Pagaya founders Photo: Roy Perry Fintech co Pagaya announces $8.5b valuation SPAC deal

The Israeli company, which has developed an AI platform for analyzing credit applications, will receive $288 million from EJF Acquisition Corp's cash in trust plus $200 million in PIPE financing.

Fintech Photo: Shutterstock Health incentive life insurance co Sproutt raises $26m

The Israeli company has developed a predictive life insurance that rewards healthy behavior.

Tel Aviv bank in Ahuzat Bayit Street to be sold Photo: Mizrahi Tefahot spokesperson Mizrahi Tefahot sells properties to Mivne for NIS 530m

Most of the assets were formerly branches of Union Bank, with which Mizrahi Tefahot merged last year.

Meytal Shavit, Elad Tsur, Yinnon Dolev and Diyaa Shridi Photo: Michael Cohen Israel's Planck teams with Japanese insurance giant Sompo

Planck’s AI-based platform gathers publicly available data about businesses and applies machine learning to generate insights, allowing insurance companies to more accurately assess risks.

Emil Vainshel, Yohanan Danino,and  Nitzan Zeir-Harim, Wesure  credit: Rami Zarnegar Barak family to become partner in WeSure, Ayalon for NIS 270m

The family's Caesarea Medical Eelctronics is buying part of Wesure Global Tech's stake in Ayalon Holdings, and will invest in Wesure itself.

Papayal Global founders Ruben Drong, Einat Guez and Ofer Herman Photo: Ira Prokhorov Papaya Global raises $250m at $3.7b valuation

The Israeli payroll platform for cross-border employee salary management has tripled its valuation in the past six months.

Google Pay  credit: Shutterstock Google Pay partners with Leumi

Leumi has signed an agreement with Google to allow the bank to offer its customers the Google Pay digital wallet.

Jifiti founders Photo: PR Point of sale credit boosts Israeli fintech

The 'buy now pay later' per purchase credit trend sweeping the world is good news for the Israeli startups in the sector.

IKEA Israel  / Photo: Shlomi Yosef , Globes IKEA invests $22.5m in Israeli retail financing co Jifiti

Jifiti facilitates white-labeled point-of-sale financing solutions for banks, lenders and merchants.

Bank Leumi branch credit: Eyal Izhar Valley National leads race to buy Leumi USA - report

Valley National Bancorp. Leads the race to acquire Bank Leumi's US arm, "Bloomberg" reports.

Melio founders  / Photo: PR Israeli payments platform Melio triples valuation in new raise

Melio joined the unicorn club in January this year when it raised $110 million at a valuation of $1.3 billion.

Few tellers left in Israel's banks

Despite the dominance of ATMs and digital services, Mizrahi Tefahot is bucking the trend and has kept personal teller services in all of its branches.

Anath Levin  credit: Rami Zarnegar "The big question is where government money will go"

Surveying the investment landscape, BlackRock Israel head Anath Levin says spending on programs that produce growth can mitigate inflation fears.

Payoneer IPO Photo: Nasdaq Payoneer dumped porn customers on way to Nasdaq

The digital payments company has a murky past, which may explain why it chose a SPAC merger rather than a conventional IPO.

Bitcoin  credit: Shuterstock Crypto enters adolescence

Along with the mood swings and truculence, the twelve-year-old cryptocurrency market is showing signs of maturity.

Nitzan Zeir-Harim and Emil Vainshel  credit: Eyal Izhar WeSure moves up an insurance league

Buying Ayalon, which has twenty times its assets under management, could open the door wide for WeSure's planned expansion overseas.

Natti Ginor at a conference in Tel Aviv  credit: Benny Doutsh How Jefferies is globalizing Israel's capital market

Jefferies' Head of Israel Investment Banking Natti Ginor talks about leading a new investment model on the Tel Aviv Stock Exchange.

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