Israeli Fintech Firm BondIT Raises $14.25M
By NoCamels Team October 29, 2017 < 1 minute
October 29, 2017 | The Israeli fintech company BondIT has raised $14.25 million through the Chinese investment firm Fosun, the company’s first in an Israeli financial company. BondIT, founded in 2012 and based in Herzliya, develops comprehensive analytics solutions for the fixed income market using data science and AI’s machine learning. Founder and CEO Etai Ravid said following the announcement last week that “the long-term vision of BondIT is to bring significant efficiency to the global bond markets through the application of artificial intelligence and data science.” Fosun will have representation on BondIT’s board.
Subscribe to NoCamels weekly newsletter and get our top stories