ONE ZERO Digital Private Bank is the first independent bank established in Israel in over 40 years.
Unlike the existing banks, which added a digital channel to their traditional operations, the Digital Bank is entirely digital, which means it has no physical branches. The bank will offer advanced services, including flexible and competitive credit solutions, alongside standard banking services such as current accounts, credit, deposits, and securities management.
Being independent of the existing banking groups, the bank will offer, for the first time, a genuinely independent alternative, opening up the local banking industry to competition in a way that was never possible under the current banking model.
Operationally lean and with no branches or thousands of employees, the bank will offer mostly automated work processes built around innovative technological capabilities that focus primarily on customer needs. As a result, it would provide advanced services and service experience at competitive prices aligned with the new technological world.
The controlling shareholder of the bank is Prof. Amnon Shashua, an astute and experienced entrepreneur who has founded trailblazing ventures such as Mobileye and OrCam.
Like all the banks in Israel, the First bank is supervised by the Bank of Israel to ensure the stability of the banking industry.
The First Digital Bank plans to launch its operations in Q1.2022
Unlike the existing banks, which added a digital channel to their traditional operations, the Digital Bank is entirely digital, which means it has no physical branches. The bank will offer advanced services, including flexible and competitive credit solutions, alongside standard banking services such as current accounts, credit, deposits, and securities management.
Being independent of the existing banking groups, the bank will offer, for the first time, a genuinely independent alternative, opening up the local banking industry to competition in a way that was never possible under the current banking model.
Operationally lean and with no branches or thousands of employees, the bank will offer mostly automated work processes built around innovative technological capabilities that focus primarily on customer needs. As a result, it would provide advanced services and service experience at competitive prices aligned with the new technological world.
The controlling shareholder of the bank is Prof. Amnon Shashua, an astute and experienced entrepreneur who has founded trailblazing ventures such as Mobileye and OrCam.
Like all the banks in Israel, the First bank is supervised by the Bank of Israel to ensure the stability of the banking industry.
The First Digital Bank plans to launch its operations in Q1.2022
Location: Israel, Tel Aviv District, Tel Aviv-Yafo
Employees: 201-500
Founded date: 2019
Investors 4
Date | Name | Website |
- | Palo Alto ... | paloalto.c... |
- | Far East V... | fareast.ve... |
- | Alora Vent... | aloraventu... |
- | West Coast... | westcoast.... |
Mentions in press and media 3
Date | Title | Description |
13.02.2024 | One Zero Bank Launches Groundbreaking GenAI-Powered Service Platform Integrated with AI21 | One Zero Bank, Israel’s first private digital bank and a world-leading institution in the integration of AI technology into banking services, announces the official launch of its GenAI-based service platform – marking the transition from ex... |
12.06.2023 | Digital Banking: One Zero Bank Leverages Generative AI, Raises Funding on OurCrowd | One Zero Bank, a digital bank startup based in Israel, is adding artificial intelligence (AI) to its platform, according to a recent report. At the same time, One Zero is raising growth capital, providing an entry point for smaller (accredi... |
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