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BTB Be The Bank

Crowd Lending for Small Businesses
Startup Mature Founded 2012 Fintech & Insurtech
Last Update Oct 17, 2023 · Claimed

BTB Be The Bank News

3 articles
Oct 16, 2023 · www.ice.co.il
חברת הפינטק בהצעה לסמוטריץ': הלוואות בערבות המדינה לעסקים שניזוקו מהמלחמה
May 11, 2023 · www.calcalist.co.il
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
Mar 24, 2023 · www.netanyanet.co.il
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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