July 31, 2019

Global Brain has invested in Bitwala, “Blockchain First” challenger bank from Germany as the co-lead investor

Global Brain (GB) has invested in Bitwala GmbH (Bitwala), financial service provider through its GB-VII Growth Fund Investment Limited Partnership (GB-VII) and SFV・GB L.P. (SFV-GB).

Bitwala, based in Germany, is developing and providing financial service with mission of bridge between traditional financial system and blockchain economy. Bitwala provides banking service, debit card issuance and cryptocurrency trading all in one platform.

GB has highly evaluated Bitwala’s mission of bridging between blockchain and traditional financial system, deep skilled management team and its high growth potential. GB starts supporting Bitwala’s growth with leveraging GB’s network, resource and also seeking potential business alliance with Sony Financial Group.

About Bitwala

Location
Ohlauer Strasse 43, 10999 Berlin Germany
Representative
Benjamin Jones
Founded
October 2015
URL
https://www.bitwala.com/

About GB-VII

Name
GB-VII Growth Fund Investment Limited Partnership
General Partner
Global Brain Corporation

About SFV・GB fund

Name
SFV・GB L.P.
General Partner
Global Brain Corporation
Fund Size
5 Billion JPY

About GB

Location
Tokyo, Japan
Representative
Yasuhiko Yurimoto
Founded
January, 1998
URL
https://globalbrains.com/

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