-up, FinCom.Co, today announces the launch of its services in the UK through the London Stock Exchange’s Issuer Services Marketplace. Read more: www.finextra.com

Sayata Labs Raises $6.5M for AI that Assesses Cyber Risk

Sayata Labs, a Tel Aviv startup developing an AI software-as-a-service (SaaS) solution that empowers insurance brokers to assess businesses’ cyber risk, today emerged from stealth with $6.5m in seed funding led by Elron. Read more: venturebeat.com

Israel Discount Bank adds Siri shortcuts

Israel Discount Bank is rolling out a host of Siri shortcuts for its iOS app, enabling customers to use personalised voice commands to carry out transactions. Read more: www.finextra.com

Hapoalim first bank in Israel to sign up for Swift gpi

Bank Hapoalim has signed up for Swift’s global payments innovation (gpi), making it the first bank in Israel to join the service. Read more: www.bankingtech.com

Israel National Economic Council Chair: BTC ‘Intrinsically inefficient, will disappear’

The head of Israel’s National Economic Council has denounced Bitcoin as “intrinsically inefficient,” predicting it will disappear. Read more: cointelegraph.com

Cybersecurity-focused investor Glilot closes Fund III on $110m

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

Switzerland, Israel collaborate on crypto & blockchain regulation

The Swiss Minister for Finance Ueli Maurer recently visited Israel along with State Secretary for International Financial Matters Joerg Gasser, Read more: www.ccn.com

Visa invests into and partners with online financing platform Behalf

Visa has invested into and partnered with Israel-based Behalf a working capital solutions provider for SMBs. Read more: fintech.global

Warburg Pincus acquires Israel-based Leumi Card for $684m

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