One Zero Secures $100M for AI-Driven Banking Growth

Amnon Shashua, One Zero founder

AI-powered banking startup One Zero is securing a new $100 million investment, according to sources close to the deal. Founded by Amnon Shashua and Gil Rashman in 2019, One Zero aims to expand AI’s role in finance, offering a more advanced customer experience through its chatbot, Ella.

Previously, One Zero raised $120 million in 2021 and $62 million in 2023. With this latest injection, the company's total funding will exceed $280 million, pushing its valuation, which reached $320 million in 2023, even higher. However, details on the current valuation and the identity of the latest investor remain undisclosed. Tencent, OurCrowd, and SBI Ventures are among its notable backers.

Amnon Shashua, known for founding Mobileye (later acquired by Intel), is leveraging his experience to make banking services widely accessible with AI innovation at the core. Today, One Zero serves over 110,000 clients, aiming to lead AI integration in the financial sector, where Shashua believes AI’s potential remains underutilized.

Source: Arden Papuççiyan / Webrazzi