Cryptocurrency trading Israeli co INX files for first-ever US SEC recognized ICO

INX's $130 million offering is classified by the SEC as an IPO, and its INX Tokens will be recognized as a security.

credit cards Credit card cos count cost of separation from banks

The first half results of Israel's credit card companies show the effect of becoming competitors rather than extensions of the banks.

Litecoin, Bitcoin  photo: Shutterstock Israeli bitcoin holders take on banks

A freedom of information petition has been filed demanding that the banks reveal their  policies on accounts for proceeds of cryptocurrency trading.

Anthony De Lannoy "Never mind the deficit, watch the demographics"

IMF executive Anthony De Lannoy, in Israel for Cyber Week, sees the time coming when the rest of Israel's population will refuse to finance social benefits for non-working haredim.

Gilad Altshuler Altshuler Provident soars after first financials as public co

Altshuler Shaham Provident Funds and Pension Ltd. has recorded the second most successful flotation after the TASE itself.

Bank Hapoalim Photo: Tamar Matsafi After Isracard: Hapoalim Q2 profit shrinks

Bank Hapoalim saw second quarter profit fall after selling Isracard and closing international private banking operations.

Israel Discount Bank Discount Bank Q2 profit jumps 29%

The bank will distribute a dividend of 15% of the net profit.

Rakefet Russak-Aminoach  photo: Tamar Matsafi Leumi Q2 profit climbs despite Leumi Card exit

The Bank will distribute a dividend of 40% of its net profit in the second quarter of 2019, totaling NIS 369 million.

Fintech German co LPA buys Israeli fintech co Modelity

Sources close to the company said that price for the deal was between $20 million and $30 million.

Amos Meiri Colu abandons blockchain, offers to repurchase CLN tokens

Eighteen months after raising $19 million in an ICO, Israeli startup Colu is closing its blockchain project to focus on its City Currency activity.

Eldad Fresher Photo: Tamar Matsafi Mizrahi Tefahot resumes dividend

In the second quarter, Mizrahi Tefahot Bank posted substantial rises in both revenue and profit in comparison with the corresponding quarter of 2018.

Mobileye founder Amnon Shashua Amnon Shashua invests in Marius Nacht's digital bank venture

Mobileye founder Shashua has taken a 4.99% stake in the bank, which is in the process of obtaining a license from the Bank of Israel.

Eduardo Elsztain Brokers bid for IDB's Clal Insurance stake

Barak Capital and Leader Underwriters have made an offer to Eduardo Elsztain's IDB Development on behalf of private investors and institutions worth NIS 630 million.

Amir Kahanovich "Bank of Israel should cut rate below zero"

Phoenix Excellence chief economist Amir Kahanovich believes interest rates will stay low for years to come and real estate prices could rise significantly.

Dror Avieli and Daniel Heyman "We want blockchain to create value for enterprises"

Daniel Heyman and Dror Avieli of ConsenSys, the world's largest blockchain concern, map the future of its Ethereum technology.

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018