Category: Finance

Early-stage Israeli venture capital firm AnD Ventures has closed its first fund at $70 million, exceeding its initial target of $50m. The firm aims to continue investing in early-stage Israel-based founders and has already invested in 10 companies, including Connected Insurance, Onebeat and InfiniGrow. AnD Ventures, founded by Lee Moser, Roy Geva Glasberg, and Ariel […]

ISrael’s Consumer Price Index rose 0.8% in April, nearly twice as high as the forecast, the Central Bureau of Statistics reported Monday. The year-over-year inflation rate remained steady at 5%, the same as in March, it said. The CPI measures the monthly change in prices paid by consumers for a basket of goods and services […]

As the days get warmer and summer vacation gets closer, here are some interesting facts about travel that you may not have known. First, about 72% of Europeans plan to travel between the months of April and September this year. And while leisure remains the main reason for travel (69%), there’s been a decrease of […]

In response to a wave of scam calls plaguing WhatsApp users, the popular messaging company has issued a statement outlining its efforts to combat the fraudulent activities. The scams involve individuals receiving calls from fake international numbers, causing concern and confusion among users. WhatsApp has implemented spam detection technology to identify and take action against […]

Long-term financial goals are an essential part of financial planning. They help you define your aspirations and create a roadmap for achieving them. Long-term goals aren’t easy to achieve. But why? Could it be that motivation wanes over time? Perhaps external circumstances change. Maybe it has to do with the feasibility of the goals. Many […]

Transparency around funding for financial inclusion is a critical building block for effective funder decision-making and coordination, and potentially for impact.  For individual funders, tracking and measuring funding commitments makes it possible to set and assess their strategies, identify opportunities and risks, and coordinate with other funders and partners. For the broader sector, making this […]

Individual Retirement Accounts (IRAs) are an excellent way to save for retirement. There are several types of IRAs, each with its own rules and benefits. In this article, we will focus on Contributory IRA and discuss its features, advantages, and disadvantages. A Contributory IRA, otherwise known as a traditional IRA, is a retirement savings account […]

What is a fixed deposit, and how it works? A fixed deposit (FD) is a type of savings account offered by banks and financial institutions where you can deposit a lump sum of money for a specific period of time, typically ranging from 7 days to 10 years. The money deposited in the FD earns […]

In today’s world, it’s important to find a job that not only pays well but also lets you enjoy your life outside of work. To achieve this, it’s essential to have valuable skills that people need so much that they are willing to give you the conditions you need to live freely. In this article, […]

During periods of high inflation rates and downward trends, investors may feel apprehensive. However, there are low-risk investment that offer high yields, to help protect your capital in uncertain times. Investing well is about balancing risk and reward. The unprecedented challenges facing the world economy have many savers looking to reduce their exposure to risky […]