12.05.25|Almog AzarThe Palo Alto founder’s digital bank is hunting for cash—and may find it in Delek.
22.10.24|Almog AzarThis 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.
05.02.23|Golan HazaniOne 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
08.01.23|Golan HazaniClal 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
28.12.21|Sophie ShulmanUnicorns 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
12.09.21|Diana Bahur-NirHe 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
15.07.21|CTechThe 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
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
19.05.21|Irit AvisarThe 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
03.05.21|Golan Hazani and Irit AvisarZuk 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
18.04.21|Irit AvisarBank Leumi accuses its former executive of stealing confidential info and handing it to his new employer, the Digital Bank
15.03.21|Irit AvisarAmnon Shashua plans to disrupt the banking world by offering new tech and lower prices, but it may not be enough
14.03.21|Irit AvisarThe program will be expanded during the third quarter of 2021, and be available to the general public by the end of the year
02.03.21|CTechThe 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
20.10.20|Irit AvisarThe association can help save the Digital Bank legal expenses, but will it harm its attempts to stand out from the crowd?
07.05.20|CTechCEO 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