They don’t call it Startup Nation for nothing.
With the exception of Silicon Valley, Israel is the world’s top incubator for startups — and fintech is increasingly becoming hot there. Some of the world’s most remarkable fintech startups have their roots in Israel, while big-names banks are starting — or trying — to plant flags there. This is not just about the weather and falafel in Israel.
No, Israel is at the center of profound innovation, and that is why Bank Innovation is bringing its well-regarded conference and demo event to the Holy Land, to build on what has already started there: deep fintech idea generation.
An invitation-only event, Bank Innovation Israel on Nov. 10-11 at the Dan Tel Aviv hotel will bring together global leaders to explore the future of fintech — with a particular eye on local entrepreneurship.
There are hundreds of fintech startups in Israel today. The startups range from ventures focused on security for large banks like BioCatch to big data solutions like BillGuard, and crowdsourced investment solutions like eToro’s social trading network. Tel Aviv was recently ranked fifth in the world for its adoption of the cryptocurrency bitcoin and was one of the first cities to open a bitcoin ATM to the general public. Investment in Israeli startups overall is growing at about an 18% year-over-year rate, according to PricewaterhouseCoopers. The Israeli fintech scene got its greatest jolt of energy last March when Fundtech, the Israeli banking technology company, was sold for US$1.25 billion to DH Corp. Scratch many a “Silicon Valley” fintech startup and you’ll find Israel DNA.
With Bank Innovation Israel, we aim to foster greater development not just in Israel, but globally, through the intermingling of fintech ideas from within and without Israel. We invite you to join us in Startup Nation for a deep dive into the heart of true technology innovation at Bank Innovation Israel.
Find the Bank Innovation Israel event site here.
Click here to apply for an invitation.
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