The infusion of capital comes on the heels of an $18.5 million round in April 2021, bringing the firm's total to $43.5 million to date,

TailorMed is a financial navigation firm that uses innovative software to guide patients through the healthcare industry.

Rapyd Ventures will work with startups after their seed round and through Series B that are looking to expand on existing market traction.

Group 11, the fintech venture capital firm headed by Israeli-American investor Dovi Frances, led the round.

Melio offers simplified account payables services to small and medium businesses in the US.

The BIRD Foundation approved new ventures in the fields of agtech, artificial intelligence, medical devices and communications.

Visa's innovation center in Tel Aviv was set up in 2018 to tap into Israel's fintech ecosystem.

Team8 Fintech will be led by a former president and CEO of Israel's largest bank, Leumi Group and the founder and president of Payoneer.

Salaryo's fintech platform provides digital business loans and lines of credit for small businesses and freelancers.

The Israeli fintech sector ranks 5th worldwide in investments, following China, the US, the UK, and India.

Fundbox raised $176 million in September with a number of investors including MUFG Innovation Partners, the corporate VC arm of Mitsubishi UFJ Financial Group.

The platform will give companies a suite of tools that includes client management, billing, e-invoicing, online scheduling, and email marketing.

The annual list looks at US-based companies making it easier, faster and cheaper to use financial services.

The two will also partner to provide Visa cardholders with more payment choices and flexibility through ChargeAfter.

Founded in 2013, BlueVine developed a banking platform that offers a number of products uniquely designed to help small- and medium-sized businesses.