BTB Be The Bank Overview
Be the Bank is a crowd-lending platform that enables lenders to earn up to 5% to 10% annually while supporting the growth of Israels small to midsize businesses. Be the Bank lenders are private individuals or businesses who provide a minimum of 500 NIS, which is automatically distributed among various small to midsize businesses that have undergone a selection process. Borrowers can receive up to 500,000 NIS for three to five years.
Cumulative Funding Raised Over Time ($)
Latest News
חברת הפינטק בהצעה לסמוטריץ': הלוואות בערבות המדינה לעסקים שניזוקו מהמלחמה
growth-negative
טריא מחפשת רוכש לחלק מתיק האשראי, BTB רוצה נתח ממנו | כלכליסט
Tarya, a peer-to-peer loan platform, is in talks with Leumi Bank and insurance companies to sell part of its credit portfolio due to a financial crisis. The company has seen a decrease in loan requests and an increase in deposit requests, leading to low liquidity. As a first step to increase liquidity, Tarya has recently stopped granting new loans and is working to sell part of its credit portfolio, which is backed by real estate guarantees of more than 80%. In addition, the companys competitor, BTB, is also working to acquire part of Taryas credit portfolio and has already approached the Capital Market Authority on the matter.
PartnersAcquisitionInvestment
growth-positive
הבשורה הכלכלית החדשה: BTB מגיעה לנתניה
BTB, an Israeli fintech company that provides loan solutions for small and medium-sized businesses, is expanding its operations beyond Tel Aviv. The company will soon open a branch in the Sapir industrial area in Netanya. The decision to expand was prompted by the companys growth from 50 to 80 employees in a year and a half. BTB, which was founded in 2014, has provided loans totaling over 3 billion shekels for small and medium-sized businesses, as well as mortgages. The company has been growing annually and continues to recruit more employees.
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| Sector | Fintech & Insurtech |
Funding
| Total funding | $500K |
| Last funding | $500K |
| Stage | Mature |
| Rounds | 1 |
| Investors | 0 |
Team Members
3
Employees: 51-200
Web & Social Links
| Website | www.btbisrael.co.il/ |
| Careers | Careers page |
Locations
HaHarash St 8, Tel Aviv-Yafo, Israel
Photos & Videos
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