Nuri is the new reality of banking, empowering people to save and grow money and achieve their personal financial freedom. With the complete German mobile bank account, customers can not only manage their daily finances and set up savings plans, but also invest into cryptocurrencies and even earn interest on their bitcoin. Everything modern consumers need to build their financial future — all in one place.
When Nuri set out to create Germany’s first crypto-enabled bank account, they wanted to ensure it doesn’t only cater to crypto-savants, but to any user that wants to tap into crypto and make the most of their money. However, to realize their vision, Nuri had to overcome a number of roadblocks:
By partnering with Solaris and its 100% subsidiary Solaris Digital Assets, Nuri was able to source the full suite of infrastructure modules it needed from a single API integration. From SEPA enabled bank accounts and branded debit cards to digital identification services and of course a user-friendly crypto custody solution, Solaris’ Banking-as-a-Service platform offered everything Nuri needed, saving valuable integration time and allowing for a far more scalable set up.
With the licensed custody solution of Solaris Digital Assets, Nuri can offer hassle-free custodial crypto wallets to their users, in addition to the existing customer owner wallets (non-custodial). The new wallet infrastructure enables Nuri customers to safely buy, hold and sell Bitcoin and Ether without having to worry about losing their private key. Further, Solaris Digital Assets’ internal bookkeeping system enables instant off-chain crypto transfers between Nuri’s customers, significantly reducing the network costs for Nuri and boosting the speed of crypto transactions.
“Through its reliable services and regulatory umbrella Solaris and Solaris Digital Assets’ abstract away a lot of complexity and lets us focus on what we do best: creating an outstanding user experience for Nuri’s customers.”
CEO of Nuri