ezbob Overview
For over a decade, ezbob has been at the forefront of digital lending transformation for leading financial institutions globally. With a deep understanding of regulatory challenges and IT complexities, they have developed a proprietary Core Lending Platform. This platform allows financial institutions to build modular products on top of existing services and facilitates the migration to digital services. The open platform enhances current lending offerings and supports automation and scalability strategies, complementing existing core banking platforms. ezbob's clientele includes major institutions such as Santander, Intesa SanPaolo, and NatWest. The company is headquartered in London, with additional offices in New York, Israel, and Bulgaria.
Cumulative Funding Raised Over Time ($)
$46.0MApr 2015
$46.6MDec 2011
$49.8MDec 2012
$70.8MJan 2018
$75.8MJul 2013
$75.8MJun 2018
$89.8MJun 2019
$117.8MMar 2016
$152.8MMay 2016
Latest News
Neutral
Council Post: 18 Strategies To Improve Communication With Small Business Owners And Their Accounting Teams
The article discusses the importance of maintaining transparency and good communication with small business clients for financial business leaders. It shares 18 key tactics for improving communication with small business owners and their accounting teams, as suggested by members of the Forbes Finance Council. These tactics include delivering clear and succinct messaging, defining objectives and roles, supporting associations with financial partners, explaining and selling the transformation, gathering as much information as possible, explaining the benefits of specific products, tailoring communication to each business, explaining options and offering suggestions, utilizing video emails, explaining the why, maintaining transparency with a third-party communications firm, understanding business models, goals and challenges, speaking in person or on the phone, utilizing cloud-based software, explaining who, what, how and when, actively listening and showing genuine interest, instituting regular communications channels, and explaining how growth plans depend on accounting teams.
Customers
Growth-positive
Council Post: 18 Best Practices For Navigating Microloan Lending
The article discusses best practices for fintech companies offering microloan lending. The strategies recommended by 18 Forbes Finance Council members aim to improve customer experience and mitigate risks associated with microloan lending. These include proactive credit management, offering better value than credit cards, providing educational resources, creating underwriting guidelines that attract high-quality clients, prioritizing transparent pricing, leveraging technology for personalized customer experiences, and streamlining the application process. The article emphasizes the importance of balancing innovation with customer focus and leveraging data analytics for personalized lending offers.
CustomersPartners
Neutral
Council Post: Exploring 'Buy Now, Pay Later' Options? 20 Pros And Cons To Consider
The article discusses the pros and cons of the Buy Now, Pay Later (BNPL) payment option in the B2B world. While BNPL can attract new customers and foster loyalty by offering flexible payment terms and improved cash flow, it can also pose potential pitfalls. Businesses and buyers must exercise caution to avoid risky financial decisions, hidden fees, high interest rates, and overspending. The article suggests that companies considering BNPL should prioritize effective communication, education, and controls. Buyers should understand all terms, be wary of dependency risks, and ensure alignment with their financial planning.
Customers
growth-positive
Council Post: 20 Creative Ways To Promote Financial Services On Social Media
The article discusses the importance of social media as a tool for financial professionals to connect with clients and build an online presence. Members of the Forbes Finance Council share their strategies for marketing on social media, which include maintaining a steady stream of content, highlighting existing customers to attract new ones, showing authenticity, sharing customer reviews and testimonials, and using multiple platforms for the widest reach. The strategies aim to attract and retain new clients, strengthen existing client relationships, and demonstrate professional expertise.
Customers
Neutral
Council Post: 20 Cybersecurity Strategies Businesses Can Implement Today
The Forbes Finance Council has shared 20 cybersecurity strategies for businesses to protect their digital financial ecosystem. The strategies include hiring an in-house compliance officer, raising awareness about cybersecurity threats, taking fraud defense measures, creating and maintaining contingency plans, balancing data use and security, having a communication plan, managing the problem collaboratively, enhancing cybersecurity with AI vigilance, tightening security with encryption, ensuring leadership emphasizes cybersecuritys importance, having strategies and preventative measures in place, ensuring employees are trained and aware, taking a multi-faceted approach, creating a cyber-resilient business culture, implementing cybersecurity education programs, maintaining open communication with employees, involving the board of directors, employing password protection, securing data access using multi-factor authentication, and having periodic security audits and evaluations.
CustomersPartners
| Sector | Fintech & Insurtech |
Funding
| Total funding | $60.86M |
| Last funding | $3.11M |
| Stage | Mature |
| Rounds | 10 |
| Investors | 11 |
Team Members
3
Employees: 51-200
Web & Social Links
| Website | www.ezbob.com |
| Careers | Careers page |
Locations
HaMada St 7, Herzliya, Israel
120 New Cavendish Street London, W1W 6XX, United Kingdom
Bulgaria
Photos & Videos
No files yet
ezbob Business
Business models
B2B
Product stage
Released
Employees
51-200
Sector
Fintech & InsurtechLending & FinancingTarget Customer
Financial ServicesFinancial ProductsCreditFinancial InstitutionsBanksCore Technology
Platforms & InterfacesWebTags (8)
open-bankingsmbfintechcredit-assessmentmicrofinanceprivate-investorslending-and-financingsaasGeographic Markets
United KingdomGlobalezbob Financials
$60.86M
Total funding
Undisclosed
Capital raised
$3.11M
Last funding
Mature
Funding stage
10
Total rounds
11
Investors
Cumulative Funding Raised Over Time ($)
$46.0MApr 2015
$46.6MDec 2011
$49.8MDec 2012
$70.8MJan 2018
$75.8MJul 2013
$75.8MJun 2018
$89.8MJun 2019
$117.8MMar 2016
$152.8MMay 2016
Private Equity Funding
Debt Financing
Jun 2019
$14M
LIQUiDITY (Lead)
C Round
Jun 2018
Undisclosed
HoneyComb Investment Trust
Undisclosed Round
Jan 2018
$21M
Prytek Ventures, Da Vinci Capital
Debt Financing
May 2016
$35M
Shawbrook Bank, HoneyComb Investment Trust
C Round
Mar 2016
$28M
Oaktree Capital Management, Leumi Partners
Debt Financing
Apr 2015
$46M
Oaktree Capital Management
B Round
Jul 2013
$4.96M
Undisclosed Investor(s), Hagshama Fund, Phenomen Ventures
A Round
Dec 2012
$3.2M
Undisclosed Investor(s), Hagshama Fund
Seed
Dec 2011
$590K
Extreme Credit Systems
Non-Equity Funding
GrantEvent
Aug 2020
$3.11M
Capability and Innovation Fund (Lead)
ezbob Lifecycle
Cumulative Funding Raised Over Time
$46.0MApr 2015
$46.6MDec 2011
$49.8MDec 2012
$70.8MJan 2018
$75.8MJul 2013
$75.8MJun 2018
$89.8MJun 2019
$117.8MMar 2016
$152.8MMay 2016
All Events
Debt Financing
Jun 2019
$14M
LIQUiDITY (Lead)
C Round
Jun 2018
Undisclosed
HoneyComb Investment Trust
Undisclosed Round
Jan 2018
$21M
Prytek Ventures, Da Vinci Capital
Debt Financing
May 2016
$35M
Shawbrook Bank, HoneyComb Investment Trust
C Round
Mar 2016
$28M
Oaktree Capital Management, Leumi Partners
Debt Financing
Apr 2015
$46M
Oaktree Capital Management
B Round
Jul 2013
$4.96M
Undisclosed Investor(s), Hagshama Fund, Phenomen Ventures
A Round
Dec 2012
$3.2M
Undisclosed Investor(s), Hagshama Fund
Seed
Dec 2011
$590K
Extreme Credit Systems
GrantEvent
Aug 2020
$3.11M
Capability and Innovation Fund (Lead)
ezbob News
17 articles
Neutral
Council Post: 18 Strategies To Improve Communication With Small Business Owners And Their Accounting Teams
The article discusses the importance of maintaining transparency and good communication with small business clients for financial business leaders. It shares 18 key tactics for improving communication with small business owners and their accounting teams, as suggested by members of the Forbes Finance Council. These tactics include delivering clear and succinct messaging, defining objectives and roles, supporting associations with financial partners, explaining and selling the transformation, gathering as much information as possible, explaining the benefits of specific products, tailoring communication to each business, explaining options and offering suggestions, utilizing video emails, explaining the why, maintaining transparency with a third-party communications firm, understanding business models, goals and challenges, speaking in person or on the phone, utilizing cloud-based software, explaining who, what, how and when, actively listening and showing genuine interest, instituting regular communications channels, and explaining how growth plans depend on accounting teams.
Customers
Growth-positive
Council Post: 18 Best Practices For Navigating Microloan Lending
The article discusses best practices for fintech companies offering microloan lending. The strategies recommended by 18 Forbes Finance Council members aim to improve customer experience and mitigate risks associated with microloan lending. These include proactive credit management, offering better value than credit cards, providing educational resources, creating underwriting guidelines that attract high-quality clients, prioritizing transparent pricing, leveraging technology for personalized customer experiences, and streamlining the application process. The article emphasizes the importance of balancing innovation with customer focus and leveraging data analytics for personalized lending offers.
CustomersPartners
Neutral
Council Post: Exploring 'Buy Now, Pay Later' Options? 20 Pros And Cons To Consider
The article discusses the pros and cons of the Buy Now, Pay Later (BNPL) payment option in the B2B world. While BNPL can attract new customers and foster loyalty by offering flexible payment terms and improved cash flow, it can also pose potential pitfalls. Businesses and buyers must exercise caution to avoid risky financial decisions, hidden fees, high interest rates, and overspending. The article suggests that companies considering BNPL should prioritize effective communication, education, and controls. Buyers should understand all terms, be wary of dependency risks, and ensure alignment with their financial planning.
Customers
growth-positive
Council Post: 20 Creative Ways To Promote Financial Services On Social Media
The article discusses the importance of social media as a tool for financial professionals to connect with clients and build an online presence. Members of the Forbes Finance Council share their strategies for marketing on social media, which include maintaining a steady stream of content, highlighting existing customers to attract new ones, showing authenticity, sharing customer reviews and testimonials, and using multiple platforms for the widest reach. The strategies aim to attract and retain new clients, strengthen existing client relationships, and demonstrate professional expertise.
Customers
Neutral
Council Post: 20 Cybersecurity Strategies Businesses Can Implement Today
The Forbes Finance Council has shared 20 cybersecurity strategies for businesses to protect their digital financial ecosystem. The strategies include hiring an in-house compliance officer, raising awareness about cybersecurity threats, taking fraud defense measures, creating and maintaining contingency plans, balancing data use and security, having a communication plan, managing the problem collaboratively, enhancing cybersecurity with AI vigilance, tightening security with encryption, ensuring leadership emphasizes cybersecuritys importance, having strategies and preventative measures in place, ensuring employees are trained and aware, taking a multi-faceted approach, creating a cyber-resilient business culture, implementing cybersecurity education programs, maintaining open communication with employees, involving the board of directors, employing password protection, securing data access using multi-factor authentication, and having periodic security audits and evaluations.
CustomersPartners
growth-positive
Discount Bank and Ezbob set up fintech co Greenlend
Israel Discount Bank has announced a collaboration with e-lending company Ezbob to establish a new fintech company called Greenlend. Greenlend will provide flexible and immediate solutions in the consumer credit sector as well as credit for small businesses. Discount Bank will own 70% of the new company, while Ezbob will own 30%. The move is part of Discount Banks strategy to promote innovation and establish ventures that compete with the entire banking system. The non-bank credit market has experienced significant growth in recent years, and Greenlend aims to be a significant player in the Israeli financial system. The partnership will leverage Ezbobs advanced technology and experience in the financial industry.
PartnersInvestment
ezbob, the Pioneer in SME Lending Technology, Submits Bid for Part of BCR's £100m Pool E
growth-positive
Metro Bank partnered with ezbob to enhance its digital lending offering for businesses
Metro Bank plans to introduce a new business banking service in mid-2020 by leveraging the digital lending solution of UK-based fintech ezbob. The solution will enhance the lending experience for Metro Banks business customers, offering an omnichannel and real-time identification process for loan applications. This move comes as SMBs continue to be underserved by financial institutions, with over half of them unable to secure necessary funding. By using white-label solutions like ezbobs, lenders can better tailor their services to SMBs and reduce lengthy application processes. The interest in alternative finance options is on the rise, and banks are likely to seek partnerships with white-label lending solution providers to meet customer demands.
PartnersCustomers
growth-positive
ezbob Hires Its First CCO in Push to Deliver First Class Customer Service
Uri Melzer has joined ezbob as Chief Customer Officer (CCO) to enhance the companys customer centric strategy. Melzer brings over 35 years of experience in shaping customer success and working with global organizations. The appointment aims to provide first-class customer service and improve the standard of service provision to global tier 1 banks. ezbob is a leader in the Lending as a service (LaaS) sector.
Customers
American Express Partners With Ezbob For SMBs
growth-positive
ezbob Secures Equity Investment From Honeycomb Investment Trust
ezbob has announced Honeycombs investment in its Round C fundraising and the appointment of Lindsey McMurray to the Board of Directors. The investment will fuel ezbobs global expansion plans and accelerate the development of its Lending as a Service platform. Lindsey McMurray, the founding partner of Pollen Street Capital, brings extensive experience in the financial services sector. ezbob aims to create a portfolio of innovative solutions to streamline and accelerate the lending process for SMEs. The investment from Honeycomb is seen as a vote of confidence in ezbobs technology and future strategic plans.
Investment
growth-positive
E-Lending Startup Ezbob Raises 15 Million GBP
Ezbob IT Ltd., a London-based e-lending startup, raised 15 million GBP from Da Vinci Capital Management Ltd. at a post-money valuation of 100 million GBP. The company offers small businesses online loans and has a subsidiary brand called Everline. Ezbob changed its strategy in 2016 to focus on offering larger banking and investment companies access to its money lending technology. Last February, the company signed a collaboration agreement with NatWest, a subsidiary of RBS, allowing the bank to use Ezbobs digital system for calculating credit risks and making credit-related decisions. Da Vinci Capital is a private equity firm with offices in Moscow and Hong Kong.
Investment
growth-positive
Why ezbob Has Focused On Technology Over Lending
UK-based ezbob is now one of the leaders in the growing LaaS market. The company plans to launch new products and has pivoted from being a direct lender to a solution and technology provider for banks. They have established a partnership with RBS and are focused on digital lending solutions. The market in the alternative lending space is crowded, but ezbobs advantage is its technology. They are seeing high Net Promoter Scores from their bank customers. The CEO believes that the biggest trends in the fintech industry are companies looking to disrupt traditional banks and companies like ezbob looking to partner with banks.
PartnersExpand
growth-positive
EZBob Ltd secures a £25m debt funding facility from Shawbrook Bank and Honeycomb Investment Trust - Business Money
EZBob Ltd, a fintech startup trading as Everline and EZBob, has secured a £25m debt funding facility from Shawbrook Bank and Honeycomb Investment Trust. This follows a Series C investment round in March, which raised £20m in equity from Bank Leumi and Oaktree Capital Management. The company has already provided over £100m and over 8,500 loans to UK SMEs. The new funding will allow EZBob to offer more loans at more affordable rates. The companys automated lending platform links directly to a business key data sources to make rapid lending decisions.
Investment
growth-positive
Online lending platform EZBob raises $28 million in Series C funding
Online lending platform EZBob Ltd has raised £20m in Series C funding led by Leumi Partners and Oaktree Capital Management. The company plans to use the funds to increase its lending capacity and develop its technology platform. The investment is seen as an endorsement of EZBobs game-changing technology and unique approach to business lending. Leumi Partners, the investment arm of Bank Leumi, sees the potential of business e-lending and has chosen to invest in this leading FinTech start-up. The article does not mention any specific customers or partners.
Investment
growth-positive
Alt-Lender EZBOB Deepens Pockets by $46 Million - Finovate
U.K.-based alternative lending company EZBOB has raised $46 million in funding, bringing its total funding to $66.5 million. The company plans to use the funds to refinance existing debt and expand its loan offerings to small businesses. EZBOB also recently acquired Everline, Wongas small business finance arm, and both companies now operate under the umbrella group Orange Money. Combined, they have provided over 6,000 loans totaling $83+ million to U.K.-based SMEs. EZBOBs CEO states that they are complementary to traditional banks and provide access to capital for business owners who have been rejected by their bank.
InvestmentAcquisition
growth-positive
Ezbob Launches Microfinancing Service For UK Online Sellers To Compete With Iwoca
Ezbob, a microfinancing company for online merchants, has launched in the UK. It offers instant working credit of up to £20,000 to eBay and Amazon Marketplace sellers. Ezbob aims to cater to small e-retailers with under £1 million in annual turnover who struggle to secure funding from traditional sources. The company received angel funding and recently completed its Series A funding round, raising a total of £1.95 million. Ezbob is similar to Kabbage in the US but covers both eBay and Amazon, making it a more challenging market to enter. The UK e-retail market is estimated to reach £77 billion in 2012, with e-retail accounting for 17% of the total UK retail market.
CustomersInvestment
ezbob Team
Employee Info
| Employees (range) | 51-200 |
| Exact count | 66 |
| Team members | 3 |
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ezbob Internal
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Admin Info
| Confidence | 98/100 |
| Missing | video or image, markets |
| BI Verification | Yanina Wainscheinker |
| Registrar ID | 514774116 |
| Crunchbase | orange-money-dba-ezbob |
| Phone | +972747307718 |
| Last updater | Jenny Sotnik-Talisman |
| Updater email | jenny.sotnik@sncentral.org |
| Last update | 2024-04-16T00:00:00.000Z |
| Created | 2015-04-12T00:00:00.000Z |
| Claimed | Yes |