BTB Be The Bank

Company Overview

Snapshot

Founded in January 2012 by Alon Katz and Shlomi Torgeman, BTB Be The Bank operates with 51–200 employees. The company has raised $500K across one funding round. In October 2023, the fintech company proposed state-guaranteed loans for businesses affected by the war.

Business overview

BTB Be The Bank is a crowd-lending platform specializing in Fintech & Insurtech, with a focus on Lending & Financing. The company enables private individuals and businesses to provide loans to small to midsize businesses in Israel, offering lenders annual returns while supporting business growth. BTB's platform facilitates loans up to 500,000 NIS for three to five years, serving both B2B and B2C markets primarily within Israel.

Strategic signal

In October 2023, BTB Be The Bank proposed state-guaranteed loans for businesses impacted by the ongoing conflict. This initiative signals the company's strategic agility and commitment to supporting the economic stability of its target market, positioning it as a key player in financial recovery efforts and potentially expanding its market reach through government-backed programs.

Company Intelligence Q&A

What is BTB Be The Bank's core business?

BTB Be The Bank operates a crowd-lending platform that connects private individuals and businesses with small to midsize businesses in Israel, facilitating loans and offering returns to lenders.

When was BTB Be The Bank founded?

BTB Be The Bank was founded in January 2012.

Who are the founders of BTB Be The Bank?

The company was founded by Alon Katz and Shlomi Torgeman.

What was a significant strategic proposal made by BTB Be The Bank in late 2023?

In October 2023, BTB Be The Bank proposed state-guaranteed loans for businesses in Israel that were affected by the war.

What was the total capital raised by BTB Be The Bank?

BTB Be The Bank has raised a total of $500K across one funding round.