Berlin-based Bitwala secures €15 million to expand its crypto services


Berlin-based crypto services startup Bitwala has announced another €15 million in funding after closing a €13 million Series A last year. The recent round was led by Earlybird, with participation from Coparion, Global Brain and other investors.

Founded in 2015 and dubbed a “bank for the blockchain economy”, the German company now reports having 150,000 customers across 32 countries and holding around €60 million in digital currencies for its clients. The fresh capital will help continue to grow the client base as well as launch new crypto services, such as a recurring purchase feature.