Fintech, a portmanteau of financial technology, denotes companies leveraging novel technologies to challenge traditional financial methods in delivering services.
By ARIEL SHAPIRA APRIL 2, 2024
MPE startup competition Judges
Israeli fintech firms have earned a stellar reputation for birthing startups that have grown into unicorns, including Forter, Riskfied, Rapyd, Papaya Global, Payoneer, and more.
Fintech, a portmanteau of financial technology, denotes companies leveraging novel technologies to challenge traditional financial methods in delivering services.
The MPE conference, short for Merchant Payments Ecosystem, held annually in Berlin, serves as a magnet for tech companies, solution providers, major merchants, and industry experts. This year we have witnessed a notable presence of Israeli companies, with three Israeli startups making it to the final startup pitch.
Alsomine is an innovative gift card issuance platform and wallet, pioneering the digital transformation of the gift card industry, by leveraging the power of blockchain.
Crymbo is an orchestration platform that makes fragmented TradFi, CeFi & DeFi infrastructure talk to each other with a single API.
Ballerine helps global payment companies and marketplaces with onboarding, underwriting, and the ongoing management of risks associated with their merchants, sellers, transactions, and products.
Keren Aviasaf, Co-Founder & CEO at Worx Payments who was one of the three judges in the startup's completion commented on the pitches:
"This is the fifth year that I have been a judge in the innovation corner at the MPE conference, the entire team of judges unanimously agreed that this year more than ever we saw innovative startups with unique solutions that are already working among customers.
Data analytics, embedded finance, fraud prevention, simplified payments. this year startups competing in the Merchant Payments Ecosystem Innovation Hub brought fresh perspectives and modern, environmentally conscious solutions on the stage, promising a bright future for the payment ecosystem
Also it was impressive how many of the finalists and major companies were representing Israeli startups, more so than ever, it's our unique footprint on the global economy."