Category : Business & Economics

Fintech company Capitolis has announced the successful completion of its Series B round of $40 million, led by Spark Capital and SVB Capital. Existing investors,

Bank Hapoalim (TASE: POLI), under its new CEO Dov Kotler, released its third quarter 2019 results this morning. The bank posted a net profit in

Israeli fintech company BlueVine announced today the completion of a $102 million financing round. The round came a month after the company declared that it

The Israel Innovation Authority previously revealed that it would invest NIS 15 million in a program for “promoting investments by local investment institutions in Israeli

Mizrahi Tefahot Bank today announced its results for the third quarter of 2019. Profit was down 7% to NIS 422 million in the quarter, a

After failing to win a tender against ICC-Cal-Mastercard to provide a credit card for El Al Airlines’ Matmid frequent flyers club, credit card company Max

IDB Development, controlled by Eduardo Elsztain, continues to realize its holdings in Clal Insurance Enterprises Holdings Ltd. (TASE: CLIS). Yesterday evening, IDB Development reported that

Credit card company Max (formerly Leumi Card), managed by Ron Fainaro, reported a NIS 27 million profit for the third quarter of 2019, half of

Israeli insurtech startup Lemonade, whose largest investor is Japanese fund Softbank, was planning a Wall Street IPO in the next six months, but has now

Migdal Insurance and Financial Holdings Ltd. (TASE: MGDL) has signed a non-binding letter of understanding in negotiations for a possible acquisition of a stake in