Rafi Segev

Free POS installment-  fast, easy, simple , no customer onboarding and no technology hassle. Yes, it is possible! Actually, it I already working! Almost 100% of the Israeli use it (compare to Time magazine claim that 42% of American consumers have used it at least once) Originating in the Israeli market, this installment payment model has been available for decades, offering customers the flexibility to choose even 12 free installments (=months). But how does it operate, and why the Israeli solution generates the highest market efficiency? The customer journey is straightforward: at the checkout, whether in a local neighborhood supermarket or elsewhere, the cashier prompts the customer to consider splitting the payment. After the customer selects the desired number of installments – 2,4, and so forth - the cashier processes the transaction, and the customer enjoys interest-free installments. Behind the scenes, the merchant initiates the transaction by capturing the full transaction amount from the credit card balance, akin to a J5 transaction. However, the merchant only receives the relevant installment. Likewise, when the card issuer bills the customer, it charges solely the relevant installment, thus incrementally releasing the balance held for the transaction until all installments are completed. While merchants typically opt to accept only the relevant installment, those desiring immediate payment can leverage a factoring company, for a relatively modest discount rate, facilitates upfront crediting of the full transaction amount to the merchant, with the factoring company subsequently entitled to receive future payments. What renders this solution supremely efficient? 1  Minimal customer acquisition/onboarding costs: any customer can elect to split payments using any Israeli credit card. 2  Economy of scale favor merchants seeking to expedite future payments, resulting in markedly lower discount rates compared to consumer credit rate. 3  The risk assumed by factoring companies is nearly negligible. These entities advance payments to merchants without extending credit directly to consumers, thus holding an asset against which provisioning may not even be requisite. This minimal risk translates into substantially low discount rates. So, without intending to, the Israeli payment market has advanced the global BNPL while creating the highest market efficiency, so that the entity which can obtain the lowest credit cost is the one that barging for it. It's a win-win-win scenario: merchants amplify their purchasing power and sales, acquirers (often doubling as factoring providers) reap greater rewards than mere acquiring fees, and customers relish the benefits of free credit. While one might ponder who stands to lose, it appears that issuers bear the brunt, foregoing opportunities to market expensive consumer credit to consumers…

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My co-founder Haja and I have been working in start-ups (which are SMEs) for a while now. We've experienced the highs of raising funds and securing large customers and we've experienced the lows of companies folding and the loss of income. What has been a constant is that, these companies could've potentially survived, if they possessed an impartial guide, like a GPS for their business. What if we actually had a proper way to analyze our data that didn't cost an absolute bomb? Could we have avoided the mistakes that cost us? This was the conversation between Haja and I when we met to start Pantherpulse. Why are SMEs relinquishing control of their data to large MNCs who charge millions to do simple analysis? What if SMEs could have someone do the one thing that would absolutely help guide them making business decisions? Taking their data and analysing it, with them in control of all of it? That's how we started. I'll spare you all the possibly boring technical details of me tinkering with various LLMs, sample datasets and RAG-ing the heck outta existing LLMs but that's what I did. So now, we've launched. Out of the shadows like a panther. The next bit is hard. The next bit is going to be painful. I'm not going to be delusional and say I'm not afraid; I absolutely am. That being said, it is my sincere belief that Pantherpulse will help SMEs and SME owners make critical decisions based on data. We'll be the GPS to your business with your data. Let us take you to your goal.

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Have you ever experienced hidden costs in cross border payments? We're pretty sure the answer is yes! Unpredictability is a common weak spot in the payments industry, according to Aviv Amar from our Business Development team. At Neema - Better Than a Bank, we believe in full transparency. Here's what that means for our clients: Fixed Exchange Rates: Many transfer methods determine the FX rate based on when funds are received by the beneficiary, exposing you to currency fluctuations, especially in cases of prolonged transfer times. At Neema, the exchange rate is set at the time of sending. No surprises, no currency risk. No Hidden Fees: With other services, you might face additional deductions from beneficiary banks or correspondent banks. With Neema, what you send is what your recipient receives. No unexpected costs or deductions. Transparency is more than just clarity—it's about empowering you to make informed decisions and ensuring your money reaches its destination as intended. Experience clarity and confidence with every transfer. DM us to schedule a meeting and discover how Neema can optimize your international payments. 🌐 https://lnkd.in/dFFSW5Qz #Transparency #HiddenCosts #FXrate #fintech #crossborderpayments

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Take a look at this picture. It was taken today at our Salesforce offices in Tel-Aviv. It shows a few dozens of Salesforce Israel employees in one of our regular all-hands meetings. What's so special about that? Well, that picture was taken exactly 36 hours after Iran launched a massive aerial strike against Israel with 100s of UCAVs, ballistic and cruise missiles carrying about 60 tons(!) of explosives. Thanks to the Israeli Air force, the air forces of the US, UK, France, Jordan and others *and* Israeli innovation and engineering talent who developed the most advanced multi-layered air defense systems in the world - luckily that attack ended up with relatively low impact. It was a sleepless night for all us in Israel who got an advanced notice of the attack and basically spent that night bracing for impact. Now take another look at this picture. 36 hours later - People showing up at the office, talking to each other, having a few laughs, having meetings, discussing deadlines, solving business problems, discussing engineering problems, doing demos, having coffee and lunch together, having an all-hands meeting together. 36 hours ago we were bracing for impact of 60 tons of explosives that were about to fall out of the sky. Take another look at this picture - This is how resilience looks like. You can count on us. We deliver. No matter what. https://lnkd.in/eXSvz3xv

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Today, in our #StartupHighlight, we're excited to showcase an innovative #FinTech startup from #Israel that's revolutionizing online payments with cutting-edge fraud prevention solutions to safeguard merchants worldwide! FUGU - Every Payment Counts Risk LTD, based in #TelAviv, Israel, offers innovative solutions in payment fraud prevention and chargeback liability, helping online merchants safely accept transactions and minimize losses due to fraud. FUGU employs a multi-tier self-learning fraud #prevention solution that tracks payments post-checkout. This technology addresses the problems of #fraud, false declines, and payment churn, providing #online merchants with a #reliable way to manage risks and increase transaction acceptance. By covering a wide variety of risk patterns and payment models, FUGU addresses #inefficiencies overlooked by other solutions, helping merchants #optimize revenue. FUGU's unique value proposition lies in its post-payment risk #monitoring system, which analyzes transactions and user interactions over time. This allows #merchants to make informed decisions, reducing false declines by 60% and identifying 50% of fraud that other systems miss. FUGU's dashboard offers a #comprehensive approach to risk management, integrating payment monitoring, KYC automation, and chargeback management. For business inquiries, contact Amir Sadras, CEO, at FUGU - Every Payment Counts's website. https://lnkd.in/eVdfUhd9. Visit their site to explore how FUGU can secure your transactions and enhance your business. #FinTech #eCommerce #FraudPrevention #PaymentSolutions #Innovation #StartupHighlight with Founders Lair! We spotlight innovative startups regularly. Want to be featured? Apply to our #MediaExposure https://flair.ly/r/7de03a initiative for thriving startups and boost your success. Apply now!

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🚨 24-hour countdown! 🚨 Tomorrow, we're pulling back the curtain on how Israeli startups can ace #SOC2 compliance without breaking a sweat. And it’s all happening in Hebrew! Ready to see how Scytale can transform your compliance game? Join us for a live demo with Matan Ephron, our compliance solutions consultant, who’ll walk you through: • The must-know secrets of SOC 2 compliance for Israeli companies • A foolproof roadmap to SOC 2 compliance • A live tour of our platform that automates the SOC 2 process  • Expert tips on how we handle your audit-readiness from start to finish Don’t miss this chance to get ahead of the game. Set your alarms and get ready to level up your compliance game with us. 🚀 See you tomorrow! Register here: eu1.hubs.ly/H0cm8sn0

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In a recent interview with Walla, I discussed the crucial topic of safeguarding business data, emphasizing the significant impact of even minor errors by employees on an entire organization. I highlighted key aspects of data security and drew parallels to the largest data breach in history, underscoring its profound implications. #DataSecurity #BusinessProtection #CyberSecurity

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Finaloop’s $35M funding round will change e-commerce! 📈 • 💸 Finaloop raised $35M in Series A funding, led by Lightspeed Venture Partners. • 📍 Based in New York with R&D in Tel Aviv. • 👨‍💼 CEO Lioran Pinchevski, former PwC accountant, founded the company. • 📊 E-commerce projected to surpass $6T in sales this year. • 🛠 Finaloop offers automated bookkeeping and inventory management. • 💰 SaaS pricing starts at $65/month, with options for tax solutions. • 🚀 Customer base grew by 400%, managing $13B in GMV. • 🌐 Integrates with Amazon, Walmart, TikTok, and more. • 📈 Positioned as a critical tool for small e-commerce businesses. ~~~ ✍️How will Finaloop’s $35M funding impact e-commerce? ♻️ Reshare if this resonates with you. 💌 Subscribe to MarketMaze for more insights. Link in bio. #Finaloop #ecommerce #accounting

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Payoneer to Acquire Skuad for $61 Million Payoneer is acquiring HR platform Skuad. The deal is set to close for $61 million in cash and may include an extra $20 million in contingent funds and restricted stock units, depending on conditions. Payoneer plans to integrate Skuad’s payroll and contract management solutions into its own offerings. Hours after I published a piece highlighting summer acquisition activity in fintech, I woke up to this news: global digital commerce company Payoneer announced today that it has acquired HR platform Skuad. While the purchase is slated for $61 million in cash, it could close for as much as $81 million. That’s because Payoneer may also pay an additional $10 million, contingent on Skuad’s performance metrics, and offer $10 million in restricted stock units, depending on key employee vesting. “To accelerate our evolution and B2B momentum, we are excited to announce the acquisition of Skuad and welcome to Payoneer the talented entrepreneurs who share our vision of supporting global SMBs,” said Payoneer CEO John Caplan. “We are combining the strength and reach of Payoneer with Skuad’s comprehensive global workforce and payroll solutions to create a powerful platform that will enhance our customers’ ability to expand their teams worldwide and grow globally.” Skuad was founded in 2019 to help businesses automate payroll management, local compliance, and taxation of their employees. The Singapore-based company, which has raised $19 million, helps businesses compliantly hire employees across more than 160 countries. Skuad also assists its clients in global payroll, allowing their employees to receive payment in their choice of 100+ currencies. Founded in 2005, Payoneer offers multi-currency accounts and payment services to two million businesses across 190 countries. With a mission to “democratize access to financial services and drive growth for digital businesses of all sizes from around the world,” Payoneer helps users pay, get paid, and manage funds on a global scale. The company also offers working capital– providing advances to Amazon and Walmart sellers, as well as to small businesses. Payoneer, which plans to integrate Skuad’s payroll and contract management offerings into its own, announced the acquisition of Skuad in an earnings announcement this week. Also during that call, Payoneer revealed a record revenue of $240 million, which is up 16% from last year’s figure. “Twenty-five percent of Payoneer’s B2B customers are asking for enhanced workforce management capabilities, including payroll, employer of record and contractor management capabilities — so there is significant cross-sell potential with this acquisition,” the company said in a news release. Payoneer went public via a SPAC merger with FTAC Olympus Acquisition Corp. in 2021. The company listed on the NASDAQ in June of that same year under the ticker PAYO and has a current market capitalization of $2.41 billion. Photo by Pixabay Th...

Are you looking for some practical tips on how to enhance your product's UX? Look no further than the latest episode of the Product Builder podcast with special guest, UX expert Bar Rhamim. (Available in Hebrew) If you're a product manager, this episode is a must-watch. Bar's expertise in understanding user needs and creating user-friendly solutions offers valuable lessons you can apply to your projects. 🎧 Listen now and transform your product's UX! (Links in the comments) #ProductBuilderPodcast #UserResearch #UXDesign #ProductManagement #PMPodcast #ProductManager

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From top Deep Tech Entrepreneur to top VC: Dov Moran's Journey 🎙️ Join Dov Moran, the inventor of the USB flash drive and a prominent figure in the tech industry shares what success means to him. Don't miss this exclusive interview—click the link to watch now. Do you want more exclusive insights from top-tier VCs? Follow VNTR Capital and tune into our #podcast Yuri G. Rabinovich Niko Leon #tech #vntrpodcast #DovMoran

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Combinando el mundo fisico con el virtual 🤯 Así como Apple con sus Apple Vision, compañías se estan alistando o creando para atacar ese mercado. Tendencia a la vista? 🥽 [EN] Mixing the physical and virtual world. New companies are emerging to attack the virtual glasses market, along with Apple Vision. New trend or hype? #applevisionpro #virtualworld #smartglasses #augmentedreality #tech #gadgets

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The 1st AR Laptop ever! I tried Sightful's #SpaceTop a year ago and also wrote about my experience with it, and now it's even better! I'm gonna try it again soon at their HQ in Tel Aviv, but it was already a revolutionary product when I tried it back then. So, I'm looking forward to it! Another disruptive technology coming from the #startupNation, Israel. This time in the XR and Spatial Computing field, which is the next big thing after Personal Computing and Smartphones, as we've seen even from Apple with their Apple Vision Pro (which I also tried and covered back in February). What a time to be alive! 😎 Well done Sightful! A link to my article from last year: https://lnkd.in/dMrMYyWG #vr #XR #mr #AR #applevisionpro #apple #AppleVisionPro #Metaquest3 #Quest3 #spatialcomputing #Sightful

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Visit intellibooks.io for cutting-edge restaurant solutions that streamline operations, from AI-driven menu optimization to dynamic table management and loyalty program integration. Elevate your customer experience and increase profitability with our advanced features designed to boost efficiency and satisfaction. Discover how Intellibooks can revolutionize your restaurant today! #RestaurantTech #AIinRestaurants #SmartInventory #TableManagement #LoyaltyRewards #EfficientDining #CustomerSatisfaction #RestaurantSuccess #IntellibooksSolutions

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Big Thanks to Viola Group! 🥂 I'm thrilled to share that Hedgewiz is featured on Viola Group's new interactive Israeli Fintech Map! It's an honor to be recognized alongside 300 amazing companies in the fintech sector. At Hedgewiz, we were inspired by the need to simplify B2B payments and provide businesses with the tools and guidance they need to navigate the complexities of banking seamlessly. Thank you, Viola Group, for this recognition and for supporting the fintech ecosystem. Proud to be part of this community and excited for the future of financial technology. Check out the interactive map and the new FinTech Report for the latest industry insights (link in the comments). #Fintech #Innovation #Hedgewiz #ViolaGroup #FinancialTechnology"

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Israeli Cyber Startup Raised $70 Million Torq, an Israeli Cyber company, raised $70 million in a Series C round led by Evolution Equity Partners, with participation from Bessemer Venture Partners, Notable Capital, Greenfield Partners, and Strait Capital. In 2024, Torq has raised $112 million, following a $42 million expansion of its Series B in January. To date, the company has raised $192 million. Torq's AI-based cybersecurity platform connects an organization's security infrastructure to streamline the detection and response to cyber incidents. It automates complex processes on a large scale, reducing the workload on human analysts. Torq was founded in 2020 by Ofer Smadari (CEO), Leonid Belkind (CTO), and Eldad Livni (CINO). The startup employs around 180 people in Israel and the U.S. and plans to hire 130 employees. Source: https://lnkd.in/diPUaEMb

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Mainly on my channel, Focus Point, I explain how and what to do for reaching success. Now it's time for practical cases! Very soon, there will be an interview on the channel with Nadav Shoval, CEO and founder of OpenWeb, our first Israeli unicorn. We invested in this company at an early stage, and today it is a leader in its industry. Nadav talked about his story and views, shared how he managed to achieve such impressive results. I'm sure the OpenWeb case will be useful to many, especially those interested in learning how to set goals and achieve success, even for established players. To not miss out, subscribe to my channel. Link in the comments.

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Just finished listening to the latest episode of Lenny Rachitsky podcast featuring Tal Raviv, a seasoned PM with 12 years of experience who has chosen to stay an IC (independent contributor). This 90-minute interview is packed with PM productivity gems, and I couldn’t help but share the ideas that resonated with me most. ✨ Product is not a role, it’s a team. Foster a culture where everyone is PM-ing. ✨Motivation thrives on autonomy, mastery, and purpose. Build something that truly matters to you. ✨ PMs just make things up as they go along, they all improvise. ✨Book-smart decision-making focuses on data, design, tech, and strategy. Street-smart decision-making is all that plus empathy. ✨Don’t take stories from other companies as gospel. ✨AB test everything that touches or is a part of a sensitive flow. ✨Be the one who is writing posts, not just the one who reads them. Productivity hacks: ✨ Use ChatGPT to break down complex product requirements into epics and stories ✨Use product scrapbook to file opportunities and data ✨ Remove yourself as a dependency, seek to become obsolete as a PM by building self-reliant teams. These are just a few highlights, but I encourage you to watch the full interview! What’s one strategy or piece of advice that has made the biggest difference in your PM journey? #ProductManagement #PMtips #CareerGrowth

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