Finovate Alums Help Represent Fintech Innovation in Israel published an interesting, metric-based post on the tech scene in Israel. The post emphasized that while the country has a well deserved reputation as a “cybersecurity hotspot,” it is also true that “Israel’s tech ambitions and prowess extend much further.”

The salient statistic for me: 430—the number of fintech startups headquartered in Israel—is highly impressive, considering only 90 fintech startups existed in 2009.

With that in mind, here’s a look at some recent Israel-based Finovate alums who are helping make the country one of the world’s key locations for fintech innovation.

Our 14 Israel-based Finovate alums have raised more than $164 million in funding. Two alums—NICE Systems and Top Image Systems—are publicly traded on the Nasdaq, and two more— and TipRanks—have won Best of Show awards.


There’s no doubt the fintech in Israel is on the move. The country’s first fintech hub, The Floor, was launched in 2015, and as of March 2016 is now located at the Tel Aviv Stock Exchange. Writing about why fintech innovation is thriving in Israel, VentureBeat’s Avi Zeevi of Carmel Ventures highlighted a few key features:

  • Mastery of relevant technologies such as real-time analytics, cybersecurity, and risk management
  • Legacy of success creating a “startup ecosystem (with) massive amounts of knowledge”
  • The country has learned from other key global financial centers
  • Global financial institutions have a presence and have been investing in Israel
  • Israeli FIs “have always been open to innovation”

“All of this had led to a dramatic rise in investments in Israel fintech companies,” Zeevi wrote. “By addressing the needs of both developed and emerging markets, Israeli fintech will only continue to grow.”

Are you an Israel-based Finovate or FinDEVr alum that we overlooked? Send us an email at and we’ll update our roster.



Voitrax Captures and Organizes Voice, Text to Ensure Full Dodd-Frank Compliance

VoitraxThis post is part of our live coverage of FinovateFall 2015.

Coming to the stage next is the team from Voitrax.

The Voitrax platform captures voice, text, and other communication records and accurately organizes and stores them to ensure complete compliance with Dodd-Frank regulatory requests. The system uses a unique blend of advanced technologies to reconstruct swap trades. Our solution addresses the direct needs of Dodd-Frank 1.35a and 23.201-3.

Presenters: CEO Levi Orbach; COO Craig Eagle; CTO Moshe Rayman



Product launch: September 2015
Product distribution strategy: Direct to business (B2B); through other fintech companies and platforms

HQ: Jerusalem, Israel; New York City, New York
Founded: October 2015
Twitter: @VoitraxInc

Finovate Alumni News


  • “Finovate Debuts: Emailage Detects Fraud Through User’s Email Address”
  • “Finovate Debuts: FundAmerica Helps Crowdfunders Stay Compliant”
  • “TIO Networks Garners $1.7 Million From Secondary Stock Offering”

Around the web

  • CashStar names Katherine Edenbach as its new corporate controller.
  • E-SignLive by Silanis picked as a KMWorld Trend-Setting Product of 2015.
  • CIO cites Avoka’s win of most innovative customer solution during Citi’s demo day in London.
  • Aquiline Capital Partners reveals an investment in Fenergo, an Irish-client, lifecycle-management specialist.
  • Intuit to sell off Quicken with no plans to divest Mint or Mint bills.
  • Holvi launches app for iOS and Android.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

FinovateFall Sneak Peek: Voitrax

VoitraxHomepageThe Sneak Peek series looks at the innovators demoing live on stage at FinovateFall 2015. Be sure to pick up your tickets to our annual autumn conference, and we’ll see you in New York!

VoitraxLogoVoitrax is the only complete solution to comply with Dodd-Frank trade reconstruction requirements. It links and tags all of your trade communications exactly as regulators want them.


  • Unified communications ready for regulatory reporting as they happen
  • Ability to identify suspicious transactions in real time
  • A complete Trade Reconstruction solution, simplified and delivered

Why it’s great
Voitrax solves one of the toughest requirements in Dodd-Frank. We use a proprietary algorithm to index and tag all of your communications.


Levi Orbach,CEO, Co-founder
Orbach has more than 25 years of Wall Street experience. Mr. Orbach is one of the world’s leading experts in compliance.

VoitraxPresenter2Craig Eagle, COO, Co-Founder
Eagle is a renowned technology and project-management expert who has produced cutting-edge software for many Fortune 500 companies including some of the world’s largest banks.

Moshe Rayman,CTO, Co-FounderVoitraxPresenter3
Rayman is a Wall Street technology veteran of more than 20 years, with vast experience in developing real-time systems for the trading floor.