Esh Bank
Licensed by the Bank of Israel in 2022 (identifier No. 3), rolling out to the public with a patented model that returns half of interest income to customers.
Israeli fully-digital bank whose patented Equal Sharing model returns 50% of interest income on customer balances, with no account fees.
- Who holds it
- The company itself — it holds a full banking licence — Bank of Israel banking license (2022).
- The ledger
- The bank’s own core ledger.
- If it fails
- A covered-deposit payout through the local scheme, up to its limit.
Derived from Esh Bank’s regulation type and custody — a class of protection, not a guarantee. Limits and eligibility vary by scheme, balance and jurisdiction; confirm before you rely on it. What happens if a neobank shuts down →
The facts
| Category | traditional |
| HQ | Tel Aviv, IL |
| Founded | 2022 |
| Custody | Custodial |
| Regulation type | Licensed bank |
| License detail | Bank of Israel banking license (2022) |
| Card | No card |
| Stablecoins | No |
| KYC | Yes |
| Active regions | MENA |
| Countries | Israel |
| Founders | Nir Zuk, Yuval Aloni |
Verified links: official site ↗
Common questions about Esh Bank
What is Esh Bank?
Esh Bank is a fiat neobank, headquartered in Tel Aviv, IL and founded in 2022. Your money is held custodially, so Esh Bank or its partner bank holds the balance and you hold a claim on it. It is regulated as a licensed bank (Bank of Israel banking license (2022)).
Does Esh Bank have a card, and where can you use it?
It issues no card of its own. It is available in MENA.
Does Esh Bank require KYC?
Yes. Esh Bank requires identity verification (KYC) to open an account, as a licensed bank.
Peers
Wise · Telda · Wio Bank · Zand · YAP · Liv.
Esh Bank appears in
Neobanks that hold their own banking license (132) · Neobanks that require identity verification (334) · Neobanks available in MENA (86) · Neobanks with no card of their own (66)
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.