Last updated 2026-07-27
- Raised $1.3B Undisclosed Round, Jul 2025
- Acquired Union Bank of Israel for $404M, Sep 2020
- Acquired Adanim Bank, Mar 2009
Total raised
$1.3B
Stage
Public
Founded
1923
Headcount
500+
HQ
Ramat Gan, Israel
Sector
Fintech & Insurtech
About
Mizrahi Tefahot Bank is Israel's third-largest bank by assets, providing a full spectrum of banking and financial services to private and institutional clients. It offers commercial, domestic, and personal banking, including mortgages, loans, deposits, and investment management. The bank operates through a nationwide network of branches in Israel and has international branches in the UK and US.
Funding history · 3 rounds · $1.3B total
2025-07
Undisclosed Round
$1.3B
2025-01
Undisclosed Round
Undisclosed
1963-01
Secondary Round
Undisclosed
Team · 25
Moshe Lary
President & CEO
Adi Shachaf
Head - Financial Division; Chief Financial Officer; Executive Vice President
Ayala Hakim
Chief Information Officer; Head - Mizrahi Tefahot Technology Division Ltd
Menahem Aviv
Executive Vice President, Head of Financial Reporting and Information Division & Chief Accountant
Shevy Shemer
Executive Vice President, Head of Retail Division
Meital Haroush
Executive Vice President
Ofir Morad
Executive Vice President
Terry Yaskil
Executive Vice President
Ofer Horvitz
Executive Vice President
Galit Weiser
executives
Rachel Friedman
Executive Vice President
Benyamin Choukroun
executives
Hanan Kikozashvili
executives
Tal Ben Ari
executives
Micha Argaman
executives
Avraham Zeldman
Chairman of the Board
Gilad Rabinobich
Director
Hannah Feuer
Independent External Director
Hedva Ber
Director
Estery Giloz-Ran
Director
Eli Alroy
Director
Ron Gazit
Director
Jonathan Kaplan
Director
Ilan David Kremer
Director
Joseph Fellus
Independent External Director
Sectors & technology
Primary sector
Fintech & Insurtech
Target customers
Tags
bankingfinancial-servicesmortgagescommercial-bankingretail-bankinginvestment-banking
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | www.mizrahi-tefahot.co.il |
|---|
Identifiers & details
| Legal name | Mizrahi-Tefahot Bank Ltd. |
|---|---|
| Founded | 1923-6 |
| Employees (exact) | 7313 |
Acquisitions & public offerings
| Acquired | Date | Amount |
|---|---|---|
| Union Bank of Israel | 2020-09 | $404.0M |
| Adanim Bank | 2009-03 | |
| Bank Yahav for Government Employees Ltd. | 2008-01 |