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Nuri (formerly Bitwala)

Fintech / CryptoGermanyClosed 2022

Total Raised

$30M

Peak Valuation

Undisclosed

Employees

Year Collapsed

2022

Business model

Combined bank account and cryptocurrency wallet app for German retail customers.

In brief

One of Germany's best-known crypto banking apps, letting customers hold euros and Bitcoin in a single regulated account. Exposure to the broader 2022 crypto downturn, including a Bitcoin Interest Account tied to Celsius, combined with a "challenging year" for fintech funding broa…

See the What Happened tab for the full account.

Key facts

Founded
2015
Closed
2022
Headquarters
Berlin, Germany
Industry
Fintech / Crypto
Employees
Revenue
Undisclosed

Related failures

Often compared with: Revolut, N26.