Israel’s reputation as a technology powerhouse is well established, but its role in shaping the future of fintech is generally overlooked compared to its reputation in cybersecurity and agricultural technology. Many Israeli companies are solving complex problems in the financial ecosystem ranging from fraud prevention and credit risk to corporate expense management and blockchain infrastructure.
One area where Israeli innovation has made a strong impact is online fraud detection. As e-commerce continues to grow, so does the sophistication of fraud schemes. This is where companies like Riskified are applying artificial intelligence to make a measurable difference. By analysing transactions in real time and using machine learning models trained on large datasets, Riskified helps merchants distinguish legitimate purchases from fraudulent ones. While its headquarters are in New York, its foundations lie within Tel Aviv and houses much of the technical talent that drives the platform’s development. For retailers facing increasing pressure to reduce chargebacks and approval errors, the company offers a scalable, automated approach to risk management.
Credit underwriting is another domain seeing change, especially as traditional credit scores struggle to capture the full financial picture of many consumers. Pagaya, for instance, is using AI to give financial institutions a more nuanced view of individual creditworthiness. Working with partners like Ally and Visa, Pagaya’s platform analyses a broad range of data points that provides crucial information beyond a typical credit report, producing a more holistic risk assessment. This allows lenders to make more informed decisions and potentially serve customers who might otherwise be overlooked by conventional systems.
Meanwhile, managing business expenses and travel logistics remains a persistent challenge for companies, especially in the post-pandemic workplace where flexibility and efficiency are key. Navan, originally launched as TripActions, addresses this need with a platform that brings together corporate travel booking, expense tracking, and reimbursement tools in one system. Employees can manage their own travel while finance teams maintain oversight through real-time analytics and controls. It’s a practical solution for organisations looking to streamline back-office operations without sacrificing visibility or compliance.
In the world of crypto and decentralised finance, infrastructure continues to be a critical bottleneck especially when it comes to more complex techniques like staking. Staking is a process that involves locking up one’s digital tokens to support the operations of a blockchain network and earn rewards in return. SSV Labs, an Israeli-founded startup, is developing tools that allow users to securely stake their tokens across multiple blockchain protocols. Through its Distributed Validator Network, SSV enables secure key management and validator coordination, which is essential for staking and more advanced forms of decentralised participation. It’s a technical but important step toward a more interoperable and resilient blockchain ecosystem.
These companies reflect a broader trend in Israeli fintech: the focus is not just on what’s possible, but what’s useful. Whether it’s making online commerce safer, credit access fairer, business operations smoother, or blockchain more scalable, the common thread is a commitment to practical problem-solving through technology.
As financial services continue to evolve globally, Israeli-founded fintech companies are playing an increasingly important role in shaping the tools and infrastructure that support this transformation. For institutions, investors, and businesses looking to collaborate, partner, or learn more about the fintech landscape emerging from Israel, there are valuable opportunities to explore.
To find out more about the companies mentioned or to connect with other innovative fintech firms coming out of Israel feel free to reach out at lachlan.corne@israeltrade.gov.il
Websites:
Riskified: https://www.riskified.com/
Pagaya: https://pagaya.com/
Navan: https://navan.com
SSV Labs: https://ssvlabs.io/
israeltrade.org.au 