Fintech unicorn Rapyd to continue acquisitions and recruitment, CEO says
“The current situation in the market is excellent for small startups in the pre-Seed and Seed stage that are looking for employees that they had no...
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Moneta Venture Capital raises $120 million for new fintech and insurtech fund
Moneta Venture Capital announced on Wednesday that it has completed the first close of its fourth fund dedicated to investing in growth-stage fintech and insurance companies....
Fintech startup Vesttoo raises $80 million at a $1 billion valuation
The Israeli high-tech sector is currently experiencing a difficult period, with hundreds of employees laid off just this week. However, there is also some good news...
Israel will issue government bonds on a blockchain
The Israeli government is testing the clearing of digital bonds of the State of Israel on a blockchain platform. The accountant, through the debt unit of...
Fintech startup Rewire acquired by Remitly for $80 million
Remitly Global, a global provider of digital financial services for immigrants and their families, announced on Tuesday that it is acquiring Rewire, an Israeli fintech startup...
PayPal alum raises $56 million for fintech startup Balance
One of the technology sectors that received the biggest shocks in 2022 has been fintech. The sector, which was responsible for many of Israel’s new unicorns...
Crypto-lender Celsius sued for being a Ponzi scheme
A former investment manager at Celsius Network sued the cryptocurrency lender on Thursday, saying it used customer deposits to rig the price of its own cryptocurrency...
Crypto is not too big to fail, even with the help of FTX
“Turtles all the way down” is a practical phrase to describe how the human mind creatively fills gaps of logic. It allegedly stems from a person’s...