AvaTrade acquired for $105M, top 4 startups from Microsoft’s Demo Day, & OurCrowd’s singular successes [OurCrowd Newsletter]
Last week saw another big acquisition for an Israeli company. Four top Israeli startups fresh out of Microsoft’s accelerator. Find out OurCrowd’s secrets to its singular success. Read on for the latest from the Startup Nation! Start getting this weekly newsletter via email: Subscribe now Playtech buys Israeli company AvaTrade for $105M It turns out that early May reports about Playtech buying AvaTrade have had substantial merit. Playtech, founded by Israeli billionaire Teddy Sagi, announced that it has agreed to buy currency trading platform AvaTrade for $105 million to expand its online trading platform. Playtech, which provides software used in sports betting and online casino games, is aiming to carve a niche in currency trading using its technology, as the gambling industry comes under pressure from higher taxes and tougher regulation. Learn more. OurCrowd & Portfolio Companies in the News ElMindA featured in Times of Israel BioCatch featured in Israel21c Jon Medved interviewed on Voice of Israel ReWalk featured in WSJ MST featured in DealmakersHub Boatbound featured in Los Angeles Magazine Consumer Physics featured in Times of Israel Highcon featured...
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