Fundz

Crypto bank Sygnum raises $40 million at $900 million valuation

Jan 25, 2024

Amount Raised

$40 Million

Round Type

Funding Round

ZurichFinancial ServicesBlockchainCryptocurrencyBanking

Investors

Azimut Holding

Description

Crypto banking group Sygnum announced today that it has secured over $40 million in an interim close of a strategic funding round, led by Milan-based asset manager Azimut Holding.

Quick answer

Sygnum Bank raised $40 Million in a Funding Round round, dated January 25, 2024. Investors: Azimut Holding. Sygnum Bank is based in Zurich, Zurich, Switzerland.

How much did Sygnum Bank raise?
Sygnum Bank raised $40 Million in a Funding Round round on January 25, 2024.
Who invested in Sygnum Bank?
Azimut Holding is named as investors in this round.
What does Sygnum Bank do?
Sygnum is a global digital asset banking group, founded on Swiss and Singapore heritage.
Where is Sygnum Bank based and how big is it?
Sygnum Bank is based in Zurich, Zurich, Switzerland. Fundz records about 240 employees.
Who are the decision-makers at Sygnum Bank?
Fundz holds 1 contact at Sygnum Bank. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Blockchain around the same time

Companies in the same sectors as Sygnum Bank that raised within 45 days of this round, from Fundz verified event records.

  • Oyl raised $3M (Pre-Seed) on March 7, 2024.
  • VaultEscrow raised $8M (Seed) on March 6, 2024.
  • Baanx raised $20M (Funding Round) on March 5, 2024.
  • Backpack Exchange raised $17M (Series A) on February 28, 2024.
  • Oobit raised $25M (Series A) on February 16, 2024.
  • Architect raised $12M on February 14, 2024.

Who to call at Sygnum Bank, and when

A new round usually means Sygnum Bank is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Sygnum Bank raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Sygnum Bank, from your own LinkedIn network

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Company Information

Company

Sygnum Bank

Location

134 Uetlibergstrasse

Zurich, Zurich, Switzerland

About

Sygnum is a global digital asset banking group, founded on Swiss and Singapore heritage. We empower professional and institutional investors, banks, corporates and DLT foundations to invest in digital assets with complete trust. Our team enables this through our institutional-grade security, expert personal service and portfolio of regulated digital asset banking, asset management, tokenisation and B2B services. In Switzerland, Sygnum holds a banking licence and has CMS and Major Payment Institution Licences in Singapore. The group is also regulated in the established global financial hubs of Abu Dhabi and Luxembourg. We believe that the future has heritage. Our crypto-native team of banking, investment and digital asset technology professionals are building a trusted gateway between the traditional & digital asset economies that we call Future Finance.

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Sygnum Bank raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.