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Bitwala launched in Berlin in 2014, rebranded as Nuri, and went insolvent in 2022. We overpromised, overrisked, and paid for it. Then we rebuilt. Getting Bitcoin into daily life still means a wallet, an exchange, a bank account, and a card to spend. Four separate platforms, none of which you control. Bitwala puts custody and spending in the same place, with your keys staying yours throughout. Self-custody wallet with MPC architecture and no seed phrase required, 24/7 trading at €1 + 1%, and a Visa card accepted at over 100 million merchants worldwide. No merchant needs to accept crypto. You just spend. Personal IBAN for euro deposits and withdrawals. Bitcoin-backed loans on waitlist. 150k+ users. €3b in transaction volume. €500m in assets under management. 4.4 on the App Store. Regulated in Europe, made in Germany. In operation since 2014. Never been hacked.
Your one app to live on crypto.
Venture Round
$1.6M
Feb 2024
Blockchain Founders Fund, Pointer.Capital, Claret Capital Partners