Last updated 2026-07-20
Total raised
—
Stage
Mature
Founded
2013
Headcount
10
HQ
Netanya, Israel
Sector
Fintech & Insurtech
About
Adesco is an Israeli financial services company that provides licensed currency exchange and international money transfer services. Founded in 2013, Adesco helps individuals and businesses move money into and out of Israel efficiently, offering same-day processing, market-based exchange rates, and transparent pricing with no hidden fees. They specialize in real estate transactions, business operations, and personal transfers, and are regulated by the Israel Capital Market, Insurance, and Savings Authority (License #57103). The company was founded by Jeff Balsam, and his son David Balsam joined as CPO & Co-Founder in 2024 to lead its next chapter.
Q&A
- What is Adesco's primary business?
- Adesco is a licensed Israeli currency exchange and international money transfer service, founded in 2013. The company facilitates same-day cross-border transfers into and out of Israel for individuals, real estate buyers, businesses, and startups.
- When was Adesco founded?
- Adesco was founded in January 2013.
- Who are the founders of Adesco?
- The founders of Adesco are Jeff Balsam, who serves as CEO & Founder, and David Balsam, who is CPO & Co-Founder.
- Which markets does Adesco serve?
- Adesco serves customers from the United States, Europe, and Switzerland who are transferring funds to Israel for property purchases, investments, and business operations.
- What is Adesco's primary sector classification?
- Adesco's primary sector is Fintech & Insurtech.
- What recent leadership change occurred at Adesco?
- In 2024, David Balsam joined co-founder Jeff Balsam to lead Adesco into its next phase of fintech-driven growth.
- What types of customers does Adesco target?
- Adesco targets both B2C and B2B customers, specifically within Financial Services, Financial Products, and FX.
Team · 2
Jeff Balsam
Founder · Founder & CEO
David Balsam
Founder · CPO & Co-Founder
Sectors & technology
Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechMoney Transfer & ManagementTrading & InvestingFinancial Operations Software
Target customers
Financial ServicesFinancial ProductsFX
Business model
B2CB2B
Highlights
Verified
Tags
personal-financefinancial-servicesmoney-transfer
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | adesco.co.il |
|---|---|
| il.linkedin.com/company/adesco-bridge-ltd. | |
| facebook.com/adescocurrency |
Identifiers & details
| Legal name | Adesco Bridge Ltd. |
|---|---|
| Founded | 2013 |
| Employees (exact) | 10 |
Radar intelligence
Patents
| EPO | 2 |
|---|
Web history (Wayback)
| Domain | adesco.co.il |
|---|
Certificate / subdomain footprint
| Subdomains | 8 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 513039115 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2000-11-27 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | yes |
| Active charges / liens | 0 |
| Registry events | 0 |
| Pending deletion | פעילה — expected 2026-08-19 |
| Registered address | רמב~ן 31 ירושלים |