The Bitwala Newsroom

The Bitwala Newsroom

Short Description

Bitwala is Germany’s flagship cryptocurrency company founded in 2015. Its vision is to empower people to exchange value like they exchange ideas. Globally, instantly and at the lowest possible cost.
What is Bitwala?

Bitwala offers the world’s first all-in-one platform combining a regular bank account, a Bitcoin wallet, and seamless bitcoin trading options. Our customers can easily buy and sell bitcoin - whether online or mobile - with fast liquidity directly from their bank account. The bank account is hosted by a German partner bank.

Customers in all 31 countries of the European Economic Area can access the benefits of a German bank account. Euro deposits up to €100,000 are protected by 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 was founded in 2015 by Jan Goslicki, Benjamin Jones and Jörg von Minckwitz. Christoph Iwaniez and Philipp Beer joined the management team since then. The total team presently consists of more than 40 employees. Bitwala’s investors include Earlybird Venture Capital, coparion, Global Brain and Sony Financial Ventures, High Tech Gründerfonds, ALSTIN, and Digital Currency Group.

Latest press releases

October 22nd, 2019
Bitwala Integrates CryptoTax as Painkiller for Tax Declaration Woes

Bitwala is the first blockchain banking service to offer integrated tax reporting solutions to its users through its strategic partnership with CryptoTax. The service is free of charge for all Bitwala customers across the 31 countries of the European Economic Area and provides the same level of convenience in tax reporting as traditional financial institutions.

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August 29th, 2019
Secure, Fast, Mobile: Bitwala Launches Bitcoin Banking on Your Smartphone

For the first time, mobile users can open a German bank account with an integrated bitcoin wallet and trading on their smartphone within minutes.

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July 31st, 2019
Bitwala Raises the Biggest Ever Equity Funding for a German Blockchain Startup

Bitwala, the only crypto-first banking service in the European Economic Area, raises 13 million Euro in Series A funding round to accelerate growth and offer B2B accounts.

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May 21st, 2019
Ex-Googler Philipp Beer joins Bitwala as Chief of Growth

Bitwala is strengthening its senior leadership with Philipp Beer as Chief of Growth. In this newly created role, Philipp is responsible for the strategic growth and the market positioning of the blockchain banking service.

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March 20th, 2019
Bitwala of Berlin Tokenises the Future of Blockchain Banking

Bitwala, Germany’s flagship cryptocurrency company with customers in more than 30 European countries, is building the war chest for its future Security Token Offering.

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February 21st, 2019
Bitcoin Trading at Bitwala Reaches EUR 1 Mln Shortly After New Product Launch

Only weeks after the official launch of Bitwala’s new product, customers have already traded a total of EUR 1 Mln worth of Bitcoin.

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December 12th, 2018
Bitwala is live! Blockchain banking starts today

No bank has done this before. Starting today Bitwala is offering the first of its kind banking solution combining Euro and bitcoin deposits in one place with the safety and convenience of a German bank account.

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October 24th, 2018
German Cryptocurrency Regulation Needs to Improve

Bitwala holds a public rally in front of the Brandenburg Gate to raise awareness about the lack of regulation surrounding cryptocurrencies in Germany.

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October 9th, 2018
Blockchain banking with a German bank account is only weeks away

Bitwala announces partnership with solarisBank to build the first blockchain bank account regulated by German banking laws and introduces its new website.

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September 25th, 2018
Bitwala Raises over EUR 4 Million to Launch Germany’s First Blockchain Banking Service

The company raises over EUR 4 million from Earlybird Venture Capital and coparion to accelerate product development and growth.

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February 26th, 2018
Award-winning FinTech company Bitwala announces crypto-first, blockchain banking experience coming soon

Bitwala announces its upcoming relaunch as a crypto-first bank together with its German banking partner

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Media coverage

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The Bitwala Account
The Bitwala AccountDownload
Bitwala user interface und debit karte
Bitwala user interface und debit karteDownload
Management team - Bitwala
Management team - BitwalaDownload
Philipp Beer - CGO at Bitwala
Philipp Beer - CGO at BitwalaDownload
Benjamin Jones - CTO and co-founder
Benjamin Jones - CTO and co-founderDownload
Christoph Iwaniez - CFO at Bitwala
Christoph Iwaniez - CFO at BitwalaDownload