Last updated 2026-06-18
- Acquired by Western Union for $70M, Jun 2026
Total raised
—
Stage
Acquired
Founded
2001
Headcount
100
HQ
Tel Aviv, Israel
Sector
Fintech & Insurtech
About
GMT (Global Money Transfers) TECH INNOVATION LTD is Israel's largest financial services company, established in 2001. It specializes in international money transfers (cash pickup abroad, money transfers to bank accounts and credit cards abroad), money transfers within Israel, foreign exchange, and prepaid cards. The company also provides financial services for Israelis and foreign workers in agriculture. GMT operates with a focus on technological development and has a network of branches across Israel.
Q&A
- What is GMT (Israeli)'s primary business focus?
- GMT (Israeli) is an Israeli fintech company specializing in international money transfers, currency exchange, and advanced financial services.
- When was GMT (Israeli) founded?
- GMT (Israeli) was established in 2001.
- What is the current status of GMT (Israeli)?
- GMT (Israeli) was acquired in June 2026.
- Which company acquired GMT (Israeli) and for what amount?
- GMT (Israeli) was acquired by Western Union for $70,000,000 in June 2026.
- Where is GMT (Israeli) headquartered?
- GMT (Israeli) is headquartered in Tel Aviv, Israel.
- What is the employee count for GMT (Israeli)?
- GMT (Israeli) has 51-200 employees.
- Who are the founders of GMT (Israeli)?
- GMT (Israeli) was founded by the Sarok family and the Tayer family.
- What services does GMT (Israeli) provide?
- GMT (Israeli) provides international money transfers (cash pickup abroad, transfers to bank accounts and credit cards abroad), money transfers within Israel, foreign exchange, and prepaid cards. They also offer financial services for Israelis and foreign workers in agriculture.
Team · 5
Sarok family
Founder · founders
Tayer family
Founder · founders
Eran Sarok
CEO
Noam Shalev
CEO
Anna Borokovsky
Officer for Handling Public Complaints
Sectors & technology
Primary sector
Fintech & Insurtech
Technologies
Target customers
Business model
B2CB2B
Tags
fintechmoney-transfercurrency-exchangefinancial-servicespayments
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | gmtonline.co.il/ |
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Identifiers & details
| Legal name | GMT TECH INNOVATION LTD |
|---|---|
| Founded | 2001 |
| Employees (exact) | 100 |
Acquisitions & public offerings
Acquired by Western Union 2026-06 $70.0M
Radar intelligence
Web history (Wayback)
| Domain | gmtonline.co.il |
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