Archive · 15 Sep 2025
Nir Zuk's New Bank to Share Revenue with Customers
Imagine a new bank in Israel called Esh, founded by a cybersecurity expert.
This bank plans to give half of the interest it earns from your money back to you every week!
It's trying to be different from the big banks in Israel by offering online services like checking accounts, loans, and credit cards.
They've raised a lot of money and plan to run things with smart technology.
The goal is to shake up the banking world and make it more competitive.
This new bank aims to attract customers and offer better deals than existing banks.
Esh Bank Israel Ltd. will launch in early 2026, co-founded by Nir Zuk.
The bank will split 50% of interest revenue with customers.
The digital bank has raised 110 million ILS.
Esh will offer online checking accounts, loans, and credit cards.
The bank aims to disrupt the existing banking sector.
- Who
- Esh Bank Israel Ltd., co-founded by Nir Zuk
- What
- Will offer to share interest revenue with customers.
- When
- Offering accounts starting early 2026.
- Where
- Israel
- Why
- To disrupt the concentrated banking sector and attract customers.
- Bank Name
- Esh Bank Israel Ltd.
- Founder
- Nir Zuk
- CEO
- Yuval Aloni
- Revenue Split
- 50% of interest revenue to depositors
- Launch Date
- Early 2026
- Funding Raised
- 110 million ILS
- Services
- Online checking accounts, loans, credit cards