Over the past couple of decades, Israel has developed a strong fintech ecosystem thanks to continued overseas interest, a local commitment to innovation, and a community that’s dedicated to addressing the emerging needs of this industry. The Israeli fintech industry continues to grow so impressively that it is attracting more and more entrepreneurs and increased funding from global investors. Take, for example, companies like FundBox, which raised $90 million in two rounds, Payoneer, which attracted a similar amount, and eToro, which raised $40 million, all in the past year.

http://venturebeat.com/2015/10/03/why-israel-is-leading-fintech-innovation/