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Curv founders CEO Itay Malinger and CTO Dan Yadlin.  / Photo: Netanel Tobias PayPal buys Israeli digital assets security co Curv

Curv's team will join PayPal's newly formed blockchain, crypto and digital currencies business unit.

Shekel Photo: ASAP Creative Falling markets weigh on shekel

Yesterday the Bank of Israel revealed that it has bought $11.7 billion in foreign currency in the first two months of 2020.

Shekel-dollar ASAP Creative Israel's current account surplus hits record $20b in 2020

The current account surplus was the main factor driving the strengthening of the shekel in 2020.

Ido Erlichman Photo: Sharon Deri Kape acquires Israeli co Webselenese for $149m

The Israeli cybersecurity company is buying the Tel Aviv-based privacy and security startup for cash and shares.

Ehud Sol and Ilanit Landesman Yogev  credit:Itzik Biran Senior Herzog Fox & Neeman partners leave for new venture

Ehud Sol and Ilanit Landesman Yogev are both leading lawyers in the corporate and securities fields.

Itzik Abercohen  credit:Shlomi Yosef Shufersal raises NIS 700m in equity offering

Half the money was raised from overseas investors and half from Israelis. Meanwhile, the number of IPOs in Tel Aviv so far this year has reached twenty-one.

Tel Aviv Stock Exchange Photo: Eli Yizhar Massivit 3D Printing raises NIS 169m in TASE IPO

Massivit 3D is breaching three fundamental market barriers that have until now prevented the manufacturing sector from developing.

Driver monitoring co Cipia plans TASE IPO

The Israeli company plans raising several tens of millions of dollars at a company valuation of $150-170 million, pre-money, sources inform "Globes."

Shekel-dollar ASAP Creative BoI has already bought $11.7b foreign currency in 2021

The Bank of Israel purchased $4.9 billion in foreign currency in February and has bought nearly 40% of the $30 billion it said it would buy this year.

Daniel and Michael Salkind / Photo: Israel Hadari Elco, Mega Or likely to sell Cellcom and Elron stakes

Elco's Salkind brothers and Mega Or's Zahi Nahmias are interested in Discount Investment Corp. for the real estate assets of Property & Building.

Yoel Goldman  credit: Gil Gibli ISA opens probe into Yoel Goldman's All Year Holdings

US company All Year Holdings raised over NIS 2 billion from Israeli investors, who have presented the debt for immediate repayment.

Copaxone EU probes Teva over Copaxone competition

The European Commission is investigating whether Teva acted to delay generic competition to its MS drug Copaxone in Europe.

Micha Kaufman / Photo: Omer Hacohen, PR, PR Fiverr cancels planned $700m offering

The Israeli freelancer platform today announced that due to market conditions it would not be in its shareholders' interest to proceed and the offering has been cancelled.

Papaya Global  / Photo: Eyal Izhar, Globes Papaya Global raises $100m at unicorn valuation

The Israeli company's platform creates an automated process to solve the complexity of payroll data management.

Tel Aviv Stock Exchange / Photo: Shlomi Yosef , Globes Image recognition co Pomvom raises NIS 38m in TASE IPO

The Israeli company's platforms offer unique AI image services to amusement park operators and event organizers.

Shekel Photo: ASAP Creative Shekel weakens sharply as markets fall

The Israeli currency is trading at its weakest against the dollar since late November.

Amir Yaron Bank of Israel Governor rules out rate hike

Prof. Amir Yaron told CNN that despite rising inflation expectations, the interest rate will stay "lower for longer" because of high unemployment.

Next Insurance founders Photo: PR Next Insurance buys AP Intego, doubling revenue

The Israeli digital insurance company declined to disclose any financial details about the deal but said that the acquisition will double revenue from $200 million annually to $400 million.

Tzipi Ozer-Armon CEO Lumenis Photo; Eyal Izhar Boston Scientific to buy Lumenis surgical division for $1.1b

Boston Scientific plans leaving Lumenis' surgical activities in Israel and expanding the Yokneam offices into a world center for laser surgery.

Micha Kaufman / Photo: Omer Hacohen, PR, PR Fiverr exploiting rocketing share price to raise $700m

Freelancer platform Fiverr has seen its share rise to thirteen times the price in its 2019 IPO.

Curv founders CEO Itay Malinger and CTO Dan Yadlin.  / Photo: Netanel Tobias Digital assets security co Curv in talks for $200m exit

The Israeli startup has developed a platform for securely managing cryptocurrencies in the cloud.

Rami Levy / Photo: PR Rami Levy added to market concentration list

Israel's Committee for the Reduction of Concentration in the economy has added nine new companies to its list for 2021.

Avishai Abrahami  / Photo: Shlomi Yosef , Globes Wix buys food ordering tech co SpeedETab

The acquisition will enhance the ability of the Israeli website construction tools company to help restaurant owners build an online presence.

Einat Peled Shapira / Photo: Ofir Shaked G. Willi-Food CEO quits

Einat Peled Shapira is quitting only one year after succeeding Michael Luboschitz who held the post for two years.

Lemonade  / Photo: NYSE Lemonade tops Q4 forecasts but losses weigh on share

Lemonade's market cap is $7.5 billion, representing a 324% return since the company's IPO eight months ago.

Kaltura executives: Sergei Liakhovetsky, Yehiam Shinder,  Michal Tsur, Ron Yekutiel, Nuno Sanches, Sigal Srur,Yaron Garmazi  credit: Micha Lobaton Kaltura seen aiming for $1b valuation in Nasdaq IPO

Israeli video platform company Kaltura's business has boomed during the coronavirus pandemic, but it has yet to turn a profit.

Ormat power plant / Photo: Shutterstock, Ormat Technologies rebuts graft allegations

Ormat describes claims by Hindenburg Research as "inaccurate and filled with innuendo in an attempt to mislead investors."

Hermes UAV  credit: Elbit Systems Elbit wins $300m contract in Asia for Hermes 900

Elbit Systems will supply Hermes 900 Unmanned Aircraft Systems and also provide maintenance and support services.

Ormat CEO Doron Blachar  / Photo: PR Short seller charges Ormat with 'dirty dealings in clean energy'

Hindenburg Research has accused the Israeli geothermal energy company with "widespread and systematic acts of international corruption."

Perrigo CEO Murray Kessler Photo: Perrigo PR Perrigo sells generics division for $1.55b to Altaris

Perrigo will now have no activities in Israel. The sale threatens 850 jobs in the Negev and the company might delist from the TASE.

Shulamit Geri  credit:Eyal Izhar The woman to change the Bank of Israel

Newly installed CEO Shulamit Geri wants Israel's most conservative financial institution to become more like a private enterprise.

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