One Year Later, AFEX Closes Tel Aviv Offices

November 2, 2014 | The California-based non-bank provider of global payments and risk management solutions AFEX will close its Tel Aviv office, just a year after setting up operations in the White City. AFEX began operations in Israeli in August 2013, hoping to break into the bustling technology market in the country. Though it remains unclear why AFEX closed their office in Tel Aviv, the regulated cross-border transaction service maintains offices throughout North America, in the United Kingdom, Australia, New Zealand, Switzerland and more.