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NEW YORK and TEL AVIV, Israel, Sept. 15, 2020 /PRNewswire/ — Team8, company-building venture group backed with strategic funding from Microsoft, Walmart, Barclays and Moody’s, among others, today announced the launch of Team8 Fintech, a practice focused on founding and scaling transformative fintech companies. Team8 Fintech is led by former President & CEO of Israel’s largest bank, Leumi Group, Rakefet Russak-Aminoach, Founder & President of digital payments unicorn Payoneer, Yuval Tal, and Founder and Former Chief Product Officer of social trading network and multi-asset brokerage unicorn eToro, Ronen Assia. Galia Beer-Gabel, former Head of Business Development for PayPal across Eastern Europe, Israel and Africa, is also joining Team8 Fintech as part of the founding team that brings a wealth of expertise across retail banking, credit, payments, ecommerce and trading.
Team8 Fintech’s leadership team. Left to right: Yuval Tal, Rakefet Russak Aminoach, Galia Beer-Gabel and Ronen Assia
COVID-19 DRIVES MAJOR FINTECH OPPORTUNITIES
COVID-19 has paved the way to hyper digitization, accelerating trends and expectations both at the business level and for consumers across all age groups. From the decline in cash usage and the decreasing relevance of brick and mortar to the recent surge in the opening of digital-only bank accounts, the …
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