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Full coverage· Economy· Updated

Israeli Digital Bank One Zero Explored for Sale by Founder Amnon Shashua

Prominent Israeli entrepreneur Amnon Shashua is exploring the sale of his controlling stake in the digital bank One Zero for an estimated 1.2 billion shekels.

2 newsrooms · 1 language · since

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What happened

  1. 01Amnon Shashua is considering selling his controlling stake in the digital bank One Zero.
  2. 02The bank is reportedly valued at 1.2 billion shekels.
  3. 03One Zero launched in 2022 as Israel's first digital bank in decades.
  4. 04The bank reported a loss of 84 million shekels in the first half of 2026.
  5. 05Shashua faces challenges in other tech ventures like Mobileye and OrCam.

Launched in 2019, One Zero aimed to disrupt traditional banking with AI and automation but has faced financial challenges, reporting an 84 million shekel loss in the first half of 2026. This potential sale occurs as Shashua navigates difficulties in other tech ventures, including Mobileye, OrCam, and AI21 Labs.

Translated and summarized by baba from Ice, the latest report. Read Ice’s original

The coverage

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