Israel is showing once again that it is a hotbed of fintech innovation. We present four Israeli fintech startups that deserve particular attention. Analytics and security, traditional strengths of the Israeli startup community, are at the forefront here. Our roundup is based on presentations at the recent MIXiii conference in Israel. CredFi. Funded by Battery Ventures, CredFi is trying to crack the lack of transparency in the commercial real estate finance market – a $3 trillion space — using big data and analytics. The opacity of the real estate market is still a sore point from the credit crisis. CredFi will provide data for equity owners and lenders, financial institutions (which provide credit to this market), hedge funds and other investors. Investment in real estate is heating up again after a long slow period. All of these customers are looking for comprehensive data delivered in a simple way in order to evaluate properties and their associated risks. For certain customers, the data will be as simple as scoring, while more complex data will be available to more sophisticated users. PayItSimple. Recently introducing a solution providing an installment method of payment for credit cards, PayItSimple addresses a unique problem: currently, credit card payments in most Western countries […]
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