Air Bank

Over its time on the Czech market, Air Bank has grown into its role as an innovator and leader in customer friendliness and meeting customers needs', routinely bringing new services and solutions to market. Air Bank has steadfastly acquired new business, increased its lending volume, and recorded all-around growth in its revenue from ordinary retail banking.

It was the first domestic bank to launch instant payments. It was also among the first to make the popular Apple Pay service available in the Czech Republic, subsequently going on to add Google Pay, Garmin Pay, and Fitbit Pay. It launched multi-banking and linked this system with all other major banks (from which many clients make their way to Air Bank). 

One major innovation was the option of opening an account in the My Air mobile app. Air Bank also introduced the domestic market’s first Czech-speaking voice assistant for its banking app and actively participated in the introduction of the banking identity system (BankID) in the Czech Republic.

At the end of 2019, eight years after its inception, Air Bank had more than 788,000 clients served by 798 employees at 35 branches in the Czech Republic’s largest towns and cities.

PPF Group holds 91.12% in Air Bank through PPF Financial Holdings B.V. and Home Credit B.V.

Zonky

Zonky, operated by Benxy (a subsidiary of Air Bank), is a P2P fintech platform. Zonky offers to lend money via a simple digital platform and application. Using a computer or smartphone, customers can handle the whole borrowing process from submitting an application to signing a contract within minutes. Zonky typically charges lower interest than traditional lenders.

Zonky also offers services for all types of investors, both experienced and newcomers based on sharing economy principles. At Zonky, clients themselves can make money by acting as a “bank” and investing into loans without an institutional intermediary, either through our in-house portfolio management or through a Zonky Rentiér.