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Max

Can a non-bank Israeli credit card company become the primary financial OS for Israeli consumers and SMBs by layering savings, lending, insurance, FX, and acquiring on top of its card base?

HQBen Gurion 9, Bnei Brak, Israel
IndustryFintech / Consumer banking
The story

Max began as Leumi Card, a bank-affiliated credit card company in Israel. After separating from Bank Leumi, it rebranded as Max and expanded beyond credit cards into personal loans, auto financing, savings accounts, foreign currency services, insurance, and business acquiring. The company is now positioning itself as a non-bank financial services platform competing directly with Israeli banks, offering a broad range of consumer and SMB financial products under one app and brand.

Last 12 months
2025-01
2025-04
2025-01
Product timeline
2025
CEO Sagit Dotan cited in Calcalist on Max competing with banks, positioning Max as a financial services platform beyond credit cards.· pivot
Regulated entities
Credit card company (non-bank)
Israel
מקס איט פיננסים בע"מ (Max IT Finance Ltd.)
Discount/acquiring license (ניכיונות)
Israel
מקס איט ניכיונות בע"מ (Max IT Discounts Ltd.)
The stack
Payments / PSP
Max Payments (self-operated)
Card issuing
Max IT Finance Ltd. (in-house)
Lending
Personal loan (הלוואה לכל מטרה)Auto financing loan (הלוואה לרכב)Business loan online (הלוואה לעסק אונליין)
FX & payouts
Okoora
Accounting gap: significant