Tel Aviv Inventory Trade : Management of Fintech Firm, Tarya, Opens Trading in Celebration of Its IPO on TASE

0
99

Tel Aviv, July 24, 2022 – Management of Tarya opened buying and selling this morning in celebration of its IPO on TASE.

Tarya was established in 2014 by Eyal Elhayany, Varda Lusthaus and Assaf Shlush. The firm operates a web-based platform for on-line credit score brokerage, which brings collectively debtors and lenders and permits the lenders to avoid wasting and make investments their cash in return for curiosity, whereas dispersing the deposited quantities amongst a number of debtors. The worth of the corporate is NIS 360 million.

Tarya has near 100 staff and its technology-based platform serves greater than 40 thousand clients.

Tarya is included in TASE’s Technology Sector below the Software and Internet Subsector that at the moment contains 40 firms with a complete market cap of NIS 65 billion.

At the top of buying and selling on August 4, 2022, the semi-annual rebalancing date, the shares of the corporate are anticipated to affix TASE’s TA-Growth, TA Tech-Elite, TA-Technology and TA-Global BlueTech indices.

Shahaf Erlich, CEO of Tarya, mentioned: “Tarya’s transformation right into a public firm is a major milestone for us and can allow the buyers on TASE publicity to one of many world’s quickest rising and most superior funding channel. Tarya’s modern exercise, mixed with its development, most notably within the mortgages sector, will permit us to spearhead financing and supply cutting-edge monetary options to our clients.”

Sarit Berman, Economist at TASE’s Economics Department, mentioned: “Since the start of the 12 months, 15 new firms joined TASE, elevating an mixture of NIS 1.4 billion. We want the administration of the corporate and its staff one of the best of success, in direction of a wholesome competitors within the non-banking credit score sector and for the good thing about debtors and lenders and of the Israeli capital market.”

In the image: Hani Shitrit Bach, EVP and Head of Listings at TASE; Varda Lusthaus, Founder of Tarya; Amos Luzon,​ Dןirectot; Eyal Elhayany, Founder of Tarya; Shahaf Erlich, CEO of Tarya; the administration of Tarya; and Sarit Berman, Economist at TASE’s Economics Department.

Photography credit score: Koby Wolf, approved to be used for no consideration.

LEAVE A REPLY

Please enter your comment!
Please enter your name here