What is FlowBank?
Founded in 2020 and headquartered in Geneva, Switzerland, FlowBank operates as a digital bank and investment platform. The company aims to provide a comprehensive suite of financial services, including banking, trading, and investment management, through its technology-driven platform. FlowBank's focus on innovation and user experience positions it within the rapidly evolving landscape of digital finance, seeking to attract a new generation of investors and banking customers.
How much funding has FlowBank raised?
FlowBank has raised a total of $38.4M across 2 funding rounds:
Private Equity
$11.8M
Private Equity
$26.5M
Private Equity (2021): $11.8M with participation from CoinShares International
Private Equity (2022): $26.5M led by CoinShares
Key Investors in FlowBank
CoinShares
CoinShares is Europe's largest digital asset investment firm, managing billions of assets on behalf of a global client base. The company's mission is to expand access to the digital asset ecosystem by pioneering new financial products and services that provide investors with trust and transparency when accessing this new asset class.
CoinShares International
An entity associated with CoinShares, likely involved in strategic capital allocation within the digital asset investment space.
Undisclosed Investor
An undisclosed investor participating in the funding round, contributing to FlowBank's overall capital structure.
What's next for FlowBank?
The recent major strategic investment signals a pivotal phase for FlowBank, likely enabling the company to accelerate its product development, expand its market reach, and enhance its technological infrastructure. This infusion of capital is expected to fuel further innovation in its offerings, potentially including the introduction of new investment products or the expansion into new geographical markets. FlowBank's strategic backing suggests a clear path towards scaling its operations and solidifying its competitive standing in the fintech industry.
See full FlowBank company page
