Neobank Keabank valued at €10.5m after fresh investment

Neobank Keabank valued at €10.5m after fresh investment

Keabank, a burgeoning neobank, has successfully garnered an investment at an initial valuation of €10.5m.

The investment was spearheaded by Mark Carnegie, a seasoned investor with more than three decades of experience in investment and corporate advisory. His expertise, particularly in digital assets and crypto ventures, is expected to provide Keabank with a strategic edge as it continues to expand its innovative payment solutions across both fiat and cryptocurrency platforms.

At its core, Keabank is dedicated to revolutionizing financial services for underserved clients. The neo-bank offers a comprehensive array of banking services, including SWIFT and SEPA payments, dedicated IBANs, crypto exchange and custody, and foreign exchange services.

It caters to both corporate and individual accounts, specializing in facilitating cross-border transactions with fiat and cryptocurrencies. Keabank distinguishes itself with a quick onboarding process, 24/7 support, and a multilingual customer service team, ideally positioned for industries such as travel, retail, and crypto companies.

Keabank maintains a steadfast commitment to innovation and compliance, ensuring robust services without compromising regulatory standards. This strategy positions Keabank as a global one-stop solution for corporate and individual accounts, featuring multi-currency capabilities and global payouts.

Mark Berkovich, CEO of Keabank, stated, “We are thrilled to welcome Mark Carnegie as an investor and founding partner. His trust in our vision and invaluable experience in the industry will be instrumental in accelerating our growth and enhancing our service offerings. This investment underscores our commitment to revolutionizing financial services for underserved clients.”

The investment process involved nearly a year of comprehensive due diligence, reflecting careful evaluation and a strong belief in Keabank’s business model, technology, and team. This extensive scrutiny ensures that Keabank is well-prepared to achieve its ambitious goals.

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