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Nuri

Closed

The bank of the blockchain economy. Invest in cryptocurrencies and earn up to 5% annual return on your Bitcoin.

Bitwala GmbH

Crypto and DeFi

About Nuri

We know that investing and managing money is complicated. It's difficult to access everything you need, all in one place. We think it’s time for this to change.  We believe absolutely everyone should have the ability to build their financial future and grow their wealth . That’s why we’re introducing  Nuri , the new reality of banking.

As Bitwala, we created the world’s first cryptocurrency bank account. As Nuri, we’ve evolved. We’re making investing possible for everyone by giving you all the tools you need to  grow your money .  Nuri is the gateway to Bitcoin and beyond .

So, where does the name come from? We are entering a New Reality - in fact, that’s part of the story behind the new name – Nu Ri. With Nuri, you can already get high interest rates and 24/7 access to cryptocurrencies.

But we're not stopping there –  We think technology can completely reimagine every aspect of finance . It’s not just a new style of banking, it’s a whole new reality.

Former brand name: Bitwala

Bitwala is the first blockchain bank account. Invest in cryptocurrencies and earn up to 5% annual return on your Bitcoin. On Android & iOS. All Bitwala accounts come with a built-in Bitcoin and Ether wallet for secure coin storage and a debit card to spend your funds abroad, both online and in stores.

Founded in 2015, it has received over €6 million in funding from European and American investors including, HTGF, DCG, Earlybird, ALSTIN, and coparion. Our team of 30+ international professionals is based in Berlin, Germany.

Filed for insolvency on 09.08.2022 . Company in liquidation since November 2022.

Funding

€43.5m

Total raised

€90m

Valuation

RoundYearAmount
Latest round 2021 €9m
Round −1 2020 €15m
Round −2 2019 €13m
Round −3 2018 €4.1m
Round −4 2017 €1.6m
Round −5 2016 €800k

Financials (€m)

YearRevenueEBIT
2018 €-2.9m
2019 €-6.4m
2020 €-9.7m