Tag: payments

Meet the Startups Transforming the World of Finance [Infographic]

2016 is shaping up to be a fantastic year for startups and tech entrepreneurs in the wildly exciting and growing arena of financial technology, aka FinTech. In our fast-changing digital world, FinTech is reshaping how we handle our money online and on the go. From easing payment processes to reducing fraud to saving users money, OurCrowd’s FinTech portfolio encompasses a variety of key areas transforming the financial technology market, and will ultimately help move this giant industry forward. As we continue to build, grow, and exit financial technologies, among others, we’re pleased to share the following infographic that captures the scope of some of the incredible FinTech companies in OurCrowd’s portfolio. Feel this infographic is ‘FinTech’-tastic? Pass it forward and share it with your friends! To find out more about FinTech and investment opportunities on our platform, contact our Investor Relations team or visit our...

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What’s in the Cards? Tech-Forward Mobile Solutions Offer the Convenience of Paying by App

In our fast-changing digital world — where new mobile apps continue to transform the way we live, work, and play — FinTech is reshaping how we handle our money online and on the go. Take a look, just as an example, at peer-to-peer (P2P) money transfers and remittance, which are worth well over $1 trillion. Today, only a small part of those transactions – in the US, about $5 billion – are conducted via mobile. But mobile transaction volume is likely to grow exponentially in the coming years —driven by FinTech innovation — such that (according to some estimates) P2P transactions could conceivably jump to $86 billion in the US by 2018. With the future growth of FinTech intricately linked to mobile technologies, mobile payment solutions are an important piece of the puzzle. Here are some of the ways that mobile apps are already redefining and reinventing how our money is being shared, received, and transferred via mobile. All in the Family It’s become more convenient to repay people digitally using P2P payment services, than to pay using cash....

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Making a mark in the Startup Nation: How social events will boost your startup profile

 This guest post was written by Daniel Abrahams, CEO of CurrencyTransfer.com, the world’s first online marketplace matching users with the most competitive international payment quotes. The platform offers instant booking ability in one live, transparent venue. As a tech entrepreneur, I’ve seen first hand the fantastic correlation between community management initiatives and startup success. Not only do organizing events create buzz and a ‘feel good factor’ with your local tech ecosystem, it can crucially draw interest from both prospective investors and end users. Today, I’ll share my story as CEO of CurrencyTransfer.com, and in particular the way we approached the arrival of our British fintech business in ‘The Startup Nation.’ Making our mark in ‘The Startup Nation’ Recently, we opened an office in Tel Aviv. As many of you know, Israel has become one of the leading startup capitals of the world, and R&D center to some of the world’s leading companies. With an already thriving fintech community surrounding us, we brainstormed on how we can make an instant name for ourselves in the Tel Aviv start up ecosystem. Our solution...

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8 Israeli tech trends for 8 crazy nights: Payments (8/8)

We’re celebrating Hanukah in Israel right now and given all the fun and festivities going on, we thought it would be a good time to look back over the past few months and highlight some of the tech trends we’re seeing in startup land in the Startup Nation. As a caveat, these trends are based upon our deal flow – what we’re seeing on the ground. So, Happy Hanukah and enjoy. >>Read about all the top Israel technology trends this holiday season<< :::::::::::::Payments::::::::::::: The problem: Payments are moving away from traditional point-of-purchase and onto mobile devices, into the cloud, and within software. The technology and transactional ecosystem have to migrate from hardware to software (or at least a mix of the two). Solutions: Israeli companies aren’t focused on taking on core merchant payments the way a Square is but are more focused on niche parts of the market. Digimo: While lots of new payment players are basing their solutions on new hardware  — like terminals or NFC — Digimo uses existing payment infrastructure and enables mobile payments with an interesting twist...

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