Event JSON
{
"id": "b296a7af5f6e1b92a153e8718a5eb51e3c6db2341cc454f2d69e91bd6d440549",
"pubkey": "af947eb1ac2a94a86b48cbbda851396b8bcaa9aa59c9322e7c3da8264e0e9878",
"created_at": 1739266758,
"kind": 1,
"tags": [
[
"r",
"https://en.globes.co.il/en/article-israeli-fintech-firm-valuations-plunge-despite-strong-performance-1001501815"
],
[
"subject",
"Israeli fintech firm valuations plunge despite strong performance"
],
[
"published_at",
"1739273526"
],
[
"image",
"https://res.cloudinary.com/globes/image/upload/t_800X392/v1633532850/direct/shutterstock_1407910778_vyx3i0.jpg"
],
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"url https://res.cloudinary.com/globes/image/upload/t_800X392/v1633532850/direct/shutterstock_1407910778_vyx3i0.jpg"
],
[
"t",
"Israel:perspective"
],
[
"summary",
"The article discusses the decline in valuations of Rapyd, Melio, and eToro, three Israeli fintech companies, despite their continued growth in revenue and profitability. The companies' valuations have been cut in half, with Rapyd raising $300 million at a valuation of $3.5 billion, down from $8.75 billion in 2021. The article attributes this decline to the maturation of the fintech industry, with investors becoming more selective and demanding a clearer business model, positive cash flow, and a clear path to profitability."
]
],
"content": "nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpq4728avdv9222s66gew76s5fedw9u42d2t8ynytnu8k5zvnswnpuq7qxnev\nhttps://res.cloudinary.com/globes/image/upload/t_800X392/v1633532850/direct/shutterstock_1407910778_vyx3i0.jpg\n\"Globes\" examines why Rapyd, Melio and eToro have halved their valuations, even though revenue and profitability are growing.\nhttps://en.globes.co.il/en/article-israeli-fintech-firm-valuations-plunge-despite-strong-performance-1001501815",
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}
