Bank Frick

What Bank Frick does

Bank Frick AG is a family-owned, fully licensed universal bank founded in 1998 and headquartered in Balzers, Liechtenstein, with branch offices in London and Dubai (DIFC, opened December 2025). The bank operates exclusively as a B2B intermediary-focused institution, serving fintechs, crypto companies, asset managers, payment service providers, family offices, fund promoters, pension funds, and fiduciaries, with no retail banking. Its service platform is organized into five modular pillars: Intermediary Solutions, Blockchain Banking Solutions (regulated crypto trading, custody of ~$1B in digital assets, staking, and tokenization), Fund Solutions (AIF/UCITS custody and administration), Capital Market Solutions (issuance and distribution support, including Actively Managed Certificates via GenTwo), and Acquiring Services (Visa and Mastercard processing, for which it is the only Liechtenstein-licensed bank).

The technology backbone centers on xPULSE, a proprietary 24/7 fiat payment network enabling same-currency settlement seven days a week, complemented by VBAN virtual IBANs for automated payment reconciliation and sponsored access to the RULEMATCH low-latency trading venue. Crypto custody is independently audited by Halborn, and the bank holds ISO 27001, MiCAR, MiFID II, PSD2, FATCA, and AEOI certifications. Banking-as-a-Service-style APIs are available at developers.bankfrick.li, and the bank recently expanded its AMC offering to include active exchange listings.

Bank Frick generates revenue primarily through net interest income (CHF 42.8M in 2025, +2.3% YoY), trading operations (CHF 29.1M, stable), and commission and service business (CHF 18.4M, +6% YoY), totaling approximately CHF 90M of operating revenue and CHF 9.2M of net profit for FY2025. The bank held CHF 7.6B in client AUM at year-end 2025 (down 11.5% YoY) and the blockchain banking segment grew 20.4% in the same period. Ownership rests entirely with the Kuno Frick Family Foundation (KFS); in February 2026 the bank announced it is evaluating long-term strategic partners or investors to support its next growth phase.

Name

Bank Frick

Legal name

Bank Frick AG

Website

https://bankfrick.li

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

251–500 employees

Short description

Bank Frick is a family-owned Liechtenstein universal bank founded in 1998 that serves financial intermediaries and professional clients — fintechs, crypto firms, asset managers, family offices, and payment service providers — through modular banking, regulated blockchain banking, fund custody, capital market, and card acquiring services, with CHF 7.6B AUM and ~$1B in crypto custody.

Ownership category

akta.pro rank

Product category

Private Banking and Financial Intermediary Services

NAICS

Commercial Banking (522110)

SIC

National Commercial Banks (6021)

akta.pro primary industry

BaaS Platforms & Sponsor Bank Enablement (FSAGALAA)

akta.pro secondary industries

Custodial Wallets & Hosted Accounts (exchange/fintech custody, omnibus wallets) (FSAPACAC), Credit Cards & Revolving Credit (FSABAAAC), Tokenized Bank Deposit & Commercial Bank Money Issuers (FSADADAB)

Keywords

• Private banking services
• Blockchain banking
• Crypto asset custody
• Payment infrastructure
• Fund solutions

Headquarters

HQ city

Balzers

HQ country

Liechtenstein

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Commission and Service Business: Net income from commission and service business rose 6% year-on-year to CHF 18.4 million in 2025, driven by higher trading volumes and increased client activity.
2. Net Interest Income: Net interest income increased 2.3% to CHF 42.8 million in 2025, demonstrating stable income even as the interest-rate environment presented challenges for the industry.
3. Trading Operations: Income from trading operations remained stable at CHF 29.1 million in 2025, compared to CHF 16.9 million in H1 2025.
4. Crypto Asset Services: Revenue from blockchain banking segment grew 20.4% in 2025, including trading, custody, token sales, and crypto-structuring solutions for intermediaries.
5. Acquiring Services: Bank Frick is the only Liechtenstein bank with acquiring licenses from Visa and Mastercard, enabling global card payment processing for payment service providers and their online merchants.
6. Fund and Capital Market Solutions: Bank Frick acts as custodian and paying agent for national and European funds (AIFs, UCITS) and develops tailored financial products for capital markets.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Bank Frick is a family-owned Liechtenstein universal bank offering modular banking services for financial intermediaries and professional clients. Its core offerings include intermediary banking solutions, regulated blockchain banking (crypto trading, custody, staking, tokenization), fund and capital market solutions (AIF/UCITS custody, structured products), 24/7 fiat payment infrastructure (xPULSE, VBAN), and Visa/MasterCard acquiring services.

Product overview

Bank Frick is a family-run, full-service bank based in Liechtenstein (established 1998) serving financial intermediaries and professional clients. The bank operates as a modular platform with core divisions: Intermediary Solutions (fintechs, asset managers, payment service providers), Blockchain Banking Solutions (trading/custody of crypto assets, token sales, crypto-structuring), Fund Solutions (AIF, UCITS, national funds), Capital Market Solutions (structured products, issuance), and Acquiring Services (Visa/MasterCard processing). Key named products include Bank Frick xPULSE (24/7 payment service), Staking (Proof-of-Stake network participation), Sponsored Access (RULEMATCH trading platform), VBAN (virtual IBANs), and Actively Managed Certificates. The bank serves over 270 employees in Balzers with branches in London and Dubai.

Differentiator

Problem solved

Functional benefit

Brands

• xPULSE: 24/7 payment service enabling rapid payment transactions within the Bank Frick network, including weekends and outside business hours for same-currency payments.
• VBAN
• STAKING
• Sponsored Access

Products and services

• Bank Frick xPULSE

Quantifiable outcome

• 20.4% revenue growth in blockchain banking segment in 2025
• +3 more outcomes

Named customers4 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• HalborncoreImplementation/ SI/ Consulting Partner · 5 June 2026Cybersecurity firm Halborn conducted independent audit and validation of Bank Frick's digital asset key ceremony process. Contributed to developing governance frameworks, defining access controls, conducting preparatory dry runs, and observing live offline key generation. Resulted in hardened security controls and reinforced institutional trust in Bank Frick's $1B crypto custody infrastructure.
• GatecoreStrategic or Co-development Partner · 11 March 2026Strategic partnership with Gate, a global digital asset trading platform, to launch multi-currency fiat deposit and withdrawal services for institutional clients. Leverages Bank Frick's 24/7 xPULSE payment infrastructure to enable Gate clients to deposit and withdraw fiat funds directly without regional pre-conversion requirements. Targets hedge funds, asset managers, and family offices.
• GenTwocoreStrategic or Co-development Partner · 17 October 2025Bank Frick joined GenTwo's AMC Creator platform as execution partner. Partnership aims to enhance digital asset capabilities and enable full regulatory compliance within the EU for asset managers, family offices, and financial advisors, supporting democratization in financial product structuring.

Scale indicators11 records

Recent moves10 records

Expansion highlights7 records

Direct peers

• Sygnum Bank: Sygnum is a Swiss-regulated digital asset bank providing institutional clients with crypto banking, custody, trading, tokenization, and asset management. It is one of the closest direct peers to Bank Frick in the European regulated crypto banking niche, with similar B2B focus and overlapping client segments including asset managers, family offices, and fintechs.
• AMINA Bank (formerly SEBA Bank): AMINA Bank is a Swiss FINMA-regulated crypto bank offering institutional custody, trading, lending, and tokenization services. It competes directly with Bank Frick for crypto-native institutional clients across Europe and overlaps materially on regulated crypto custody, staking, and structured products.
• FlowBank: FlowBank is a Swiss-licensed digital bank offering multi-asset brokerage, custody, and crypto services to retail and professional clients. While more retail-skewed than Bank Frick, it competes in the same Swiss/Liechtenstein corridor for digital-banking intermediary clients and offers comparable crypto trading and custody capabilities.
• Hypothekarbank Lenzburg: Hypothekarbank Lenzburg is a Swiss regional bank that became one of the first in Switzerland to offer regulated banking services to crypto companies and fintechs, including account services and custody support. It is comparable to Bank Frick in its fintech-friendly intermediary banking model and willingness to serve crypto clients from a regulated bank charter.
• Bitcoin Suisse: Bitcoin Suisse is a Swiss-regulated crypto financial services provider offering brokerage, custody, staking, lending, and tokenization to institutional and professional clients. It directly competes with Bank Frick's blockchain banking segment for the same institutional client base across Switzerland, Liechtenstein, and the broader EU.

Regional players

• Liechtensteinische Landesbank (LLB): LLB is the principal state-owned universal bank of Liechtenstein and the dominant domestic competitor to Bank Frick in the Liechtenstein market. It is comparable in terms of jurisdiction, regulatory framework, and broad-based financial services, but does not focus on the crypto-banking niche that defines Bank Frick.
• VP Bank: VP Bank is a Liechtenstein-headquartered international private bank serving intermediaries and wealthy private clients across Europe and Asia. It is comparable in jurisdiction, intermediary focus, and product breadth (custody, fund services, capital markets), though it does not specialize in crypto banking.

Broad incumbents

• Julius Bär: Julius Bär is a major Swiss private wealth manager with expanding digital asset services including custody and trading for high-net-worth clients. Comparable to Bank Frick in wealth management, custody, and intermediary services, but operating at much greater scale and serving a different (private banking) client base.
• Coinbase Institutional: Coinbase is a major US-regulated crypto exchange with significant institutional custody and prime brokerage services. While not a bank, it competes with Bank Frick's custody and trading offering for institutional clients, particularly those operating globally and seeking regulated crypto infrastructure.

Emerging players

• Taurus SA: Taurus is a Swiss fintech providing enterprise-grade digital asset infrastructure including custody, tokenization, and blockchain services to banks and financial institutions. It is comparable to Bank Frick in the digital asset custody domain and increasingly competes for institutional crypto clients, though its business model is infrastructure-as-a-service rather than direct banking.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks1 record

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/bank-frick
• Xx.com/bankfrick

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bank Frick