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Israeli fintech unicorn Rapyd laying off 30 employees in Israel
Tech company fires 30 workers in Israel in a bid to copy their positions over to South America and Europe in order to reduce costs
Meir Orbach/Calcalist | 06.18.24
Dovi Frances (right) and Eynat Guez
Investor Dovi Frances to sell Papaya Global shares at loss, co-founder Guez says she'll buy
Frances offers to sell his 2.8% stake in the company for $12.5 million, dropping Papaya's valuation to approximately $444 million, a stark contrast to its previous funding round valuation of $3.7 billion; he objects to Guez's decision to withdraw company funds from Israel
Sophie Shulman | 08.29.23
Vesttoo CEO Yaniv Bertele
Israeli fintech firm Vesttoo faces probe for multi-billion-dollar fraud
Initial inspection suggests that the billions of dollars in collateral presented by Vesttoo were fraudulent, as several executives recently retired from the company in the wake of the scandal
Meir Orbach, Calcalist | 07.18.23
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