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Nuri
New reality banking
- 201-500 employees
- Fintech
- B2C
- Cryptocurrency
- Banking
- Personal finance
- Investing
- Blockchain
- Kreuzberg, Berlin, BE
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Company mission
To empower people to manage and grow their wealth through innovative technologies.
Our take
Almost half of Millennials refrain from investing their money. Why? Because they don’t know how or don’t think they have enough startup capital to even begin. Moreover, cryptocurrencies are considered an important part of a well-diversified investment portfolio with a long-term focus.
When Nuri, previously Bitwala, was launched in 2015, Bitcoin was something for the cyberpunks and anarchists who thought it was going to take over Visa, MasterCard, PayPal and central banks. Nuri enables customers to manage their day-to-day finances and easily build their wealth using products based on technologies such as blockchain. Customers may create a monthly savings plan for Bitcoin and/or Ether and select the day and amount according to their goals.
Fast forward a few years and Nuri now hundreds of millions of Euros in assets under its management, it’s operationally profitable and, in terms of the number of customers, it’s the third biggest neobank in Germany, behind fintech giants N26 and Revolut. Looking ahead, Nuri risks being heavily linked to certain cryptocurrencies should its investor-customers get cold feet and want to jump ship, as has been seen in the recent downturn of the crypto ecosystem.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Inclusiveness & Diversity
- We offer internal and external workshops and a yearly €1000 Learning and Development budget to encourage personal growth. To grow your language skills we offer fully sponsored German classes starting from level A1 to C1
- Mental health matters. We offer a fully-sponsored gym membership (Urban Sports) as well as six paid mental health sessions per year with a professional therapist
- We offer 28 holidays and flexible ways-of-working, you have the option available to work from our modern office in Kreuzberg, and/or work remotely within Germany. Additionally, we also offer a remote option to work outside of Germany up to 2 months at a time
Company values
- Live the revolution - Blockchain technology is going to change the world. We’re the catalyst
- Not another bank - Trust and responsibility without the old-fashioned thinking
- Adapt - When our first product was destroyed, we came back stronger than ever
- Mind your karma - Be the best you can be and help your colleagues do the same
- The best idea wins - Value ideas over hierarchy. Listen, learn and speak your mind
- Aim for the moon - Well-funded, our team doubled in size within 6 months
Funding (last 2 of 9 rounds)
Feb 2024
$0.2m
EARLY VC
Jun 2021
$9.5m
EARLY VC
Total funding: $45.2m
Leadership
Benjamin Jones
(Co-founder & Chairman)Self-taught programer with over 5 years of experience in blockchain and cryptocurrencies. A London School of Economics graduate, Ben was previously CTO & Co-founder of BitcoinsBerlin, a startup incubator and served as Nuri's CEO/CTO until 2021.
Jan Goslicki
(Co-founder & Managing Director)Studied economics and has over 5 years of crypto and blockchain experience under his belt. Before founding Bitwala he worked at PwC as a IT Consultant and also co-founded Bitcoins Berlin, a startup incubator.