
Navan (NASDAQ: NAVN), the Israeli-founded business-travel and expense-management platform, completed its Nasdaq IPO on October 30, 2025 at a $6.21 bil…
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…
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Navan (NASDAQ: NAVN), the Israeli-founded business-travel and expense-management platform, completed its Nasdaq IPO on October 30, 2025 at a $6.21 bil…

Lemonade (NYSE: LMND) — the AI-native insurance carrier co-founded by Daniel Schreiber and Shai Wininger. Israel's flagship insurtech on the NYSE, run…

Oddity Tech (Nasdaq: ODD) — the Holtzman siblings' Tel Aviv-based AI-native consumer beauty platform behind Il Makiage and SpoiledChild.

Nova Ltd. (Nasdaq: NVMI) — Rehovot semiconductor metrology company; one of two Israeli public companies most directly exposed to the AI compute capita…

Global-E Online (Nasdaq: GLBE) — Israeli cross-border e-commerce platform co-founded by Amir Schlachet, Shahar Tamari, Nir Debbi. Q1 2026: $1.74B GMV…

Nayax (Nasdaq: NYAX) — Herzliya payments-and-management platform for unattended retail. Q1 2026: $106.9M revenue (+32%), 1.5M+ connected devices acros…

eToro Group (Nasdaq: ETOR) — Israeli-founded multi-asset retail brokerage co-founded by Yoni Assia, Ronen Assia, and David Ring. Q1 2026 record: $258M…

Common law in English, a fintech-forward regulator, a real tax treaty, diplomatic neutrality, and direct-flight coverage of the region — Singapore is…

Payoneer Global (Nasdaq: PAYO) — Israeli-founded cross-border payments platform for the global SMB economy; ~5M customers across 190+ countries.