The approval marks second time in three years that a new bank will be set up in Israel; plan is for digital bank to offer attractive interest rates and services without commissions

Calcalist reports that Zuk and former Israeli securities regulator Shmuel Hauser will seek institutional investment for new bank and are eyeing a Bank of Israel license

Calcalist reports sale of Tel Aviv-based startup founded in 2019, which is latest in a string of Israeli acquisitions for the US-based multinational