Tag: Vesttoo

Phoenix Merchant Partners has revealed that former Vesttoo executive Julia Henderson will join the firm as its Managing Director, Insurance Solutions.

Israeli InsurTech Vesttoo has requested more time from the creditors in their Chapter 11 bankruptcy case, as it still believes it can produce a "value-maximising transaction".

Vesttoo ended 2022 by obtaining the much coveted Unicorn status, however 2023 has been anything but a fairytale, as the Israeli FinTech has found itself mired in the midst of a public fraud scandal.

The Tel Aviv District Court has approved the seize of a total of NIS $30m from the ousted Vesttoo co-founders Yaniv Bertele and Alon Lifshitz.

Markel Bermuda Limited (MBL) has been appointed to the statutory committee of unsecured creditors in the U.S. Chapter 11 bankruptcy of InsurTech Vesttoo.

Vesttoo has revealed that the source of its now infamous LOC fraud scandal is external to the company. 

Israeli FinTech Vesttoo has filed for Chapter 11 bankruptcy protection amidst the company's ongoing fraud scandal. 

Israeli FinTech Vesttoo has named Ami Barlev as its Interim CEO and closed a collateralised insurer amidst its fraud scandal. 

FinTech company Vesttoo has laid off its co-founder and CEO in wake of its fraud scandal.  

FinTech company Vesttoo has shockingly announced that it will be laying off 75% of its staff in wake of its fraud scandal.