Berlin, 8th April 2021 – Bitwala offers the world's first banking service in cooperation with Solarisbank that combines a fully protected German bank account with access to cryptocurrencies, digital assets and blockchain-based finance. The fintech grew dynamically in 2020 and reached operational profitability just two years after launching the banking service - a rarity among fintech startups worldwide. Also in 2021, Bitwala continues progressing at speed, evolving from startup to scale-up: in the first quarter, the company acquired 50,000 new customers and increased assets under management by 400 percent. In the past six months, its workforce has grown by more than 50 percent. Now Bitwala is repositioning its top management: Current CPO Kristina Walcker-Mayer becomes the fintech's CEO, co-founder and current CEO Ben Jones takes over as Chairman of the Board. The new set-up is a logical step along the company's dynamic growth strategy to pursue its vision of bringing innovative financial products to a mass audience. 

 

In her new role, Kristina Walcker-Mayer will be responsible for the company’s strategy, leading the management team and, on a transitional basis, continuing to oversee Bitwala’s product development. Within the last few months, she has repositioned and massively scaled the product and design team, significantly contributed to the closing of the last funding round together with Ben Jones and defined the future direction of the product. Kristina joined Bitwala in September 2020 as CPO. In her previous roles, she was driving product development at N26 and led numerous product teams at Europe's largest online fashion platform Zalando.

 

As Chairman of the Board, Ben Jones will remain actively involved in the company's further development, supporting with blockchain and decentralised finance topics, fundraising & investor relations.

 

"Kristina's energy, her expertise and drive have inspired the entire team since her first day at Bitwala. With N26 and Zalando, she has already guided two of Europe's most successful tech companies through strong scaling phases, making her the perfect fit for Bitwala's continued development," says co-founder and Chairman Ben Jones.

 

"Taking proactive control of your financial future has never been more complicated. Today, millions of banking customers are frustrated as neither traditional banks nor neobanks manage to offer intuitive and competitive investment solutions. That's why I'm excited to work with the entire Bitwala team to continue driving change in the financial world and solve today’s customer problems with the help of innovative technologies," says Bitwala CEO Kristina Walcker-Mayer.

 

In addition to CEO Kristina Walcker-Mayer and co-founder & Chief Compliance Officer Jan Goslicki, Bitwala's management team consists of further long-standing tech and banking experts: Chief Financial Officer Christoph Iwaniez has ten years of experience in traditional banking and looks back on positions at Landesbank Baden-Württemberg and GIZS, where he coordinated the paydirekt payment procedure for the Sparkassen Group. Chief Growth Officer Philipp Beer brings ten years of experience in business development, sales and marketing in startups and corporations, including eight years at Google. Interim Chief Technology Officer Peter Lindgren has solid experience from around 15 years in numerous renowned tech companies such as Spotify and Klarna.



About Bitwala

Bitwala provides access to innovative financial products that meet the increasing demands of today's banking customers. No other banking service combines fully protected German bank accounts with access to cryptocurrencies, digital assets and blockchain-based finance. In order to provide legally compliant financial services, Bitwala collaborates with Solarisbank. With Bitwala, customers can invest in cryptocurrency directly from a bank account and earn up to 5% annual return on Bitcoin. The fintech empowers customers to benefit from new financial technology by being the bridge between the old and new financial system. 

Based in Berlin, Germany's second-largest challenger bank, now serves over 200.000 customers across 32 European countries. Bitwala was founded in 2015 by Jan Goslicki, Benjamin Jones and Jörg von Minckwitz. Christoph Iwaniez, Philipp Beer and Kristina Walcker-Mayer joined the management team since then. The total team presently consists of more than 100 employees. Bitwala’s investors include Earlybird Venture Capital, coparion, Global Brain and Sony Financial Ventures, G1, High Tech Gründerfonds, ALSTIN, and the Digital Currency Group.