Bank Hapoalim

Banking Veteran Steven Caligor Joins Greystone as Senior Managing Director, Structured Finance

Retrieved on: 
Monday, January 8, 2024
Acquisition, Structured finance, Senior, Signature Bank, Bank Hapoalim, Bank Leumi, History, BHI, Financial services

NEW YORK, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Greystone , a leading national commercial real estate finance company, announced that banking industry veteran Steven Caligor has joined the firm as a Senior Managing Director of Structured Finance.

Key Points: 
  • NEW YORK, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Greystone , a leading national commercial real estate finance company, announced that banking industry veteran Steven Caligor has joined the firm as a Senior Managing Director of Structured Finance.
  • In this new role, he will focus on managing and expanding client relationships and channels of loan origination for Greystone within the banking sector.
  • “This is an exciting new challenge for me to leverage my commercial banking, real estate, and healthcare experience within Greystone’s diverse product platform,” said Mr. Caligor.
  • “The banking sector is invaluable to private lenders like Greystone and there is so much opportunity for new avenues of capital access, client acquisition and financial partnerships.

Nayax Completes Acquisition of Retail Pro International

Retrieved on: 
Thursday, November 30, 2023
Tiberius, POS, Point of sale, Software, Acquisition, Bank Hapoalim, Name, Tier 1

HERZLIYA, Israel, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Nayax Ltd. (Nasdaq: NYAX; TASE: NYAX), a global commerce enablement payments and loyalty platform designed to help merchants scale their business, today announced that it has completed the acquisition of Retail Pro International (“Retail Pro”), a global leader in retail Point of Sale (“POS”) software with Tier 1 global brand names across the world.

Key Points: 
  • HERZLIYA, Israel, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Nayax Ltd. (Nasdaq: NYAX; TASE: NYAX), a global commerce enablement payments and loyalty platform designed to help merchants scale their business, today announced that it has completed the acquisition of Retail Pro International (“Retail Pro”), a global leader in retail Point of Sale (“POS”) software with Tier 1 global brand names across the world.
  • “Today’s closing of the Retail Pro International acquisition marks the beginning of our journey to accelerate the scale in our attended retail business and rapidly expand our global reach by tripling our distribution network,” said Yair Nechmad, Nayax Chief Executive Officer and Chairman of the Board.
  • For the fiscal year 2022, Retail Pro generated approximately $14 million in adjusted revenue and approximately $4 million in Adjusted EBITDA.
  • The transaction is expected to deliver both revenue and cost synergies from optimizing the combined operations of Nayax Retail and Retail Pro.

Greystone Arranges $425 Million Construction Loan for Long Island City’s Tallest Residential Tower

Retrieved on: 
Wednesday, June 21, 2023
Yoga, Israel Discount Bank, Heart, BBQ, Bank Hapoalim, Housing, M&T Bank, Orchard, Bank of China, Discounting, City National Bank, AMI, Project, Bank, Hotel, U.S. Bancorp

Upon completion, the property will be the tallest residential tower in Long Island City, featuring 824 residential apartments, 207 parking spaces, over 100,000 square feet of world-class amenities and 13,000 square feet of above-grade retail space.

Key Points: 
  • Upon completion, the property will be the tallest residential tower in Long Island City, featuring 824 residential apartments, 207 parking spaces, over 100,000 square feet of world-class amenities and 13,000 square feet of above-grade retail space.
  • Greystone Capital Advisors’ Drew Fletcher, Paul Fried and Bryan Grover served as exclusive advisors in arranging the financing on behalf of BLDG.
  • “BLDG is thrilled to grow its long-standing relationship with Greystone through this market-leading transaction,” said Lloyd Goldman, Founder and President of BLDG.
  • We are also incredibly thankful to our trusted lending partners for their support and confidence despite the exceptionally challenging credit environment.”

The Tel Aviv Stock Exchange and The Israeli Ministry of Finance Successfully Completed the Project Eden Proof of Concept - Issuing A Government Digital Bond on A Dedicated Blockchain Platform

Retrieved on: 
Tuesday, June 6, 2023
Shekel, Finance Division, Treasury, Blockchain, Ministry of Finance, POC, JPMorgan Chase, Partnership, Tel Aviv Stock Exchange, Bank Mizrahi-Tefahot, Senior, Financial system, Dapp, EVP, Security, Security token, Start-up Nation, DLT, Bank Hapoalim, Accountant, Deutsche Bank, Community business development corporation, VMware, Ministry, Goldman Sachs, BNP Paribas, TEL, Settlement, Live, MOF, Risk, TASE, First International Bank, Bank, Merrill (company), Ministry of Finance (India), Bank Leumi, Global financial system, Barclays, Cryptocurrency, Financial services, Project Eden

Project Eden is a unique project led by TASE in close partnership with the Israeli Ministry of Finance.

Key Points: 
  • Project Eden is a unique project led by TASE in close partnership with the Israeli Ministry of Finance.
  • The blockchain used for this PoC was EVM-compatible, enabling potential integration with other blockchain solutions in the future.
  • Project Eden also introduced a digital Payment Token as a fundamental component of the settlement process.
  • Ittai Ben Zeev, TASE CEO: "Project Eden is very important for the Tel Aviv Stock Exchange.

Tel Aviv Stock Exchange Selects CardinalOps to Reduce Risk of Breaches Due to Undetected Attacks

Retrieved on: 
Thursday, June 1, 2023
HSBC Bank, Software as a service, Bank Hapoalim, Tel Aviv Stock Exchange, Noise, Gartner, IBI, CISO, MITRE ATT&CK, Research, SOC, Barclays, ES, Organization, Security operations center, Jefferies Group, Bank Leumi, Risk, TASE, Entrepreneurship, Merrill (company), Citibank, HSBC (United Kingdom), Bank, ESG, CK, MITRE, ATT&CK, Conference, Automation, National Harbor, Maryland, Risk management, MD, Excellence, Meitav, Splunk

TEL-AVIV, Israel and BOSTON, June 1, 2023 /PRNewswire/ -- CardinalOps, the detection posture management company, today announced that the Tel Aviv Stock Exchange (TASE) has deployed the CardinalOps platform to continuously audit and remediate detection coverage gaps in its Splunk Enterprise Security (ES) instance, thereby reducing the risk of undetected attacks in its Security Operations Center (SOC).

Key Points: 
  • ; and Israeli and foreign investment firms such as Jefferies LLC, Merrill Lynch International, and UBS Securities Israel Ltd, Excellence, Meitav, IBI and more.
  • "CardinalOps delivers the strategic expertise and automation we need to ensure our SOC is operating at maximum effectiveness and efficiency," said Gil Shua, CISO, Tel Aviv Stock Exchange.
  • CardinalOps will be demonstrating its detection posture management platform at the Gartner Security & Risk Management Summit (June 5-7, National Harbor, MD, Booth #261).
  • The CardinalOps SaaS platform helps address these challenges by continuously analyzing the firm's Splunk-ES instance and delivering high-fidelity detections to maximize its effectiveness.

De-Risking the Future: kWh Analytics, Arava Power, Paz Oil, Menora Mivtachim and Nomura Partner on Solar Investment

Retrieved on: 
Tuesday, February 21, 2023
Oil, Gas, Retail, Semiconductor, Alternative Energy, Energy, Climate Change, Insurance, Technology, Finance, Banking, Professional Services, Environment, Asset Management, Other Retail, Other Technology, Utilities, Bank Hapoalim, Trust, Professional, Policy, Paz Oil Company, Partnership, Arava Power Company, Electricity, Growth, BHI, Kilowatt-hour, Siemens Financial Services, Insurance-Linked Securities (ILS), Siemens, Nomura, Risk management, Renewable energy

Arava Power, Paz Oil and Menora Mivtachim utilized the Solar Revenue Put from kWh Analytics to de-risk their solar investment in the United States and enhance the project’s financial success.

Key Points: 
  • Arava Power, Paz Oil and Menora Mivtachim utilized the Solar Revenue Put from kWh Analytics to de-risk their solar investment in the United States and enhance the project’s financial success.
  • The Solar Revenue Put is an insurance policy covering solar production to provide protection against downside risk.
  • “The Solar Revenue Put is a game-changer, offering an uplift in return on investment and reducing the risks associated with solar performance.
  • “We are proud to have achieved financial closing on the exceptional Project Sunray, together with our remarkable partners, Paz Oil and Menora Mivtachim,” said Arava Power CEO, Ilan Zidkony.

Nayax Announces Nayax Capital

Retrieved on: 
Tuesday, January 10, 2023
APR, Bank Hapoalim, Somatosensory system, Nova, Friction, TASE, Online shopping, Bank, Nayax

Nayax customers can now check out on Nayax's e-commerce shop and receive VPOS Touch or Nova Market solutions using one of Nayax Capital’s financing plans, customized for each buyer.

Key Points: 
  • Nayax customers can now check out on Nayax's e-commerce shop and receive VPOS Touch or Nova Market solutions using one of Nayax Capital’s financing plans, customized for each buyer.
  • Nayax Capital is a joint venture between Nayax and Bank Hapoalim, a leading bank in Israel and Alon Feit, formerly the founder of Splitit.
  • The objective of Nayax Capital is to become Nayax's financing arm and embedded finance partner, offering financing and capital solutions to Nayax customers.
  • Financing offers are subject to approval by Nayax Capital.

GPARENCY Hires Avi Beneson as First CFO to Handle Increasing Company Revenue

Retrieved on: 
Thursday, August 11, 2022
Contract, Bank Hapoalim, Defense Finance and Accounting Service, BHI, CFO, Industry, CEO, Avi, SOX, Forecasting, Growth, 404, Bank

HOWELL, N.J. , Aug. 11, 2022 /PRNewswire/ -- GPARENCY, one of the nation's premier commercial mortgage brokerages, has been experiencing exceptional growth. They have seen a positive shift towards larger funding requests, recently closing hundreds of millions of dollars in deals – including a $39M deal. GPARENCY had their third best month for contracts signed in July and are preparing to launch new proprietary technology. In addition, they are adding to their team of 70+ employees and are about to launch a training and recruiting program.

Key Points: 
  • GPARENCY had their third best month for contracts signed in July and are preparing to launch new proprietary technology.
  • GPARENCY's recent surge in revenue and new initiatives prompted the company to begin expanding its staff, with the goal to reach over 100 people, and to hire their first Chief Financial Officer (CFO), Avi Beneson.
  • "I am thrilled to be joining an amazing team led by Ira Zlotowitz as we push the commercial mortgage brokerage business into the future," Avi Beneson said.
  • Founded in November, 2021, the company has attracted national attention for its disruptive pricing structure and reputation for closing complex deals.

ISF Raises $312 Million for a 3rd Secondary Fund Focusing on the Israeli High-Tech Market

Retrieved on: 
Monday, June 13, 2022
Financial management, CFO, Initial public offering, ISF, Policy, Evergreen, WSC, Investment, Glass, Samsung, Growth, SolarEdge, Tel Aviv University, Technology, TEL, Bank Hapoalim, Migdal (company), Israel Corporation, Fund, General partnership, Financial services, Security (finance), Bank, Vertex, Mervin F. Verbit

The Fund is backed by major institutional investors from Israel, Europe, and the U.S.

Key Points: 
  • The Fund is backed by major institutional investors from Israel, Europe, and the U.S.
    TEL AVIV, Israel, June 13, 2022 /PRNewswire/ -- ISF (Israel Secondary Fund) announced today that it has raised its 3rd fund totaling 312 million dollars.
  • In 2017, ISF raised its 2nd fund of 100 million dollars and currently manages over half a billion dollars focused on secondary transactions in the Israeli technology market.
  • ISF (Israel Secondary fund) is a leading technology-focused secondary fund headed by Dror Glass, Nir Linchevski, and Eva Hubsman.
  • Nir Linchevski, a Managing Partner at ISF, adds: "ISF has played a crucial role in Israel's secondary market evolution.

ISF Raises $312 Million for a 3rd Secondary Fund Focusing on the Israeli High-Tech Market

Retrieved on: 
Monday, June 13, 2022
Financial management, CFO, Initial public offering, ISF, Policy, Evergreen, WSC, Investment, Glass, Samsung, Growth, SolarEdge, Tel Aviv University, Technology, TEL, Bank Hapoalim, Migdal (company), Israel Corporation, Fund, General partnership, Financial services, Security (finance), Bank, Vertex, Mervin F. Verbit

The Fund is backed by major institutional investors from Israel, Europe, and the U.S.

Key Points: 
  • The Fund is backed by major institutional investors from Israel, Europe, and the U.S.
    TEL AVIV, Israel, June 13, 2022 /PRNewswire/ -- ISF (Israel Secondary Fund) announced today that it has raised its 3rd fund totaling 312 million dollars.
  • In 2017, ISF raised its 2nd fund of 100 million dollars and currently manages over half a billion dollars focused on secondary transactions in the Israeli technology market.
  • ISF (Israel Secondary fund) is a leading technology-focused secondary fund headed by Dror Glass, Nir Linchevski, and Eva Hubsman.
  • Nir Linchevski, a Managing Partner at ISF, adds: "ISF has played a crucial role in Israel's secondary market evolution.