Israeli fintech sees worrying 73% decline in funding so far in 2023
The report also highlights an 85% decrease in the establishment of new fintech companies in Israel.
B"H Today Is 17 Tishri 5784 (2nd October 2023)
B"H Today Is 17 Tishri 5784
(2nd October 2023)
The report also highlights an 85% decrease in the establishment of new fintech companies in Israel.
IBC Unlimited raised NIS 450 million in funding from Migdal Insurance and Finance and Discount Bank to continue deploying…
ECONOMIC AFFAIRS: Besides inflation, the shekel-US dollar rate will also impact the interest rate decision.
A total of 88% of US corporations reported payment breaches in the last year
Here’s a closer look at the key factors influencing the Israeli economy as highlighted in August’s Index.
It remains to be seen what will finally be enacted and when. Financial, insurance, and e-commerce groups, among others,…
The New York Stock Exchange honored Economy Minister Nir Barkat’s visit by decorating with blue and white Israeli flags.
Yaron’s five-year term ends at the end of 2023 and he has been tight-lipped on his plans.
Gadot and her business partner Jen Zeszut thought to market Goodles to everyone, as the product had initially been…
Mekorot, which manages Israel’s water supply, witnessed an overwhelming demand that reached NIS 1.8 billion, which is three times…
This will be the first investment in an Israeli company by Affinity Fund, which was founded by Kushner in…
IFCJ launches aid operation to support needy families amid the High Holy Days.
The troubling statistic is a sobering confirmation of economist warnings against the government’s judicial reform plan.
Latest round led by Portage, a global fintech and financial services investment platform
There’s still no telling when the interest rate will decline, experts note.
Invest intelligently and don’t try and get rich quick. Trust the process, don’t try and circumvent it, and you…
As always, consult experienced tax advisers in each country at an early stage in specific cases.
The Alliance for Global Justice is the fiscal sponsor for a group called Samidoun, which has been widely recognized…
A report by City Index found that Israel’s currency saw the biggest drop in strength against the US dollar…
The competent authorities are not obliged to agree to anything, nor do Israel’s treaties stipulate mandatory arbitration.
The new version of the bank’s app with an option of English is expected to launch next week.
While a potential slowdown in economic activity is expected, the notable wage increases and shekel devaluation are set to…
Higher nominal wages indicate continuing inflation within Israel, which could lead to further counter-inflationary action from the Bank of…
Here are a few tips that will make your financial aliyah a bit easier.
The Angels Law offers various tax breaks mainly for investments in an “R&D Company”.
The Okoora and Paysend partnership is a reflection of the ongoing evolution of fintech solutions.
The high cost of living impacts all parts of life in Israel, and joining the IDF isn’t free. Here’s…
The new wage deal aims to boost aliyah integration and comes after teachers protested low salaries, which disrupted Hebrew…
There are more than 400 Israeli start-ups in New York.
Proposed reform have deepened divides in society, bruised the economy through a weaker shekel and a steep drop in…
According to the BoI’s latest report, judicial reform and inflation rate adjustments are the primary factors that can significantly…
The bill is meant to reduce tax evasion and increase Israel’s tax revenue, but opponents say it will result…
Swallow your pride and correct your mistakes, so that you can have a financially sound retirement.
The bill would be especially important to tourists who spend lengthy periods in Israel and anyone who relocates abroad…
Citibank and Morgan Stanley warned of instability in Israel in light of the approval of the reasonableness standard law.
The “Netanchik” card allows transactions of up to NIS 1,000 and can be used to withdraw money from an…
The current Israeli judicial crisis is all about checks and balances. Accountants and auditors (as well as judges and…
This week we read, “You have enough, circle the mountain, and turn to the north [tzafonah]” (Devarim 2:3).
EverC has unveiled global transaction fraud trends, showing that transaction laundering dominates illicit payment activity
The World Bank last month cut its 2024 forecast for global economic growth to 2.4% from 2.7% earlier, citing…
A stationary CPI may be a signal that the bank’s efforts to mitigate inflation are working — assuming the…
In the TikTok, the creator dissects various expenses into four main categories: housing, food, transport and lifestyle.
The state’s privatization agency said it would sell 100% of Israel Post Co. to an investor or group of…
“The government has fed inflation concerns rather than addressing them, leaving the Bank of Israel as the sole responsible…
Are current positive economic trends enough to push off yet another interest rate increase?
Israel’s Competition Authority recently announced its suspicion that the country’s five largest banks have neglected to share these benefits…
The case concerned an Israeli private individual who received dividends on shares he held in Canadian and Australian companies.
Almost the entire rise was eroded by inflation, which was 4.6% over the 12-month period.
Now offering rates above 5%!
The Israeli start-up’s AI-powered solution retrofits onto existing infrastructure, offering traffic management, enhanced safety, and efficiency through a SaaS…