Last updated 2026-06-18
Total raised
—
Stage
Mature
Founded
2013
Headcount
10
HQ
Netanya, Israel
Sector
Fintech & Insurtech
About
Adesco is a licensed Israeli currency exchange and international money transfer service, founded in 2013. The company enables same-day cross-border transfers into and out of Israel for individuals, real estate buyers, businesses, and startups. Adesco holds funds in trust, distributes payments to multiple vendors, and helps clients manage exchange rate risk. It serves customers from the United States, Europe, and Switzerland transferring funds to Israel for property purchases, investments, and business operations. In 2024, David Balsam joined co-founder Jeff Balsam to lead the company into its next phase of fintech-driven growth.
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
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
| Founded | 2013-1 |
|---|---|
| Employees (exact) | 10 |
Radar intelligence
Patents
| EPO | 2 |
|---|
Web history (Wayback)
| Domain | adesco.co.il |
|---|
Certificate / subdomain footprint
| Subdomains | 8 |
|---|