Berlin-based Blockchain Bank Startup Celebrates Record Milestones and Launches Business Accounts

  • Bitcoins , Cryptocurrencies , FinTech StartUps
  • 27.06.2017 07:45 am

The leading Bitcoin and Altcoin transfer solutions provider Bitwala has launched a number of business products to bank the crypto economy. Businesses operating with cryptocurrencies will now be able to make quick and cost effective Bitcoin (or one of 44 other cryptocurrencies) to fiat transfers in 22 currencies around the world. Furthermore Bitwala offers a Visa® prepaid debit card for the owner to pay on the go in over 130 countries.

“Business accounts provide a gateway for blockchain-based financial services to provide companies the very tools needed to grow and manage their global business transactions.” - Jörg von Minckwitz.

Next phase for the leading blockchain company

Bitwala launched business accounts after achieving a series of record milestones since its founding. In the nine months between April 2015 to June 2016 Bitwala was focused on individual users. In that period the company processed millions in bill payments and bank transfers that were paid in Bitcoin.

Since last year alone and with the recent and continuous surge in crypto currencies, Bitwala grew its user base 5 fold reaching 30,000 customers from more than 120 countries and processed over €30 million in payments.

Bitwala CEO and co-founder Jörg von Minckwitz, stated “We are very excited to share our growth with the world. Since we launched our mission was to build a fantastic infrastructure to help individual users make easy crypto to fiat payments. Launching business accounts brings us a step closer to building a full fledged and first of its kind blockchain bank”.

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