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The crypto bank Coinhouse accelerates its expansion in Spain, after raising 40 million

the recent financing round completed by the crypto banking Coinhouse, of €40 million, will allow you to make a qualitative leap. In this way, you want to speed up your expansion in Spain, for individuals and companies, since it has been operating in the country since 2021, with nearly 3,000 clients. Among the investors: the ODDO BHF bank, the investment funds True Global Ventures, Tioga Capital, XAnge Siparex Innovation, Raise Ventures, CF Partners, ConsenSys, Expon Capital, as well as several large families and French business leaders.

coin house has quadrupled its workforce in less than two years and it is positioning itself as the first support platform for individuals and companies, allowing them to invest in a simple way in fifty crypto assets as well as in crypto savings management products.

Transparent and adaptable offer

Coinhouse has tools and customer services in Spanish. Today he wants to accelerate in the Iberian Peninsula, with the same objective: to democratize the cryptoactive universe, with security and transparency. Through its mobile consumer application and its unique Crypto Private Banking service in Europe, Coinhouse stands out for offering a transparent service offer adapted to everyone:

  • A customer service made up of crypto experts, open to all, based in Paris, multilingual and accessible by email and phone.
  • A team of account managers and experts dedicated to corporate clients.
  • Exclusive crypto savings management products, such as crypto booklet and piloted management.
  • A crypto custodian offering for institutional investors and large accounts.

At the same time, the French crypto asset expert continues its strong growth by diversifying its service offering to meet the needs of new clients in this still emerging market. Since the beginning of 2022, Coinhouse has been opening up to the world of crypto payments and to the needs of brands and merchants addressing Web3 (an Internet based on decentralization and ownership).

As a registered digital asset service provider in France and Luxembourg, Coinhouse has supported more than 20 major French and international brands by enabling them to securely acquire and hold land in metaverses, or accept cryptographic payments immediately converted into euros for the sale of objects or NFTs, without having to manage the complexity of a portfolio or the accounting management of volatile assets.

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Frank Desvignes, Partner at True Global Ventures, states: “TGV’s vision is aligned with that of Coinhouse: to develop a cryptobank model oriented around a quality support service and investment products aimed at new customer segments.
(including family offices and companies)”.

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