Israeli Startup That Fights Online Fraud to List in London (1)

Israeli cybersecurity startup BrandShield Ltd. plans to go public on London’s AIM exchange via a reverse merger with Two Shields Investments Plc, according to a statement.

BrandShield, a seven-year old firm that detects and counters online fraud and phishing attacks, has seen sales surge during the Covid-19 pandemic. The company also raised 3.2 million pounds ($4.2 million) in a placing at 20 pence a share and will have a market value of about $30 million when it starts trading.

BrandShield Co-CEOs Yoav Keren, right, and Yuval Zantkeren

Source: BrandShield Ltd.

Stay-home orders during the virus outbreak have accelerated a global digital shift, which has also resulted in a proliferation ...