Company Overview
Snapshot
Founded in February 2019 by Amnon Shashua, ONE ZERO Digital Bank operates with 201–500 employees. The company has raised $182 million across three funding rounds from 8 investors. In February 2023, the company secured funding from investors including OurCrowd and SBI JI Innovation Fund.
Business overview
ONE ZERO Digital Bank is an independent digital bank that offers advanced private banking services without physical branches. Its core offerings include flexible and competitive credit solutions, alongside standard banking services such as current accounts, credit, deposits, and securities management. The company serves both B2C and B2B markets, operating within the Fintech & Insurtech sector and focusing on personal finance management through mobile platforms.
Strategic signal
In January 2024, ONE ZERO Digital Bank announced plans to launch a digital bank in Italy in partnership with Generali, alongside a CEO replacement and job cuts. This strategic move indicates a significant international expansion effort into the European market, while also signaling internal restructuring to optimize operations and leadership for future growth.
Log in to access full profile ›Company Intelligence Q&A
- What is ONE ZERO Digital Bank's primary focus?
- ONE ZERO Digital Bank focuses on providing digital private banking services, including flexible credit solutions and standard banking operations like current accounts, deposits, and securities management, without physical branches.
- When was ONE ZERO Digital Bank founded?
- ONE ZERO Digital Bank was founded in February 2019.
- What was a key strategic development for ONE ZERO Digital Bank in January 2024?
- In January 2024, ONE ZERO Digital Bank announced its intention to launch a digital bank in Italy through a partnership with Generali, alongside a change in CEO and workforce reductions.