Xapo Bank
Xapo Bank is a Gibraltar-based members-only private bank serving high-net-worth Bitcoin holders and professional investors. It combines regulated fiat banking, MPC-secured Bitcoin custody, BTC-backed lending up to $5M, daily BTC-denominated yield, an institutional credit fund, and TradFi investments under one platform.
- Company typePrivate
- Founded2013
- HeadquartersGibraltar, Gibraltar
- Headcount251–500
- GTM typeB2C
- OfferingServices
What Xapo Bank does
Xapo Bank is a members-only private bank headquartered in Gibraltar, founded in 2013, that provides integrated banking and Bitcoin custody services to high-net-worth Bitcoin holders and professional investors across EMEA, APAC, and LATAM. The company operates through three wholly-owned Gibraltar-regulated entities: Xapo Bank Limited (GFSC credit institution, Permission No. 23171), Xapo VASP Limited (GFSC DLT provider, Permission No. 26061), and Xapo Credit Limited (licensed moneylender). Its platform combines regulated fiat banking with institutional-grade Bitcoin custody, delivered through a mobile application and supported by dedicated regional relationship managers. Members access USD and BTC savings accounts paying variable interest, Bitcoin-backed loans up to $5M, an in-app investment platform covering US stocks, ETFs and altcoins, a global debit card with no FX fees, and designated Bitcoin beneficiary inheritance planning; US persons are excluded and Bitcoin-backed loans are currently unavailable in the UK and Australia.
Xapo's core technology is built on Multi-Party Computation (MPC) cryptographic architecture, under which private keys never exist in their entirety at any single location, combined with physically segregated underground Swiss vault infrastructure and automatic key shard refresh across geographically dispersed, air-gapped locations. Customer Bitcoin is held 1:1 strictly off-balance-sheet with no rehypothecation and is legally segregated from Xapo's own assets. The bank reports a Capital Ratio of 167% and a Liquidity Ratio of 1,663% — both materially above the 100% regulatory standard — and is audited by KPMG. Fiat deposits are protected by the Gibraltar Deposit Guarantee Scheme up to £120,000 per depositor. Certifications include AICPA SOC 2 Type II, SOC 3, PCI DSS, GDPR, and ISO 27001-aligned controls.
Xapo's revenue model is multi-streamed: interest income on Bitcoin-backed loans at approximately 10% variable rates with up to 40% LTV; net interest spread on USD and BTC savings funded by the bank's investment in US Treasury bills and liquid assets; annual membership subscription fees; card interchange and FX margins on global spending; transaction-based fees on the investment platform; and management or performance fees on the Xapo BTC Credit Fund, which received over $200M in initial investment with full Gibraltar regulatory approval in November 2025. Go-to-market combines digital-first self-serve onboarding with white-glove relationship management, an enterprise field sales presence at major industry events (Consensus Miami, BTC Prague, Istanbul Blockchain Week, Stablecoin Conference), an uncapped global member referral programme paying $500 per validated referral, and a B2B infrastructure partnership with Lightspark that extends reach to Coinbase, Nubank, and hundreds of millions of end-users.
Xapo Bank firmographics
Firmographics- Name
- Xapo Bank
- Legal name
- Xapo Bank Limited
- Website
- https://xapobank.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Xapo Bank is a Gibraltar-based members-only private bank serving high-net-worth Bitcoin holders and professional investors. It combines regulated fiat banking, MPC-secured Bitcoin custody, BTC-backed lending up to $5M, daily BTC-denominated yield, an institutional credit fund, and TradFi investments under one platform.
- Ownership category
- akta.pro rank
Xapo Bank industry classification
Industry- Product category
- Private Bitcoin Banking
- NAICS
- Depository Credit Intermediation (5221), Open-End Investment Funds (52591)
- SIC
- National Commercial Banks (6021), Personal Credit Institutions (6141)
- akta.pro primary industry
- Crypto/Web3 Neobanks (FSABAFAG)
- akta.pro secondary industries
- Crypto-Backed Consumer Loans (Secured) (FSADAFAG), Crypto Custody & Exchange Wallet Services (Integrated) (FSADAAAG)
Keywords
Where Xapo Bank is headquartered
LocationHeadquarters
- HQ city
- Gibraltar
- HQ country
- Gibraltar
Offices1 record
Markets served
Xapo Bank business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others
Revenue model
- Bitcoin-Backed Lending: Xapo Credit Limited (Company No. 124075) issues Bitcoin-backed loans to members with up to 40% LTV. Interest rates are variable (~10%), based on Federal Reserve base rates. Zero setup, origination, or administrative fees. Revenue generated from interest accrual on outstanding loan balances.
- Xapo BTC Credit Fund Management: The Xapo BTC Credit Fund targets up to 4% annual Bitcoin-denominated returns for eligible investors with a minimum ticket size of $120,000. The fund received over $200M in initial investment from Xapo and other investors and gained full regulatory approval in Gibraltar. Revenue likely generated through management fees or performance fees on the fund.
- USD and BTC Savings Interest: Xapo Bank pays variable interest daily in Bitcoin on both USD and BTC savings products. Rate of up to 4% APY targeted. The bank uses its own capital to invest in short-term US Treasury bills and liquid assets to fund these returns. Revenue derived from the spread between Treasury yields and interest paid to members.
- Membership Fees: Members-only private bank model with annual membership cost. Customer testimonial references 'well worth the annual cost for a reliable business.' Revenue from recurring membership fees.
- Investment Platform (ETF/Stock Trading): Members gain access to US Stocks, ETFs and Altcoins in one app. Revenue likely generated through transaction fees or spreads on trading activity within the investment platform. Nine new Strive ETFs, WTI crude oil ETFs, and RKLB added in June 2026.
- Card and Transaction Fees: Global sending and spending in major currencies 24/7 with no FX fees. ATM withdrawals may incur charges from the ATM operator. Revenue from interchange fees on card transactions and potential FX margins where applicable.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Members-Only Private Bank Membership |
| Subscription | Pay-as-you-go | USD Savings - Variable APY |
| Subscription | Pay-as-you-go | BTC Savings - Variable APY up to 4% |
| Subscription | Pay-as-you-go | Bitcoin-Backed Loans - Up to $5M |
| Subscription | Multi-year contract | Xapo BTC Credit Fund - Minimum $120,000 |
| Hybrid | Pay-as-you-go | Global Member Referral Programme |
| Transaction based/ take rate | Pay-as-you-go | ETF/Stock Trading |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels7 records
Xapo Bank product offering
Product offeringCore offering
Xapo Bank operates as a members-only private bank providing Bitcoin-native financial services through three Gibraltar-regulated entities (credit institution, DLT provider, and moneylender). It offers USD and BTC savings accounts paying variable daily interest, Bitcoin-backed USD loans up to $5M, institutional-grade Bitcoin custody using MPC cryptography and underground Swiss vaults, an investment platform for US stocks/ETFs/altcoins, global spending and transfers in major currencies with no FX fees, and Bitcoin inheritance/beneficiary planning for high-net-worth Bitcoin holders.
Product overview
Xapo Bank is a members-only private Bitcoin bank based in Gibraltar offering a comprehensive suite of financial services for Bitcoin holders. The platform combines USD and BTC savings accounts with variable daily interest, Bitcoin-backed loans up to $5M USD (issued by Xapo Credit Limited), and the Xapo BTC Credit Fund targeting up to 4% annual Bitcoin-denominated returns for eligible investors. Core infrastructure includes triple-layered Bitcoin custody with MPC cryptography and underground vaults. Additional services encompass Bitcoin-powered investments (stocks, ETFs, altcoins), global spending/sending with no FX fees, Bitcoin inheritance planning through designated beneficiaries, and dedicated relationship management. The platform operates under three regulated entities: Xapo Bank Limited (credit institution), Xapo VASP Limited (DLT provider), and Xapo Credit Limited (moneylender). Fiat deposits are covered by the Gibraltar Deposit Guarantee Scheme up to £120,000; crypto assets are not covered by any deposit guarantee scheme.
Differentiator
Problem solved
Functional benefit
Brands
- Xapo BTC Credit Fund: Bitcoin yield product allowing participants to earn yield through institutional-grade lending markets, targeting up to 4% annual Bitcoin-denominated returns.
Products and services
- BTC Savings Account Bitcoin savings product that pays variable interest daily in BTC on member BTC holdings, with returns compounded in BTC and no upfront, administrative, or hidden charges.
- USD Savings Account US Dollar savings product paying variable interest daily in BTC, allowing members to earn Bitcoin-denominated yield on fiat holdings.
- Bitcoin-backed USD Loans USD line of credit secured against Bitcoin collateral issued by Xapo Credit Limited, with pre-approved limits up to $5M, ~10% variable interest rates, 40% LTV, zero fees, and no rehypothecation of collateral.
- Xapo BTC Credit Fund Bitcoin yield fund targeting up to 4% annual Bitcoin-denominated returns for eligible professional investors with a minimum ticket size of $120,000, providing institutional-grade lending market exposure with full Gibraltar regulatory approval.
- Bitcoin Custody Institutional-grade Bitcoin custody combining underground vaults, MPC cryptography, and tailored personal access controls; full private keys are never assembled in any single location and customer BTC is legally segregated from Xapo's own assets with no rehypothecation.
- Bitcoin-Powered Investments Platform In-app investment platform providing access to US stocks, ETFs, and altcoins within a single interface, enabling members to trade traditional and crypto assets together.
- Global Sending & Spending Instant global card-based spending and money transfers 24/7 in major currencies with no foreign exchange fees, powered by the Xapo Bank card.
- Bitcoin Inheritance (Designated Beneficiaries) Beneficiary designation service enabling members to nominate heirs and pre-allocate Bitcoin distribution, with a guided professional transition process upon the member's death.
- Xapo Bank Membership Annual subscription granting access to the full Xapo Bank platform, including all banking, custody, lending, investing, and inheritance services, with a dedicated personal relationship manager available 24/7.
Quantifiable outcome
- Capital Ratio of 167% vs regulatory requirement of 100%
- +7 more outcomes
Companies that use Xapo Bank
Customer profileNamed customers8 records
Segments4 records
Ideal customer profiles3 records
Xapo Bank technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability8 records
Feature6 records
Xapo Bank partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Aston Villa Football ClubcoreOfficial partnership with Aston Villa FC announced July 2025, continuing into the 2026-2027 season. Partnership built on shared philosophy of playing the long game. Aston Villa won the UEFA Europa League in 2026 and qualified for the UEFA Champions League. Xapo Bank branding appears on official channels, matchday environments, and digital platforms. Both organisations share long-term vision and pioneer mentality.
- LightsparkcoreXapo Bank uses Lightspark's infrastructure to power financial services. Lightspark highlights that Coinbase, Nubank, and Xapo Bank use its infrastructure to power financial services for hundreds of millions of users. Lightspark Grid connects to local instant payment rails across 65+ countries using Bitcoin's Lightning Network as a settlement layer.
Scale indicators8 records
Recent moves6 records
Expansion highlights7 records
Xapo Bank competitors and assessment
Company assessmentDirect peers
- Sygnum Bank: Swiss-regulated digital asset bank serving institutional and private clients across custody, lending, trading and tokenisation. Closest comparable to Xapo: both operate a regulated banking-and-DLT dual licence model targeting HNW and institutional Bitcoin wealth.
- Bitcoin Suisse: Swiss crypto-financial services firm providing brokerage, custody, lending and staking for institutional and private clients. Comparable to Xapo on regulated Bitcoin lending and custody for HNW holders.
- Ledn: Bitcoin-backed lending and savings platform with a HNW-focused offering. Directly comparable to Xapo on the BTC-collateralised loan and BTC-yield product set, though operating without a full bank licence.
- Nexo: Crypto lending/borrowing platform offering crypto-backed loans and yield products globally. Highly comparable to Xapo's BTC-backed loan and yield-savings products, though more retail-fintech oriented and less bank-like.
- AMINA Bank: Swiss-regulated crypto bank (formerly SEBA) offering custody, lending, trading and asset management to institutional and HNW clients. Directly comparable to Xapo on regulated crypto banking for the same target customer profile.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
Xapo Bank social profiles
Digital presenceXapo Bank compliance and trust
Trust signalCompliance6 records
Xapo Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Xapo Bank leadership team
Management profileNumber of profiles
Profiles10 records
Xapo Bank subsidiaries and ownership
Company hierarchySubsidiaries3 records
Xapo Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Xapo Bank M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Xapo Bank
What does Xapo Bank do?
Xapo Bank operates as a members-only private bank providing Bitcoin-native financial services through three Gibraltar-regulated entities (credit institution, DLT provider, and moneylender). It offers USD and BTC savings accounts paying variable daily interest, Bitcoin-backed USD loans up to $5M, institutional-grade Bitcoin custody using MPC cryptography and underground Swiss vaults, an investment platform for US stocks/ETFs/altcoins, global spending and transfers in major currencies with no FX fees, and Bitcoin inheritance/beneficiary planning for high-net-worth Bitcoin holders.
Is Xapo Bank a public or private company?
Xapo Bank is a private company. It is classified as unknown and is currently operating.
When was Xapo Bank founded?
Xapo Bank was founded in 2013. It employs 251 to 500 people.
Where is Xapo Bank based?
Xapo Bank is headquartered in Gibraltar, Gibraltar.
How does Xapo Bank make money?
Six revenue lines are on record. Bitcoin-Backed Lending is the primary driver. The others are xapo BTC Credit Fund Management, USD and BTC Savings Interest, membership Fees, investment Platform (ETF/Stock Trading) and card and Transaction Fees.
Who are Xapo Bank's main competitors?
Direct peers on record are Sygnum Bank, Bitcoin Suisse, Ledn, Nexo and AMINA Bank.
Does Xapo Bank have an API?
No public API is recorded for Xapo Bank.
What industry is Xapo Bank in?
Xapo Bank's product category is Private Bitcoin Banking. Its primary akta.pro industry code is FSABAFAG, Crypto/Web3 Neobanks, with a secondary code of FSADAFAG, Crypto-Backed Consumer Loans (Secured). Its NAICS code is 5221 and its SIC code is 6021.