Fintech Firm Raises Millions To Aid Israelis After Terror Attacks

Global finance automation platform Tipalti says it has raised and donated 2.5 million shekels in humanitarian relief for Israelis affected by the October 7 terror attacks in the south of the country. 

Five charities will receive an equal share of the funds raised from the company, its employees, investors and online donors. 

The five charitable organizations are: 

Israid, which helps those caught up in a humanitarian crisis by partnering with local communities; Israel’s national emergency service Magen David Adom;  NATAL, the Israel Trauma and Resiliency Center; Shoresh Fund, which is providing immediate assistance to the victims of the attacks; and the United Hatzalah rescue service. 

“Tipalti stands with Israel and our Israeli employees at this difficult time. As a company with strong Israeli roots, our thoughts are with those impacted by the attacks,” said Chen Amit, the co-founder and CEO of the Herzliya-based company. 

“We thank our global Tipalti employees, customers, partners, investors, and friends who have been reaching out to us with heartfelt messages and offers of support,” Amit said. 

“We are thankful for the support we’ve been able to provide to those in need through the good work of these organizations and to do our part in supporting Israelis.”