Although Google now owns traffic and navigation app Waze, it is still an Israeli-run company. Sao Paulo, Brazil (South America’s largest city) is to use Waze to help manage the heavy traffic tackled by nearly 20 million people every day. … Continue reading →

Nine Israeli companies were among KPMG’s 100 most promising fintech companies for 2016.  They are Payoneer, Ourcrowd, Tipranks, Lemonade, Innovative Assessments, Paykey, Zooz, Blackswan and DMway http://www.globes.co.il/en/article-9-israeli-fintech-cos-make-kpmg-top-100-1001157610

Marius Nacht, co-founder of Israeli computer security firm Check Point, has raised $100 million for a new fund to invest in Israeli healthcare startups. He is hoping for the emergence of another Teva or the equivalent of a Check Point … Continue reading →

I reported previously (Sep 11) the completion of the revived Jezreel Valley railway. It is now fully operational, taking 50 minutes from Haifa to Beit She’an. Many travelers remember using the original line, until it was closed 65 years ago. … Continue reading →

Israeli startup Zirra uses Artificial Intelligence and machine learning to give investors increased chances of finding a winner. It uses public domain information such as valuation, competition, risk and success factors, employees, founders and insights from human experts. http://www.timesofisrael.com/zirra-combines-ai-human-experts-to-give-startup-investors-a-crystal-ball/

Jerusalem Mayor Nir Barkat and Transportation Minister Yisrael Katz have laid the cornerstone for the new $364 million, 173-acre Jerusalem Gateway business park. It will include nine 36-floor skyscrapers, business centers, hotels, and 70,000 square meters of leisure and cultural … Continue reading →

Israeli parking payment startup Pango has sold its American operations to US company Parking By Phone.  Pango’s technology and app will now be deployed across the US and Latin America. http://www.timesofisrael.com/israeli-smart-park-firm-pango-sells-its-us-operation/

The number of passengers on public transportation in Israel rose 7.2% in the first eight months of 2016. Bus usage was up 6.5% whilst railway use increased by 15.2%.  A one percent rise in public transportation use saves the Israeli … Continue reading →