# One Zero Digital Bank

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/one-zero-digital-bank

- Industry: Financial Services
- Headquarters: Tel Aviv, Israel
- Website: www.onezerobank.com
- Total disclosed funding: $120M
- Latest round: Series A (Dec 15, 2021)
- Investors on record: 5

## About

Founded in 2019 and based in Tel Aviv, Israel, ONE ZERO Digital Bank Ltd., formerly known as The First Digital Bank Ltd., operates as a digital banking firm that offers financial services. The company was founded by Amnon Shashua. In December 2021, The First Digital Bank Ltd. raised USD 120 million in Series A funding from SBO Holdings, Far East Ventures, West Coast Equity Partners, Yissum Research Development Company of the Hebrew University of Jerusalem Ltd., and Tencent Investment. The Series A funding values The First Digital Bank Ltd. at USD 320 million post-money. As of 2024, the company is led by its CEO, Gal Bar Dea.

One Zero Digital Bank provides artificial intelligence-enabled digital banking solutions. The products and services offered by the company include International MasterCard credit and debit cards with 0% currency conversion fees; personalized loans with lower interest rates; foreign currency exchange services; and many more. In addition, the company offers a mobile application for both Android and iOS users.

The company generates revenue by offering its services on a subscription-based pricing plan. The plans include Zero, One (ILS 49–59/month), and +One (ILS 119–139/month).

## Funding rounds

- Series A, Dec 15, 2021, $120M — SBI Holdings, Tencent Investment, Far East Capital, Yissum Research Development Company of the Hebrew University of Jerusalem, West Coast Equity Partners

## Investors

- SBI Holdings — Series A
- Tencent Investment — Series A
- Far East Capital — Series A
- Yissum Research Development Company of the Hebrew University of Jerusalem (https://capitalatlas.ai/funds/yissum-research-development-company-of-the-hebrew-university) — Series A
- West Coast Equity Partners (https://capitalatlas.ai/funds/west-coast-equity-partners) — Series A