Bitwala raises €4m funding

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Bitwala raises €4m funding

Bitwala raises €4m funding to build fully regulated blockchain bank account from November 2018

  • Bitwala, a global blockchain-based payment service provider headquartered in Germany
  • Using funding the firm focus on product development and growth
  • Bitwala will close the gap between crypto and traditional banking and solve one of the biggest hurdles on the road to mainstream adoption
  • Bitwala has teamed up with a partner bank, which remains undisclosed to keep up with technical and regulatory demands
  • Users gets a bank account with SEPA debit and credit transactions, management of recurring payments and a debit card
  • A cryptocurrency wallet allows cryptocurrency trading with access to instant liquidity included in the account