Fintech Nuri gets nine million euros

After the relaunch of Bitwala, Nuri receives a new round of financing. The aim is now to address a broader target group.
Berlin-based fintech Nuri has raised a new round of investment after its relaunch. The startup, which was known as Bitwala until a month ago, is receiving nine million euros. In May, CEO Kristina Walcker-Mayer announced that it was time for a change in strategy.
The money comes from existing state investor Coparion and new investor, London-based VC DIP Capital, Finance Forward reports. This adds to the startup's 15 million round from last winter. Nuri offers an account from which people can invest in cryptocurrencies like bitcoin. The account runs through fintech Solarisbank.
"Making blockchain products and services accessible to more people requires a brand and user experience that is inclusive and appeals to a diverse audience. Our new Nuri brand and revamped customer experience are the foundation for many more innovative products and features we will offer our customers in the coming months and years," says Walcker-Mayer.

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