Neobank Keabank has been valued at €10.5 million following a recent investment.
Date – 15-Aug-2024
Keabank, an emerging neobank, has secured a fresh investment, establishing its initial valuation at €10.5 million.
The funding round was led by Mark Carnegie, a veteran investor with over 30 years of experience in investment and corporate advisory. Carnegie’s extensive background, particularly in digital assets and cryptocurrency ventures, is expected to give Keabank a strategic advantage as it expands its innovative payment solutions across fiat and cryptocurrency platforms.
Keabank is committed to transforming financial services for underserved clients by offering a comprehensive range of banking solutions. These include SWIFT and SEPA payments, dedicated IBANs, crypto exchange and custody, and foreign exchange services. The neobank serves both corporate and individual clients, focusing on seamless cross-border transactions involving both fiat and cryptocurrencies.
Notable for its swift onboarding, 24/7 support, and multilingual customer service, Keabank is well-suited to industries such as travel, retail, and crypto. The neobank prioritizes innovation and regulatory compliance, aiming to be a global one-stop solution with multi-currency capabilities and global payouts.
Mark Berkovich, CEO of Keabank, expressed enthusiasm about the investment, stating, “We are excited to welcome Mark Carnegie as an investor and founding partner. His confidence in our vision and deep industry expertise will be crucial in accelerating our growth and enhancing our offerings. This investment highlights our dedication to revolutionizing financial services for underserved markets.”
The investment followed nearly a year of rigorous due diligence, reflecting a strong belief in Keabank’s business model, technology, and team, and positioning the neobank to achieve its ambitious objectives.
