A delegation of Israeli companies focused on the “future of fintech” could have easily turned back after visiting New York earlier this month.
They fact that seven of them moved on to Atlanta is a sign that the city’s reputation as a hub in the fast-growing field of financial technology is continuing to grow globally.
The Israeli innovators were just one of the recent inbound fintech groups that have locked onto Atlanta, whose vibrant ecosystem is becoming one of its key international calling cards.
In late October, the Berlin Finance Initiative brought a group of fintech leaders to Atlanta for a lunch that included a pitch session. The month before, 10 British companies visited Miami and Atlanta on a mission that featured a stop at Deluxe, a payments firm with an Atlanta-based innovation and technology center.
Deluxe, not coincidentally, was also among the Atlanta-based fintech “buyers” and investors that heard from and shared insights with the Israeli firms during an afternoon session at the law offices of Alston & Bird on Nov. 9, which followed an earlier forum at the Metro Atlanta Chamber.
The capstone event was a reception organized by the Consulate General of Israel in Atlanta and Conexx: America-Israel Commercial Alliance, also at Alston & Bird.
“I was very happy to see Atlanta get a first crack at these Israeli technological innovations, they were all very interesting and ranged from decentralizing data storage for security and privacy, to enabling smart subscription services,” said Randall Foster, board chairman of Conexx.
Discussions focused on opportunities as wide-ranging as joint-ventures, partnerships, business development, supply chain realignment and the introduction of innovative technologies, said Richard Brooks with Conexx, whose Fintech Council (one of many industry-focused groups at the alliance) is considering leading a delegation to Fintech Week Tel Aviv in March 2023.
The seven companies that made it down to Atlanta were:
- Astrix Security: Access management for third-party integrations (astrix.security)
- Credics Technologies: Card management and payment-processing systems (credics.com)
- Fugu: Post-purchase payment tracking (fugu-it.com)
- Gigaspaces: In-memory technology (gigaspaces.com)
- Ironvest: Data and identity protection (ironvest.io)
- Reach: Remote customer collaboration platform for business transactions (reachhq.com)
- Rebillia: Smart, flexible & dynamic subscription & billing platform (rebillia.com)
Collaborating organizations included:
- Conexx: America-Israel Commercial Alliance
- TAG: Technology Association of Georgia
- MAC: Metro Atlanta Chamber of Commerce
- FinTech Atlanta
- ATDC: Advanced Technology Development Center
- Rebillia Platform
- Consul General of Israel to the Southeastern USA
- Economic Ministry of Israel
- Israel Export Institute
See more in the event listing here.