# AMINA Bank

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/amina-bank

- Industry: Financial Services
- Headquarters: Zug, Switzerland
- Website: www.aminagroup.com
- Total disclosed funding: $120M
- Latest round: Series C (Jan 12, 2022)
- Investors on record: 6

## About

Based in Switzerland, AMINA Bank AG specializes in providing innovative financial services focused on the cryptocurrency sector, catering to a diverse clientele ranging from individuals to institutional investors.AMINA Bank AG is a financial institution that focuses on the cryptocurrency market, headquartered in Zug, Switzerland. The bank was founded in 2018 by Sébastien Mérillat, who has a history of entrepreneurship in the financial sector. The company has successfully completed 3 deals, with its most recent funding round being a Series C on January 12, 2022, raising CHF 110.000 mn led by Defi Technologies Pte. Ltd. and supported by investors like Alameda Research Ventures and Julius Baer Group.AMINA Bank AG offers a comprehensive suite of financial products and services tailored specifically for the cryptocurrency market. Their core offerings include banking packages, trading solutions, custody services, and staking programs. The banking services encompass current accounts, online banking, and various deposit options such as fixed-term and notice accounts. Trading services allow clients to access global markets for equities, fixed income, ETFs, and cryptocurrencies, while the custody solutions ensure secure storage of digital assets through both hot and cold wallet options. The company targets a diverse clientele, including individuals, corporations, and institutional investors, providing solutions designed to meet the unique needs of each segment. AMINA Bank operates in multiple geographical markets, including Europe, Asia, and the Middle East, facilitating both retail and institutional transactions within these regions.AMINA Bank AG generates revenue through a structured fee system surrounding its financial services. Clients engage with the bank via subscription-based models for various services, including access to trading platforms and custody features. Users may incur transaction fees when executing trades or annual fees for maintaining accounts and custody services. Additionally, AMINA Bank provides staking services, where clients can earn rewards on their cryptocurrency holdings, contributing to the bank's revenue through performance-based incentives. The pricing structure reflects the premium nature of AMINA's offerings, underscoring its position as a regulated and trusted provider in the crypto banking space. The bank's revenue model is strategically designed to cater to both direct consumers and institutional clients, enhancing customer loyalty and long-term partnerships.Following the recent funding round in January 2022, which raised CHF 110.000 mn, AMINA Bank AG aims to expand its offerings by launching new products designed for the evolving cryptocurrency landscape. The bank is also planning to increase its market presence in regions such as Asia and the Middle East by the end of 2023. The funds raised will be utilized to support product development and marketing initiatives to facilitate this expansion.

## Funding rounds

- Series C, Jan 12, 2022, $120M — Julius Baer, Summer Capital, Altive Capital, Alameda Research Ventures, Defi Technologies Pte. Ltd., Ordway Capital

## Investors

- Julius Baer (https://capitalatlas.ai/funds/julius-baer) — Series C
- Summer Capital — Series C
- Altive Capital — Series C
- Alameda Research Ventures (https://capitalatlas.ai/funds/alameda-research-ventures) — Series C
- Defi Technologies Pte. Ltd. — Series C
- Ordway Capital — Series C