
Camtek (Nasdaq: CAMT) — Migdal Ha'Emek semiconductor inspection and metrology company; a direct Israeli industrial beneficiary of the global AI comput…
Israeli fintech — payments, banking infrastructure, capital markets technology, insurtech, blockchain, the 2025 IPO reopening.
Lead storyIsrael's largest credit-card issuer (TASE: ISCD), spun out of Bank Hapoalim, now Delek-controlled. The Amex license, FlyCard rewards — and the #2 card brand in AI answers behind Max. Not financial advice.
Read →Israeli fintech ran the largest public-markets year of the post-pandemic cycle.
Per Calcalist, three Israeli tech companies completed IPOs in 2025 — Via, eToro, and Navan. Per Ynet, eToro debuted on Nasdaq on May 14, 2025 at a $4.3 billion offering valuation; the stock rose nearly 29% on its first trading day. Per Calcalist and Reuters, Navan listed on Nasdaq on October 30, 2025 under ticker NAVN, raising $923 million at an implied $6.21 billion valuation.
The wider funding architecture moved alongside. Per Startup Nation Central, Wix and Check Point both raised through convertible bond offerings — Check Point's first capital raise since its IPO three decades ago. Combined public-market activity contributed roughly $10.3 billion to Israeli companies in 2025.
The exchange itself reorganized. Per Globes, the Tel Aviv Stock Exchange completed a NIS 350 million secondary offering in January 2024. Bill Ackman and Neri Oxman acquired a 4.9% stake for approximately $25 million. Foreign investors now own more than half of TASE. The Palo Alto Networks–CyberArk transaction added a high-profile dual-listing precedent: per Palo Alto Networks investor releases, the company plans a secondary TASE listing under ticker "CYBR."
Underneath the listings sits a deep private fintech stack — payments, B2B finance, insurtech, blockchain, and embedded finance. Pagaya, Lemonade, Payoneer, and Forter are public; Rapyd, Melio, Tipalti, Bluevine, and StarkWare are private. Per Beinsure data, StarkWare alone holds an $8 billion valuation as the leading Israeli blockchain and zero-knowledge cryptography company.
Long-form reference entries in Fintech & Public Markets
StarkNet is the only Israeli-originated Ethereum Layer 2 with meaningful adoption. Its position in the broader L2 compet…
Fireblocks is the Israeli company most embedded in traditional financial institutions adopting digital assets. The MPC c…
The Bank of Israel's digital shekel program is among the most advanced CBDC efforts globally. The design choices being f…
The Bank of Israel's digital-shekel project is one of the more advanced central-bank digital currency (CBDC) programmes…
StarkWare is the most institutionally significant Israeli company in the crypto layer. Its zero-knowledge proof technolo…
Page 3 of 7

Camtek (Nasdaq: CAMT) — Migdal Ha'Emek semiconductor inspection and metrology company; a direct Israeli industrial beneficiary of the global AI comput…

Playtika (NASDAQ: PLTK): the largest publicly traded Israeli-founded gaming company, founded 2010 by Robert Antokol and Uri Shahak, threaded through C…

Israel's #3 bank. Founded 1935 by Leon Recanati (Salonika). FY2025 net income NIS 4.14B, ROE 12.6%. CEO Avi Levi. IDB Bank (US), Mercantile Discount (…

Pagaya Technologies (Nasdaq: PGY) — Tel Aviv AI-driven credit-underwriting and structured-finance platform; Israeli fintech-and-AI bridge to US capita…

The Israeli fintech cohort entered Q1 2026 substantially repriced and consolidated. Inside the public-equity roster, the 2025 M&A reset (Melio, Next I…

eToro's $4.3B Nasdaq IPO on May 14, 2025 reopened the Israeli fintech public-markets cycle. Inside the listing: the crypto-revenue driver, the post-20…

Outside the US, Canada, and China, no country has placed more companies on Nasdaq than Israel. The Israeli fintech cohort entered 2026 repriced and co…

The assumption that Israeli citizenship creates distance from foreign legal proceedings is no longer sufficient strategy. Cross-border enforcement arc…

The new wave of enforcement around crypto assets and the criminal exposure of the Israeli entrepreneur.