FinSec Innovation Lab

An innovation lab and accelerator focusing on fintech and cybersecurity for early-stage Israeli startups.

Incubator Active Be'er Sheva, Israel Est. 2020
Visit website ↗ LinkedIn
Last updated 2026-07-20
Portfolio
1
in our dataset
Rounds participated
1
Rounds led
0
Rounds' value
—
total disclosed, rounds participated
Stages
Pre-Seed, Seed

About

FinSec Innovation Lab is an accelerator and incubator program established in 2020 by Mastercard and Enel X, in partnership with the Israel Innovation Authority (IIA), the Israel National Cyber Directorate (INCD), and the Israel Ministry of Finance (IMOF). It aims to assist early-stage Israeli startups in fintech and cybersecurity to scale their solutions in global markets. The lab provides commercial and technological support, including access to Mastercard's global experts, a network of alliance partners, infrastructure, solution architecture, and an IIA grant. It focuses on turning innovative ideas into commercial products and services, with a particular emphasis on API security, vulnerability management, ransomware, digital identity and authentication, virtual payment wallets, and fraud prevention.

Portfolio · 1

Connected Insurance
Insurance Operating System for the Digital Economy
1 round Latest: 2021-11

Investment activity

1 portfolio exit on record.

Portfolio by sector

Fintech & Insurtech3
Cyber Security3

Q&A

What is FinSec Innovation Lab's primary focus as an incubator?
FinSec Innovation Lab is powered by Mastercard and partners with the Israel Innovation Authority, the Israel National Cyber Directorate, and the Israel Ministry of Finance. It focuses on assisting early-stage startups in scaling their solutions in global markets, particularly in commercial and technology areas.
What investment stages does FinSec Innovation Lab target?
FinSec Innovation Lab primarily targets Pre-Seed and Seed stage investments.
Which notable exit has FinSec Innovation Lab had?
FinSec Innovation Lab had an exit in May 2026 with the acquisition of LayerX Security by Akamai Technologies for $205M.
Can you name some of FinSec Innovation Lab's portfolio companies?
FinSec Innovation Lab's portfolio includes companies such as Connected Insurance, which raised $2.5M, and Kipp, which raised $12.5M.
What are the key sectors FinSec Innovation Lab invests in?
FinSec Innovation Lab shows a concentration in Fintech & Insurtech and Cyber Security, with 3 portfolio companies in each sector.
Who leads FinSec Innovation Lab?
Sidney Gottesman serves as the CEO of FinSec Innovation Lab.
When was FinSec Innovation Lab founded?
FinSec Innovation Lab was founded in 2020.
Where is FinSec Innovation Lab headquartered?
FinSec Innovation Lab is headquartered in Be'er Sheva, Israel.
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)