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Fintech Adyen’s Shares Jump as Sales Beat Estimates

Bank Innovation

Adyen NV reported a 54% rise in second-half net revenue, beating analysts’ estimates as the fintech darling continues to deliver on rapid growth. and Spotify Technology SA, posted €192.5 The Dutch company, which processes payments for Netflix Inc., million ($219 million) in net revenue for the six months ended December.

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Israeli Cybersecurity Firm Lands $30M To Expand Into Vehicle Protection

PYMNTS

Israel’s Upstream Security has notched $30 million in a Series B funding round led by Renault Venture Capital, Upstream announced in a press release on Monday (Oct. Upstream Security wants to leverage the software market to protect vehicles from cyber-carjacking. No company wants to be the next one that happens to.”.

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Israel Approves New Digital Bank

PYMNTS

The digital bank is led by entrepreneurs Marius Nacht of cyber security company Check Point Software Technologies , and Amnon Shashua of autonomous driving developer Mobileye NV. The Bank of Israel is green lighting a new digital bank — the country’s first new financial institution in decades.