Last updated 2026-07-29
- Raised $28.5M Series A led by Clal Insurance, Dec 2022
- Raised $6.5M Seed round led by Kli Capital, Jun 2019
Total raised
$35.0M
Stage
—
Founded
2021
Headcount
—
HQ
Tel Aviv, Israel
Sector
Fintech & Insurtech
About
Esh Bank is an Israeli digital bank that received its license from the Bank of Israel in 2022. It was co-founded by American-Israeli tech billionaire Nir Zuk and aims to offer a new banking model with no fees and a 50% profit-sharing scheme on interest earned from customer balances. The bank began pilot operations and was expected to launch publicly in early 2026. A proposed acquisition by Isracard collapsed in July 2026.
Funding history · 2 rounds · $35.0M total
2022-12
A Round
$28.5M
★ Clal Insurance
2019-06
Seed
$6.5M
★ Kli Capital
Q&A
- What is Esh Bank's core business model?
- Esh Bank is an Israeli digital bank aiming to disrupt traditional banking with zero fees and a 50% profit-sharing scheme on interest earned from customer balances.
- When was Esh Bank founded?
- Esh Bank was founded in December 2021.
- Who are the co-founders of Esh Bank?
- Esh Bank was co-founded by Nir Zuk and Yuval Aloni.
- When did Esh Bank receive its banking license?
- Esh Bank received its license from the Bank of Israel in 2022.
- What is the status of Esh Bank's public launch?
- Esh Bank began pilot operations and was expected to launch publicly in early 2026.
- What was the outcome of the proposed acquisition of Esh Bank by Isracard?
- A proposed acquisition of Esh Bank by Isracard collapsed in July 2026.
- Who serves as the Chairman of Esh Bank's board?
- Prof. Shmuel Hauser, former head of the Israel Securities Authority, serves as the Chairman of Esh Bank's board.
- Who is the Group CEO of Esh Bank?
- Yuval Aloni is the Group CEO of Esh Bank.
Team · 7
Nir Zuk
Founder · Co-founder
Yuval Aloni
Founder · Co-founder & Group CEO
Kobi Malkin
Former Bank Massad CEO
Shiri Raanan
CPO
Alex Liverant
CTO
Prof. Shmuel Hauser
Chairman, Former Israel Securities Authority head
Dr. Nadine Baudot-Trajtenberg
Deputy Chair, Former Deputy Governor of the Bank of Israel
Sectors & technology
Primary sector
Fintech & Insurtech
Technologies
Target customers
Business model
b2cb2b
Tags
fintechdigital-bankingneobank
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
Identifiers & details
| Founded | 2021-12 |
|---|
Radar intelligence
Patents
| EPO | 2 |
|---|
Web history (Wayback)
| Domain | esh.com |
|---|
Certificate / subdomain footprint
| Subdomains | 15 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 515666675 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2017-05-29 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2025 |
| Active charges / liens | 0 |
| Registry events | 6 — shares_capital (1), other (1), annual_report (4) |
| Registered address | החרש 20 תל אביב - יפו |
Recent registry events
| Date | Event |
|---|---|
| 2026-06-23 | הקצאת מניות |
| 2025-12-07 | שינוי בתקנון |
| 2025-08-07 | דו~ח שנתי-עדכון בעל תפקיד |
| 2025-08-07 | דו~ח שנתי-הוספת בעל תפקיד |
| 2025-08-07 | דו~ח שנתי-הסרת בעל תפקיד |
| 2025-08-07 | דו~ח שנתי-עדכון מען דיגיטלי |