About
Founded in 1935, Israel Discount Bank is a prominent financial institution with a rich history, establishing itself as a leading banking corporation in the region.Discount Bank caters to diverse customer segments, including households, small and mid-sized businesses, large corporations and institutes, and private banking offering a wide range of high-quality banking services tailored to each segment.Innovation and customer satisfaction are central to Discount Bank's mission, reflected in services such as a user-friendly website, SMS services, and a unique "Mafteah Discount" credit card that rewards home and business purchases.Discount Group operates abroad through IDB New York, the largest Israeli Bank operating overseas with branches in the New York area, Florida and California, focusing on the business-commercial sector and private banking. Holdings include Mercantile Discount Bank (MDB), specializing in services for small businesses, households, and local authorities. Discount Capital, Tafnit Discount Asset Management, and PayBox are integral components of the Discount Group, enhancing the array of financial solutions provided.Discount Bank is deeply committed to community involvement and supports social mobility through education and work initiatives, positively impacting Israeli society.
Key facts
At-a-glance profile data
- Website
- discountbank.co.il
- Type
- Investment Firm
- Headquarters
- Israel
- Portfolio companies
- 1
- Cheque size
- $280M to $280M
- Sector focus
- FintechAsset ManagementFixed IncomeCreditLending
Recent investments
| Date | Company | Round | Amount |
|---|---|---|---|
| 7 Feb 2024 | Pagaya Investments | Credit Facility | $280M |
Frequently asked
What companies has Israel Discount Bank invested in?
Israel Discount Bank has invested in Pagaya Investments.
