Fintech Company, “Blink Fintech (Israel)” joins as a new member of the Tel-Aviv Stock Exchange (TASE)
Blink is a retail broker that offers public access to advanced digital systems
Elad Benbaji and Shlomit Erez-Armonfounders of the company: “Blink uses advanced technology to remove entry barriers to the capital market.”
Ittai Ben ZeevCEO of TASE: “Increasing the number of participants in the Israeli capital market is one of our strategic goals and is essential for a more advanced and competitive capital market.”
TEL AVIVIsrael , 6 February 2023 /PRNewswire/ — The Tel-Aviv Stock Exchange (TASE: TASE) announces that “Blink Fintech (Israel)” has applied to become a member of TASE.
Fintech company Blink was founded as a new retail broker in Israel, will offer its customers easy and fast access to capital market trading, using a mobile app. Blink, which is wholly owned by Blink Fintech Ltd., develops proprietary technology infrastructure for its capital markets activity.
Blink’s app is based on innovative core systems that simplify the investment process, and give the public simple and user-friendly access to investments in the capital market.
Initially, Blink will offer its customers trading in shares and ETFs, as well as in Israeli and international mutual funds. At a later stage, it will consider expanding the variety of products to derivatives and bonds.
The company’s founders, Elad Benbaji and Shlomit Erez-Armon: “Blink is Israel’s first new broker. Our goal is to remove barriers to entry to the Israeli capital market using our proprietary advanced technology, with dedicated core systems and a cutting-edge user experience. These will make the investment more accessible, simple and fast, much like the digital shopping experience.”
Ittai Ben ZeevCEO of TASE: “We welcome Blink as a new TASE member. Increasing the number of participants in the Israeli capital market is one of our strategic goals and is essential to have an advanced and competitive capital market. As a TASE member, Blink, a fintech company that introduces technological innovation into the capital market, can offer private clients easy and user-friendly digital access to the capital market and encourage competition between the various players We expect to see more fintech companies join TASE, thereby increasing competition and lowering costs, to the benefit of the public .”
The application awaits approval by TASE’s board.
About Blink:
Blink is a fintech company that focuses on retail capital market investments using its proprietary technology. The founders and joint CEOs of the company are Elad Benbaji, who for the past decade has served as CEO of Excellence Investments and Securities, and Shlomit Erez-Armon, who for the past two years has served as CEO of the fintech company Finq, and has previously served as Deputy CEO of Excellence Investments and Securities. Among the investors in the company: Nussbaum Family, one of the controlling shareholders in construction and infrastructure, Ashtrom Group Ltd.; Sandler Family, a stakeholder in Next Vision, a public company; and Sacrifice Yannayfounder and controlling shareholder in Nofar Energy.
For more information: https://heyblink.com
Contact:
Orna Goren
Head of communications and public relations
Tel: +972 76 8160405
[email protected]
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SOURCE Tel Aviv Stock Exchange Ltd.
