Israeli FinTech sector experienced a record-breaking first half of 2021 in terms of VC investments. Israeli companies raised $2.3B in the first half representing a staggering 260% increase over H1 2020 funding. FinTech made up 19% of the total funding in Israeli innovation technology companies during H1, which amounted to $12.2B. The rise in exists can be linked to the US Federal Reserve’s monetary policies, which promoted cash influx to financial markets, leading to a surge in public capital market activity.
Source: https://www.helpnetsecurity.com/2021/07/27/israeli-vc-funding/