Loading organizations...
FinSec Innovation Lab operates as an incubation program, fostering innovation in financial technology and cybersecurity. It empowers early-stage startups with specialized knowledge, industry expertise, and critical access to financial and regulatory data. The lab's core purpose is to convert technological concepts into market-ready products, including advanced cyber defense solutions for the financial sector.
Established in 2020, FinSec Innovation Lab is a collaboration between Mastercard Group and Enel X, chosen by the Innovation Authority. Its operations receive significant funding from the Israel Innovation Authority, Cyber Directorate, and Ministry of Finance. This initiative positions Israel as a leader in cyber innovation, addressing complex financial cybersecurity challenges.
The lab supports startups and entrepreneurs, accelerating their development in fintech and cyber. It enhances sector competitiveness, attracts investments, and solidifies Israel's reputation as a destination for international financial entities. FinSec Innovation Lab envisions elevating the nation as a global pioneer in secure financial innovation.
FinSec Innovation Lab has 1 tracked investment across 1 company. The latest tracked deal is $8.0M Seed in LayerX in October 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Oct 1, 2022 | LayerX | $8.0M Seed | — | Accel, Asymmetric Capital Partners, Craft Ventures, Cyberstarts VC, Foobar.vc, Glilot Capital Partners, Insight Partners, Scale Asia Ventures, Seedcamp, Tamar Technology Ventures, Team8, Terra Venture Partners, Village Global, Benny Schnaider, Chris Murphy, EFI Cohen, Peter Kazanjy, Enel X, GuideStar, INT3, Kmehin Ventures |