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Zoom in on the Israeli Payment Industry

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Over 700 startups dealing with different aspects of fintech are estimated to be working in Israel today. They include payments solutions, business loans and credit, cybersecurity for payments, trading, and more. Israeli Fintech startups have raised more than $1.8B in total across 211 deals since 2014, excluding insuretech.  Israel’s dedication to R&D is unparalleled with payment innovations such as mobile wallets and digital-only banks break the borders financially and enable users to make global payments. Trends to look out for in the future of payments include mobile wallets; the rise of codes; biometric authentication; contactless payments and mobile point-of-sale. http://www.israeltrade.org.au/zoom-in-on-the-israeli-payment-industry/


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