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Israeli tech’s top 10 funding rounds of 2024: Wiz sets another record
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EU approves Nvidia’s $700M acquisition of Israeli startup Run:ai
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Boomi acquires Israeli data management startup Rivery in $100M deal
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The Wiz of GenAI security? “Lasso has the potential to be a once-in-a-decade company in cyber”
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Decart raises $32M in second funding round in two months, aims to rival OpenAI and Anthropic
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Digital Banking

20 stories about Digital Banking
גל בר דעה מנכל הבנק הדיגיטלי הראשון

One Zero CEO Gal Bar Dea steps down amid Italian expansion setback

18.11.24|Irit Avisar
The digital bank's venture in Italy has stalled, prompting leadership changes as Eyal Gafni prepares to take over. 
גל בר דעה מנכל הבנק הדיגיטלי הראשון

One Zero embarks on further layoffs as Generali halts Italian digital bank launch

09.09.24|Irit Avisar and Golan Hazani
One Zero lost around $170 million between 2022 and 2023 due to establishment costs as well as ongoing expenses such as salaries and marketing. The bank still expects to reach profitability by the end of 2025. 
גל בר דעה מנכל הבנק הדיגיטלי הראשון

Digital bank One Zero losses hit $170 million in two years

27.03.24|Shaked Green, Irit Avishar
One Zero claims that they are meeting the business plan and that they will reach profitability at the end of 2025. CEO Gal Bar Dea: "We expected more accounts to be opened, but it was a challenging year."
מרינה פולונסקי סמנכ"לית טכנולוגיה ב בנק One Zero

Bank One Zero announces executive promotions in anticipation of European expansion

21.03.24|Irit Avishar
The promotion of the CEO of the digital bank Gal Bar Dea to the position of CEO of the group, and the departure of the VP of risk management and the VP of technology of the bank has led to a wide round of appointments
גל בר דעה מנכ"ל בנק וואן זירו בנק דיגיטלי

Digital bank One Zero cutting 10% of workforce in Israel as it prepares to expand to Europe

08.01.24|Golan Hazani
Amnon Shashua’s digital bank is setting up operations in Italy in partnership with Generali. Current CEO Gal Bar Dea will leave his role and take charge of the international expansion. Simultaneously, the bank plans to streamline its operations in Israel, including the layoff of 30-40 employees
גל בר דעה מנכל הבנק הדיגיטלי

“People are willing to pay to receive personal service and not feel alone in the financial world”

13.03.23|Shaked Green
According to Gal Bar Dea, CEO of the digital bank One Zero, "today’s machines can do 95% of what a person can do, but there is the other 5% that only humans can do." The interview with Bar Dea was held ahead of Tuesday's “The power of AI in banking” conference
חברת נימה

Bank Hapoalim to invest $10 million in digital wallet Neema

29.11.21|Golan Hazani
Hapoalim, which cooperates with the fintech company through its Bit app, is in advanced stages to invest at a company valuation of $40-$50 million. In 2020, Discount Bank acquired 15.5% of Neema’s shares at a NIS 28.5 million valuation ($8.95 million)
אישה מחשב נתונים בזק

Survey finds digital banking replaces human interaction, becoming top customer priority

03.10.21|CTech
The Glassbox findings shine a light on customer preferences in an increasingly digital and hybrid financial landscape
לילך בר דוד ו לירן זליכה מייסדי LILI לילי

Fintech startup Lili raises $55 million series B

11.05.21|Meir Orbach
The Israeli company has doubled its number of clients to 200,000 over the past six months and took its total funding raised over the past year to $80 million
בניין בנק ישראל ירושלים גבעת רם

Bank of Israel presents a glimpse at the ‘digital shekel’

11.05.21|Shlomo Taitelbaum
The bank published a model draft detailing a possible issuance of a “digital shekel,” which will be transferred to the public by financial intermediaries, won’t require an internet connection, and can be exchanged for actual cash
אפל פיי

The war over digital wallets has begun

26.04.21|Irit Avisar
Apple Pay’s entry into Israel will ignite the battle between multiple vendors offering digital wallet services
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
אופיר גולומבק מנהל המגזר הפיננסי אקסנצ'ר ישראל

Covid-19 has forever changed client-bank relations: 53% of Israelis prefer to hold video calls than visit the branch

27.01.21|Ofir Golombek
Global survey finds widespread adoption of digital banking, but banks have to up their game if they want to hold on to their customers
Yaron Yaniv 20MinuteLeaders

“I’m sitting right in the junction between engineering, business, and product and that’s my sweet spot”

31.12.20|CTech
Yaron Yaniv from the Silicon Valley Bank talks to Michael Matias about the digitalization and automation trend that’s taking over the banking sector and the challenges of finding solutions for tech companies of all sizes
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?
פייסבוק ליברה קריפטו מטבע וירטואלי

Libra Is Exciting But Could Threaten Governments and Regulators, Say Fintech Executives

25.07.19|CTech
Earlier this month, Citi hosted an event in Tel Aviv to discuss new payment methods and how people around the world would make purchases and collect payments in the future
תמר יסעור בנק לאומי Fintech כנס פינטק

Fintech Will Save the Bank, Says Head of Digital Banking in Israel’s Bank Leumi

09.11.17|Keren-Or Grinberg
Banks today are in competition with tech companies including Amazon, Uber, Google and Facebook, said Tamar Yassur, head of digital banking at Bank Leumi
דוראל בליץ מנהל מחלקת פינטק KPMG סומך חייקין כנס פינטק Fintech

Finance Companies Should Look to Amazon for Inspiration, Says Fintech Executive

09.11.17|Yoav Stoler
The online retailer sets an example of how to provide personalized value to the customers, said the Head of Fintech at accounting firm KPMG Israel Dorel Blitz
תחרות סטארטפים ברק בן עזר נימה neema

How to Nail Your Y Combinator Interview

02.11.17|Barak Ben Ezer
Advice from Y Combinator grad, “class” of 2017
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Israeli Bank Partners With Microsoft to Harness Blockchain Technology

07.09.17|Reut Shpigelman
Bank Hapoalim, Israel's largest bank, partnered with Microsoft to create a blockchain-based digital platform for issuing bank guarantees