Israeli Fintech Startup Fundbox Raises $40M

March 19, 2015 | Israeli startup Fundbox, which developed a cash flow optimization tool for small businesses, has raised $40 million in a financing round led by General Catalyst Partners. Fundbox advances thousands of invoices weekly, offering small business owners the ability to optimize their cash flow by advancing payments for unpaid invoices. The company was founded in 2012 by fintech veterans Eyal Shinar, Tomer Michaeli and Yuval Ariav.