Bitwala is a blockchain banking service and is the first blockchain bank account, managing everyday banking and trade and store cryptocurrencies in one account.
Bitwala empowers people to exchange value like they exchange ideas. Globally, instantly and at the lowest possible cost.
Bitwala was founded in October 2015 by Jörg von Minckwitz, Jan Goslicki, and Benjamin P. Jones. The company is headquartered in Berlin, Berlin, Germany.
Bitwala, together with its partner bank, is building a blockchain banking experience that merges the crypto and fiat worlds.
In December 2018 Bitwala launched Europe’s first regulated blockchain banking solution that enables users to manage both their Bitcoin and Euro deposits in one place with the safety and convenience of a German bank account. The bank account is hosted by the Berlin based solarisBank.
Bitwala is backed by investors including, HTGF, DCG, NKB Group, Sony Financial Ventures, Earlybird, ALSTIN and others. The company raised €13M in it's latest funding of a "Series A" round on Jul 31, 2019. Thid brings Bitwala's total funding to $21.9M to-date.