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Economy · Full coverage

Digital Bank One Zero Reports Significant Losses Amid Slow Customer Growth

How 2 Israeli newsrooms (in Russian, Hebrew) covered this story — translated into English and compared side by side.

Unrated 2

What happened

Digital bank One Zero has incurred 1.33 billion shekels in losses since its 2019 launch, attracting only 200,000 customers. The bank anticipates potential profitability in 2027, but its struggles may deter other firms from seeking banking licenses.

  • 01One Zero has lost 1.33 billion shekels since its 2019 launch.
  • 02The digital bank has attracted 200,000 customers with 3.8 billion shekels in deposits.
  • 03Losses are projected to decrease, with potential profitability in 2027.
  • 04The bank's struggles may discourage other companies from pursuing banking licenses.
  • 05International fintech Revolut is seen as a potential competitor in specific niches.

Summary translated & synthesized from the sources below by baba. Read each original for the full report.

In this story
People
OrganizationsOne Zero, Bank Hapoalim, Isracard, Max, CAL, Revolut
PlacesIsrael

Full coverage · 2 outlets

The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.

NEWSru IsraelUnrated · Russian1 hour ago
Digital Bank One Zero Reports Significant Losses Amid Slow Customer Growth
CalcalistUnrated · Hebrew2 hours ago
One Zero Bank's Struggles Cool Hopes for New Banking Entrants