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Isracard Abandons Acquisition of Nir Tzuk's Digital Bank 'Esh'
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Economy16:50 · Jul 19

Isracard Abandons Acquisition of Nir Tzuk's Digital Bank 'Esh'

Calcalist
Translated & summarized from Calcalist by baba
The story · English

Isracard has decided not to proceed with the acquisition of the digital bank 'Esh,' founded by Nir Tzuk. The company announced to the stock exchange that the memorandum of understanding between the two parties has expired and was not extended. Consequently, no binding agreements were signed between Isracard and 'Esh.' Further details are expected to follow.

Read the original at Calcalist
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