Ingka Group, which owns 389 IKEA stores and e-commerce operations in 32 countries, receives minority stake in Jifiti

Venture capital investments in the sector surged 260% over last year; growth linked to demand for online payments, corporate innovation during pandemic

Joint venture will operate on the platform of Discount's PayBox digital wallet, offering fintech services to compete with traditional lenders

California-based startup founded by Israelis in 2013 seeks to 'revolutionize banking for small business owners'; will use funds to further build up its business banking software

The UK-based bank together with Techstars, a US firm, will work with entrepreneurs to help develop their financial technologies for the marketplace