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Digital Bank

15 stories about Digital Bank
מימין אמנון שעשוע גל בר דעה

Digital bank One Zero raising $100 million at $400-$450M valuation

22.10.24|Almog Azar
This new fundraising round reflects a valuation over $100 million higher than the bank's last round in 2022, which valued the bank at $320 million. The increased valuation is attributed to the bank nearing profitability for the first time, with the goal of achieving initial annual profitability by 2025.
מימין שוקי אורן ו גל בר דעה

Digital bank One Zero raises another $62 million at $320 million valuation

05.02.23|Golan Hazani
One Zero’s pitch deck to investors revealed that it plans to embark on a larger funding round towards the end of the year at a higher valuation. This round is planned as part of its preparations to expand into Europe and ahead of a potential IPO
ועידת התחזיות 2022 ניר צוק מייסד Palo Alto Networks

Nir Zuk's new digital bank valued at over $500 million in latest investment

08.01.23|Golan Hazani
Clal Insurance is investing approximately $28 million for a 5% stake in the Esh bank led by the Palo Alto Networks founder, who has invested tens of millions of dollars in the new venture
מוסף שבועי 28.11.19 ניר צוק מנכל חברת פלאו אלדו ישראלי לשעבר

“If Wiz is worth $6 billion, Palo Alto is worth more than a trillion"

28.12.21|Sophie Shulman
Unicorns are galloping into the abyss, Israel's cybersecurity infrastructure is broken, and offensive cyber companies are doing business with criminals. Palo Alto may have entered the Nasdaq-100, but that is not going to hold back founder Nir Zuk
גל בר דעה מנכל הבנק הדיגיטלי

“It’s like David going up against Goliath. The top three Israeli banks will change, and we’ll be part of it”

12.09.21|Diana Bahur-Nir
He pledges to pay higher interest on deposits and take lower interest on loans, and is certain that banking’s big bang is right around the corner. Gal Bar Dea, the CEO of First Digital Bank, is counting on people wanting to walk around in “I Love My Bank” T-shirts
אמנון שעשוע מובילאיי

Israel's First Digital Bank to offer full digital banking services to US citizens

15.07.21|CTech
The banking system doesn’t currently make it possible for Israeli citizens who also hold a US citizenship or a foreign tax residency to open a bank account by digital means and they are forced to arrive at bank branches in order to physically sign a series of documents
גל בר דעה מנכ"ל הבנק הדיגיטלי הראשון

Get ready to leave your old bank behind

22.06.21|Gal Bar Dea
“It is possible to be faster, stronger, smarter, and more efficient, and build the bank we have always been waiting for,” writes Gal Bar Dea, CEO of Israel’s First Digital Bank
Amnon Shashua Mobileye אמנון שעשוע מובילאיי

Shashua's Digital Bank eyeing $100 million funding round

19.05.21|Irit Avisar
The investment is set to provide the bank with the additional funds it requires ahead of its launch next year and be conducted according to a valuation of several hundreds of millions of dollars
מוסף שבועי 28.11.19 ניר צוק מנכל חברת פלאו אלדו ישראלי לשעבר

From cyber to banking: Palo Alto's Nir Zuk recruiting investors for new digital bank

03.05.21|Golan Hazani and Irit Avisar
Zuk has partnered with Shmuel Hauser, the former Chairman of the Israel Securities Authority, and entrepreneur Yuval Aloni, to set up what would be Israel's second digital bank to rival Mobileye founder Shashua's venture
מימין חנן פרידמן מנכ"ל בנק לאומי ו אמנון שעשוע מ מייסדי מובילאיי ו AL21

Fintech Fued: Israeli banks trade allegations of data theft and intimidation practices

18.04.21|Irit Avisar
Bank Leumi accuses its former executive of stealing confidential info and handing it to his new employer, the Digital Bank
סניף בנק בנקים תחרות ריכוזיות

Will Israel’s new Digital Bank manage to shake up the sector?

15.03.21|Irit Avisar
Amnon Shashua plans to disrupt the banking world by offering new tech and lower prices, but it may not be enough
פרופ' אמנון שעשוע מייסד מנכ"ל מובילאיי 2019

Amnon Shashua’s Digital Bank initiates operations in pilot mode

14.03.21|Irit Avisar
The program will be expanded during the third quarter of 2021, and be available to the general public by the end of the year
Dana Goren Matalon The First Digital Bank Digibank דנה גורן מטלון

Our workers were hired during lockdowns and social distancing, says The First Digital Bank

02.03.21|CTech
The hybrid model doesn’t work for everyone. At The First Digital Bank, employees could choose to work permanently at the office if they wanted to
שוקי אורן מנכ"ל קרדן אן וי

In a surprise move, the digital bank joins the Association of Banks in Israel

20.10.20|Irit Avisar
The association can help save the Digital Bank legal expenses, but will it harm its attempts to stand out from the crowd?
פרופ' אמנון שעשוע מייסד מנכ"ל מובילאיי 2019

Mobileye’s Shashua Buys Out Marius Nacht to Become Sole Controlling Shareholder of Israel’s Digital Bank

07.05.20|CTech
CEO and founding partner of Mobileye and senior vice president of Intel will invest another $30 million in addition to the $30 million he had previously committed to