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Trades about 41% above its sector, the market expects faster growth.
Isracard Ltd. operates as a key financial institution within Israel, primarily focused on the credit card market. Its comprehensive suite of offerings includes payment solutions such as the Anyway App, Anypay, Topcash, Touch-Pay, Garmin Pay, and the dedicated Isracard application. Beyond credit card services, the company extends various financial products, including loans and diverse credit plans, while also facilitating the issuance of debit cards. Additionally, Isracard is responsible for the discounting and clearing of transactions across prominent debit card brands, specifically Isracard itself, MasterCard, American Express, and Visa. Founded in 1975 and headquartered in Tel Aviv, Israel, the company has functioned autonomously from Bank Hapoalim B.M. since March 9, 2020.
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Market cap is shares times price. A simple formula that produces wildly unequal numbers: a single US tech name can be worth more than every company on a LATAM exchange combined.
