Macabbi Tel Aviv’s New ‘Canadian’ Sponsor

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Macabbi Tel Aviv, one of Israel’s largest footbal teams made an official announcement of its new sponsor today – a Canadian financial services company that will provide the company $500K per season. The sponsor is Paygea, a provider of proprietary payment processing services for credit card companies.

Nothing out of the ordinary so far, except that the Israeli press reveals that the company is not exactly ‘Canadian’ -Paygea’s ‘contact us’ page shows the company is located in Gibraltar, the phone numbers are Israeli and the company is registered in the US, not Canada.

Paygea told YNET that it is an international company, operating in eight countries. The company’s main offices are in Montreol and Israel. Sounds Kosher to you?

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Eze Vidra
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Eze Vidra
Co Founder and Managing Partner at Remagine Ventures
Eze Vidra is the founder of VC Cafe and the co-founder and managing partner of Remagine Ventures, a pre-seed fund investing in ambitious founders at the intersection of AI, technology, entertainment, gaming, and commerce with a spotlight on Israel.

He is a former General Partner at Google Ventures (GV) in Europe, former head of Google for Entrepreneurs in Europe, and founding head of Campus London, Google's first startup hub. Eze writes on Israeli tech, venture capital, artificial intelligence, and founder strategy.

He is also the founder of Techbikers, a nonprofit that brings together the startup ecosystem on cycling challenges in support of Room to Read.
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