About FinTech sector in Israel
The FinTech sector in Israel comprises 1.03K companies, including 390 funded companies having collectively raised $8.05B in venture capital money and private equity. Out of these, 162 are Series A+ funded, and 10 have achieved unicorn status.
FinTech sector in Israel has seen 64 acquisitions and 13 IPOs. This represents almost 7.5% of all such companies - which is higher than the 5.0% exit rate of tech companies in general.
This sector includes companies offering tech-enabled financial services and IT infrastructure and software for offering and managing financial services.
FinTech sector is also known as BFSI Tech.
Companies providing tech solutions to provide financial services like lending, banking, fundraising, insurance, etc are included in this sector. Companies offering traditional financial services like Banks, NBFCs, Insurance Carriers, etc are excluded.
Top FinTech Companies in Israel
There are 1,029 FinTech startups in Israel which include Lemonade, eToro, ZenGo, TipRanks, Riskified. Out of these, 390 startups are funded, with 162 having secured Series A+ funding, and 10 achieving unicorn status.
Over the past 10 years, an average of 47 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Tel Aviv University, Technion Israel Institute Technology and Kellogg School of Management.
Here is the list of top FinTech startups in Israel
1. Lemonade
Provider of a cloud-based platform for life and P&C insurance. It offers quotes for renters insurance, condo insurance, pet insurance, homeowners insurance, and life insurance. It offers an artificial intelligence bot to craft insurance for users. The app is available for Android and iOS platforms.
Key facts about Lemonade
- Founded Year: 2015
- Location: New York City (United States)
- Stage: Public
- Total Funding till date: $644M
- Investors: SoftBank Group, SoftBank Group and 51 Others
- Latest Funding Round: Grant (prize money), Jan 03, 2022, $*****
- Tracxn Score: 84/100 What is this?
- Competitors Rank: 1 of 117 Competitors
2. eToro
Online social trading platform for cryptocurrency, stocks, ETFs, and CFDs. It enables users to copy the traders of the community and also helps traders to earn extra income by sharing portfolios. It allows trading in stocks, ETFs, indices, currencies, and commodities.
Key facts about eToro
- Founded Year: 2007
- Location: Tel Aviv (Israel)
- Stage: Public
- Total Funding till date: $423M
- Investors: Spark Capital, Social Leverage and 42 Others
- Latest Funding Round: Series F, Mar 21, 2023, $*****
- Tracxn Score: 84/100 What is this?
- Competitors Rank: 1 of 113 Competitors
3. ZenGo
Keyless cryptocurrency mobile wallet. It replaces private wallet keys with open-source threshold cryptography and its distributed servers. The application is available on the Android and iOS platforms.
Key facts about ZenGo
- Founded Year: 2017
- Location: Tel Aviv (Israel)
- Stage: Series A
- Total Funding till date: $52M
- Investors: Insight Partners, Elron Ventures and 15 Others
- Latest Funding Round: Series A, May 02, 2022, $*****
- Tracxn Score: 74/100 What is this?
- Competitors Rank: 1 of 302 Competitors
4. TipRanks
Platform for ranking stock recommendations. It offers an analyst accountability engine that aggregates, measures, and ranks digitally published stock recommendations by analysts. It provides the individual investor information about the reliability, accuracy, and track record of those who provide sell-side advice.
Key facts about TipRanks
- Founded Year: 2012
- Location: Tel Aviv (Israel)
- Stage: Acquired
- Total Funding till date: $99M
- Investors: Prytek, Mor Investment House and 3 Others
- Latest Funding Round: Series B, Apr 08, 2021, $*****
- Tracxn Score: 74/100 What is this?
- Competitors Rank: 1 of 23 Competitors
5. Riskified
AI-based payment fraud prevention solutions for e-commerce solution. It uses data analytics and machine learning algorithms to provide payment insights and enables businesses in accepting or rejecting transactions. It also employs behavioral analytics, IP geolocation, proxy detection, order linking, social media, device, and other techniques.
Key facts about Riskified
- Founded Year: 2013
- Location: New York City (United States)
- Stage: Public
- Total Funding till date: $232M
- Investors: Founder Collective, Entree Capital and 21 Others
- Latest Funding Round: Series E, Mar 04, 2021, $*****
- Tracxn Score: 73/100 What is this?
- Competitors Rank: 6 of 3,223 Competitors
Companies founded year-on-year in the FinTech sector in Israel
94 FinTech startups in Israel were founded in 2021 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | - |
2024 | 9 |
2023 | 22 |
2022 | 51 |
2021 | 94 |
2020 | 63 |
2019 | 52 |
2018 | 92 |
2017 | 89 |
Stage-wise distribution of FinTech sector companies in Israel
Out of the total 1,029 FinTech companies in Israel, 390 have secured funding. Among them, 162 have reached Series A or higher, and 119 to Series B or beyond.
Founded - 1,029
Funded - 390
Series A+ - 162
Series B+ - 119
Series C+ - 92
Company Stage | No. of companies |
|---|---|
Founded | 1,029 |
Funded | 390 |
Series A+ | 162 |
Series B+ | 119 |
Series C+ | 92 |
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Funding Trends in the FinTech sector in Israel
Total funding year-on-year in the FinTech sector in Israel
The FinTech sector in Israel saw a total funding of more than $7.43B in the last 10 years. The most amount of funding was in 2021 at more than $2.12B.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $272M |
2024 | $273M |
2023 | $618M |
2022 | $1.49B |
2021 | $2.12B |
2020 | $591M |
2019 | $917M |
2018 | $521M |
2017 | $404M |
Recent Funding Rounds in FinTech in Israel
In the year 2025, till October 2025, FinTech companies in Israel have raised $247M in equity funding across 18 rounds.
In the same period last year (i.e. till October 2024), FinTech companies in Israel had raised $213M across 21 rounds.
So, 2025 has seen a 16.04% rise in funding in FinTech companies in Israel as compared to 2024.
Here are some recent, important funding rounds in FinTech companies in Israel:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 6030 | Oct 01, 2025 | ||
Series A | 5671 | Sep 16, 2025 | ||
Series A | 8840 | Sep 03, 2025 | ||
Series A | 1488 | Aug 13, 2025 | ||
Seed | 4142 | Jul 16, 2025 |
Top Investors in FinTech in Israel
Lightspeed Venture Partners is the top investor in FinTech companies in Israel based on number of companies invested.
Here are some top investors in FinTech companies in Israel:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Menlo Park (United States) | - | |
Herzliya (Israel) | ||
Redwood City (United States) | ||
New York City (United States) | Riskified and Fireblocks | |
Herzliya (Israel) |
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M&A activity in FinTech sector in Israel
In the year 2025, till November 2025, 8 acquisitions happened in FinTech sector in Israel. Last year, in 2024, a total of 6 acquisitions happened in FinTech sector in Israel.
Here are some recent, important acquisitions in FinTech sector in Israel:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Nov 04, 2025 | ||
Business Acquisition | Sep 21, 2025 | ||
Business Acquisition | Sep 02, 2025 | ||
Business Acquisition | Aug 20, 2025 | ||
Business Acquisition | Aug 13, 2025 |
Acquisition trends in FinTech sector in Israel
Here are the acquisition trends in FinTech sector in Israel:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | 8 |
2024 | 6 |
2023 | 3 |
2022 | 6 |
2021 | 15 |
2020 | 5 |
2019 | 6 |
2018 | 3 |
2017 | 4 |
IPOs in FinTech in Israel
In the year 2025, till May 2025, 1 IPO happened in FinTech sector in Israel.
Here are some recent, important IPOs in FinTech sector in Israel:
Company | IPO Date | Exchange Symbol |
|---|---|---|
May 14, 2025 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Sep 21, 2022 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Sep 17, 2021 | Australian Securities Exchange (ASX) | |
Jul 29, 2021 | New York Stock Exchange (NYSE) | |
Jul 21, 2021 | Australian Securities Exchange (ASX) |
Colleges which produce the most FinTech companies in Israel
Companies founded by alumni from top colleges in the FinTech in Israel
Most number of FinTech startups in Israel have been founded by alumni from Tel Aviv University, Technion Israel Institute Technology and Kellogg School of Management.
College | No. of companies |
|---|---|
Tel Aviv University | 152 |
Technion Israel Institute Technology | 48 |
Kellogg School of Management | 7 |
The Hebrew University of Jerusalem | 6 |
Columbia University | 5 |
Massachusetts Institute of Technology | 5 |
Harvard University | 4 |
Ben-Gurion University of The Negev | 3 |
Columbia Business School | 3 |
Harvard Business School | 2 |
Total funding in FinTech companies founded by alumni from top colleges in Israel
In the last 10 years, Tel Aviv University graduates' FinTech companies in Israel have raised the most funding among top colleges. Technion Israel Institute Technology alumni are second, and King’s College London alumni are third.
College | Total Funding |
|---|---|
Tel Aviv University | $3.19B |
Technion Israel Institute Technology | $2.08B |
King’s College London | $644M |
University of Haifa | $438M |
Massachusetts Institute of Technology | $419M |
Harvard University | $188M |
The Hebrew University of Jerusalem | $152M |
Harvard Business School | $118M |
London Business School (LBS) | $117M |
University of Toronto | $117M |
Top News in FinTech in Israel
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MoneyGram Partners With Fireblocks for Stablecoin Use in Global PaymentsCoinDesk•Dec 04, 2025•MoneyGram, Fireblocks
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Real-time intelligence sharing reveals millions in attempted bank fraudBiometricUpdate.com•Nov 28, 2025•BioCatch
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Nayax Reports Third Quarter 2025 Results,Revenue Reaches $104.3 MillionGlobeNewswire•Nov 19, 2025•Nayax
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Frost & Sullivan recognises Biocatch for global leadership strategysecurityworldmarket.com•Nov 01, 2025•BioCatch
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MyBTCX.com Integrates Simplex to Expand Global Crypto Payment OptionsGlobal FinTech Series•Oct 31, 2025•Banxa, Simplex,
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CoinMBA Launches Global Node Acceleration Plan to Challenge Traditional Financial SystemsGlobeNewswire•Oct 14, 2025•CoinMama
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Algoz Doubles AUM to $200M, Opens Cayman Fund for US InstitutionsFinance Magnates•Oct 14, 2025•Algoz
