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What it s like returning to the office in a city that s virtually fully vaccinated
Early signs are that the end of lockdown has flicked the switch on office life with demand for space picking up across the board
Members work inside the Spaces co-working office in Tel Aviv, Israel. Picture: Kobi Wolf/Bloomberg
Sun, 09 May, 2021 - 13:47
Traffic is returning to the city streets. Elevators are getting crowded. Favourite lunch spots are filling up.
Two months after Israel reopened its economy, Tel Aviv is moving on from the work-from-home era.
Israel’s lightning-fast vaccine programme gave it a headstart in planning for life after coronavirus, and its quick rollout turned it into a global test case on everything from real-world efficacy data to vaccine passports.
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Nuvei acquires Israeli fintech co Simplex for $250m
Simplex provides a secure infrastructure for clearing cryptocurrency transactions and simplifies buying and selling.
Canadian payment technology company Nuvei Corporation (TSX: NVEI) today announced that it has entered into a definitive agreement to acquire Israeli fintech startup Simplex for $250 million cash. Simplex provides a secure infrastructure for clearing cryptocurrency transactions. Completion of the acquisition is subject to customary closing conditions, including regulatory approval, and is expected to close in the second half of 2021.
Simplex was founded in 2014 by CEO Nimrod Lehavi, CTO Erez Shapira and CIO Netanel Kabala. According to IVC the company has raised $18 million, mainly from private investors. Simplex has 150 employees at its Israel offices in Givatayim near Tel Aviv and in Vilnius, Lithuania.