Bitwala secures €15 million from Earlybird, Coparion, Global Brain.

Bitwala, a Berlin, Germany-based company operating an all-in-one platform combining a regular bank account, crypto wallets, and seamless bitcoin & Ethereum trading options, announced completing a funding round of €15 million ($18M).

The money was raised from German investors led by Earlybird and included contributions from Coparion and Global Brain.

Bitwala, founded in 2015 by Jan Goslicki, Benjamin Jones and Jörg von Minckwitz, which lead the company  with Christoph Iwaniez and Philipp Beer, developed a digital platform whereas consumers can easily buy and sell bitcoin & ether - whether online or mobile - with fast liquidity directly from their bank account. The bank account is hosted by a German partner bank.

The company has customers in the European Economic Area backed by a German bank account, which protects Euro deposits up to €100,000 via the German deposit guarantee scheme. Moreover, the account comes with a free debit Mastercard that can be used for contactless payments and free withdrawals at 40 million ATMs and POS’ worldwide.

Bitwala previously raised €12.7M in 2019.