In Israel, a glimpse of what returning to the office will look like
Yaacov Benmeleh
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Traffic is returning to the city streets. Elevators are getting crowded. Favorite 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 program gave it a head start 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. With commercial activity now heating up in Tel Aviv, employers and employees around the world are watching with interest to see what happens in a country that has come to be seen as a late-pandemic bellwether.
A symbol of the cryptocurrency Bitcoin. Photo: Pixabay.
CTech – Israeli company Simplex, which provides fiat infrastructure for the cryptocurrency ecosystem, is in advanced negotiations to be acquired by Canadian payment processing giant Nuvei for between $200-$250 million,
Calcalist has learned.
The deal is set to be officially completed in the coming days. Two years ago, Nuvei, which is traded on the Toronto Stock Exchange and has a market cap of almost $10 billion, bought Israeli-founded payment technology company SafeCharge for $889 million. SafeCharge was founded in 2006 by CEO David Avgi and Israeli businessman Teddy Sagi.
Founded in 2014 by CEO Nimrod Lehavi and two former employees of Paypal, Chief Technology Officer Erez Shapira and Chief Analytics Officer Netanel Kabala, Simplex offers online payment processing and fraud protection exclusively for the cryptocurrency industry. The company was initially established to provide an easier method of buying cryptocurrency w
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Jefferies leading Nayax s TASE IPO at $1b valuation
Fintech company Nayax has adopted the model of a flotation in Tel Aviv while benefiting from a global investor base.
Are even large Israeli technology companies starting to see the local stock exchange as an alternative to an IPO on Wall Street? This week, fintech company Nayax filed a draft prospectus for a $150 million (NIS 484 million) offering, at a pre-money valuation expected to be over $1 billion - a valuation that in the past would straightaway impel the company s flotation overseas. The flotation includes an offer for sale by the company s founders - brothers Yair and Amir Nechmad and David Ben-Avi - who will sell shares to the tune of NIS 194-234 million.
נאייקס תנפיק עם חתם זר, משקיעים בינלאומיים ושווי של כמיליארד דולר globes.co.il - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globes.co.il Daily Mail and Mail on Sunday newspapers.