Last updated 2026-07-20
- Acquired by D+H Corporation for $1.3B, Apr 2015
- Raised $1.3B Secondary led by DH Corporation, Mar 2015
- Raised $388M Secondary led by GTCR, Nov 2011
Total raised
$1.8B
Last: Undisclosed Round 2001-01
Stage
Acquired
Founded
1993
Headcount
1,600
HQ
Herzliya, Israel
Sector
Fintech & Insurtech
About
Fundtech was an Israeli company that provided software solutions and services to financial institutions globally. Their offerings included payment processing, lending, and treasury services, enabling banks and their customers to electronically manage cash, process payments, and transfer funds. The company developed transaction banking solutions that automated activities such as payments, cash management, settlement, liquidity management, and the financial supply chain.
Funding history · 10 rounds · $1.8B total
10 events/rounds · $1.8B Total Funding: $1.7B in Private Equity, $130.0M in Public Equity
Mar 2015
Secondary
$1.3B
unknown
★ DH Corporation
Nov 2011
Secondary
$388.0M
unknown
★ GTCR
Apr 2008
★ Clal Industries★ Clal Industries and Investments Ltd.
Jan 2001
Secondary
Undisclosed
unknown
Apr 1999
Follow-on PO
$100.0M
unknown
May 1998
★ Clal Industries★ Clal Industries and Investments Ltd.
Mar 1998
★ Public Investors★ Oppenheimer & Co.★ Hambrecht & Quist
1997
B Round
Undisclosed
unknown
Sep 1996
Apr 1995
Headcount over time
1,600 employees (2026-09) · 1 point
Offices
Herzliya, Israel · HQ / main office
Q&A
- What is Fundtech's primary business?
- Fundtech is a provider of software products and services to banks globally, specializing in transaction banking solutions that automate payments, cash management, settlement, liquidity management, and the financial supply chain.
- When was Fundtech founded?
- Fundtech was founded in April 1993.
- What is Fundtech's current status?
- Fundtech was acquired by D+H in March 2015 and is currently inactive.
- How many employees did Fundtech have?
- Fundtech had an employee count in the 201-500 range.
- What was Fundtech's total funding raised?
- Fundtech raised a total of $30,000,000 USD.
- Which investors participated in Fundtech's funding round in January 2001?
- JVP and Star Ventures participated in Fundtech's funding round in January 2001.
- Where is Fundtech's headquarters located?
- Fundtech's headquarters is located in Herzliya, Israel.
- What are the primary sectors Fundtech operated in?
- Fundtech operated primarily in the Fintech & Insurtech sector, specifically in Money Transfer & Management.
Team · 4
Reuven Ben Menachem
Founder · Founder & CEO
Michael Sgroe
President & COO
Yoram Bibring
CFO
Joseph Mazzetti
VP Marketing
Sectors & technology
Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechMoney Transfer & Management
Technologies
Platforms & InterfacesSoftware
Target customers
Financial ServicesFinancial InstitutionsBanksEnterprise & Professional ServicesEnterprises
Business model
B2B
Tags
fintechtransactionssoftware-applicationsitbanksenterprise-solutionsback-officefinancial-institutionspayments
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | www.fundtech.com |
|---|---|
| linkedin.com/company/10182 | |
| facebook.com/fundtech |
Identifiers & details
| Legal name | FUNDTECH LTD. |
|---|---|
| Founded | 1993-4 |
| Employees (exact) | 1600 |
| Status reason | Acquired (Inactive) by D+H on Mar 2015 - closed due to acquisition |
Acquisitions & public offerings
Acquired by D+H Corporation 2015-04 $1.3B
Radar intelligence
Publications (Crossref)
| Works | 1 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 520043753 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 1993-04-16 |
| Purpose | לעסוק בסוגי עיסוק שפורטו בתקנון |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2025 |
| Active charges / liens | 0 |
| Registry events | 2 — people (1), annual_report (1) |
| Registered address | עתירי ידע 1 כפר סבא |
Recent registry events
| Date | Event |
|---|---|
| 2025-11-30 | עדכון בעלי תפקידים |
| 2025-12-07 | דו~ח שנתי |