account for jewelbank.com

What account for jewelbank.com does

Jewel Bank (legally Jewel Bancorp Limited) is a Bermuda-headquartered digital asset bank founded in 2023, targeting the digital asset ecosystem — specifically digital asset exchanges, institutional investors, market makers, and OTC trading firms — with specialized banking services that the company argues traditional banks fail to provide because of legacy technology and outdated practices. The company holds a Banking Business License under the Bermuda Banks and Deposit Companies Act 1999 and a Class F Digital Asset Business License under the Digital Asset Business Act 2018, both issued by the Bermuda Monetary Authority (BMA). Jewel Bank publicly describes itself as Bermuda's first digital asset bank and, as of the input data, is pre-operational — explicitly stating it is not accepting customer deposits or offering banking or digital asset services at this time.

Jewel Bank's product suite comprises six integrated services built on a digital-native, cloud-based, API-first platform: multi-currency core banking (business checking, deposits, and wires in USD, EUR, GBP, and CHF); Stablecoins-as-a-Service issuance; a 24/7 intra-bank settlement exchange; digital asset custody with managed or self-custody options; crypto-collateralized lending; and API-based Bank-as-a-Service. Core banking infrastructure is provided by Mambu, the customer-facing interface by Modyo, identity verification by OnFido, transaction monitoring by ComplyAdvantage, regulatory program management by RegTech One, and CRM by HubSpot. Access to global payment systems (Fedwire, ACH, SWIFT, SEPA) and Bermuda's FATF/CFATF standing support cross-border institutional distribution, with the United States explicitly excluded as a geography.

The business model is multi-stream, combining recurring/subscription revenue from core banking, custody, stablecoin issuance, and API services with transaction fees from settlement and lending. Distribution is enterprise-direct and API-based, targeting clients globally. Pricing is quote-based and not publicly disclosed. No funding rounds, headcount, revenue, or named customers are present in the input; the company is in a pre-launch/regulatory-completion phase, with Adam Dean serving as Chief Risk and Compliance Officer and Privacy Officer.

Name

account for jewelbank.com

Legal name

Jewel Bancorp Limited

Website

https://jewelbank.com

Company type

Private

Founded year

2023

Operating status

Operating

Short description

Jewel Bank is a Bermuda-based, pre-operational digital asset bank offering multi-currency core banking, custody, stablecoin issuance, real-time settlement, collateralized lending, and API-based Bank-as-a-Service to digital asset exchanges, institutional investors, market makers, and OTC trading firms globally, excluding the U.S.

Ownership category

akta.pro rank

Product category

Digital Asset Banking

NAICS

Commercial Banking (522110), Depository Credit Intermediation (5221)

SIC

Finance Services (6199), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Institutional / OTC Crypto Credit & Bilateral Lending (FSADAFAD)

Keywords

• Digital asset banking
• Stablecoin issuance
• Digital asset custody
• Bank-as-a-service
• Crypto settlement

Headquarters

HQ city

Hamilton

HQ country

Bermuda

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Core Banking Services: Business checking, deposits, and wire services for digital asset businesses with multi-currency support.
2. Digital Asset Custody: Custody fees for holding digital assets and stablecoins on behalf of clients.
3. Stablecoin Issuance: Stablecoins-as-a-Service issuance and management for select institutional clients.
4. Collateralized Lending: Crypto-collateralized lending enabling clients to leverage digital assets.
5. BaaS/API Services: Bank-as-a-service via API for managing cash, stablecoins, wires, and fiat ramps.
6. Settlement Services: Intra-bank settlement between account holders with 24/7 real-time processing.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Jewel Bank is a Bermuda-regulated digital asset bank that provides institutional clients with corporate banking services (business checking, deposits, wires), a proprietary Stablecoins-as-a-Service issuance platform, a 24/7 Settlement Exchange for intra-bank digital asset settlement, qualified digital asset custody, collateralized lending against digital assets, and an API-driven Bank-as-a-Service layer. The company is built specifically to serve exchanges, market makers, stablecoin issuers, and other digital asset firms that require regulated banking, custody, and on-chain money services from a single counterparty.

Product overview

Jewel Bank is a digital asset bank offering a unified platform for the global digital economy. The product portfolio consists of six integrated services: Core Banking (business checking, deposits, wires), Stablecoins (including Stablecoins-as-a-Service issuance), Settlement Exchange (24/7 intra-bank settlement), Digital Asset Custody (self-custody or managed custody), Collateralized Lending (crypto-collateralized loans), and API-Based Services (bank-as-a-service via API). These services work together as a comprehensive digital asset banking platform enabling multi-currency capabilities, bank-regulated stablecoins, and real-time settlement for institutions.

Differentiator

Problem solved

Functional benefit

Products and services

• Core Banking for Digital Asset Businesses Corporate banking services — including business checking accounts, fiat deposits, and wire transfer capabilities — tailored for institutional digital asset firms that need a regulated bank counterparty for their operating cash.
• Stablecoins-as-a-Service Regulated stablecoin issuance service that lets fintechs, payment companies, and Web3 platforms issue their own branded, programable stablecoins using Jewel Bank's banking rails, reserve management, and regulatory framework.
• Settlement Exchange 24/7 intra-bank settlement service that allows clients to move value between fiat and digital assets within Jewel Bank at any time, eliminating the banking-hours constraint of traditional settlement.
• Digital Asset Custody Qualified custody service for institutional clients' digital asset holdings, provided by Jewel Bank under its Bermuda regulatory framework so that clients can safeguard crypto assets alongside their fiat banking relationship.
• Collateralized Lending Credit product that lets institutional clients borrow against their digital asset holdings held in Jewel Bank custody, using those holdings as collateral.
• Bank-as-a-Service API Platform API-based Bank-as-a-Service platform that enables software companies and digital asset businesses to integrate Jewel Bank's regulated banking, custody, and stablecoin capabilities directly into their own products and customer experiences.

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature6 records

Partnerships

Seven partnerships are on record, tiered core and supporting.

• Bermuda Monetary Authority (BMA)coreOthers · 1 January 2023Licensing and regulatory authority providing bank regulatory oversight and digital asset business licensing under DABA Act 2018.
• OnFido Ltd.coreTechnology or IntegrationIdentity and document verification services provider supporting KYC/AML compliance requirements for customer onboarding.
• ModyosupportingTechnology or IntegrationFront end digital platform manager providing digital banking interface capabilities.
• RegTech OnecoreTechnology or IntegrationManager of regulatory compliance programs supporting AML and regulatory requirements.
• ComplyAdvantagecoreTechnology or IntegrationTransaction monitoring and identity verification services for compliance and fraud prevention.
• MambucoreTechnology or IntegrationCore banking platform provider powering Jewel Bank's banking infrastructure.
• HubSpotsupportingTechnology or IntegrationCRM platform for customer relationship management and marketing automation.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Direct peers

• Anchorage Digital: Anchorage is a federally chartered digital asset bank in the US offering custody, trading, lending, and staking for institutions. It is the closest direct peer to Jewel Bank as a regulated bank built natively for digital asset businesses.
• Sygnum Bank: Sygnum is a Swiss-regulated digital asset bank offering institutional banking, custody, lending, and tokenization. Comparable to Jewel Bank as a fully licensed bank purpose-built for digital asset firms outside the US.
• Amina Bank (formerly SEBA): Amina is a Swiss-regulated crypto bank offering custody, lending, trading, and asset management to institutional and professional clients. Highly comparable as a regulated, non-US digital asset bank targeting institutional flow.
• Paxos: Paxos is a regulated trust company offering digital asset custody, stablecoin issuance (USDP, PYUSD), and settlement. Comparable to Jewel Bank's stablecoin-as-a-service and digital asset custody offerings from a regulated infrastructure angle.
• Prime Trust: Prime Trust is a Nevada-based digital asset trust company providing custody, lending, and fiat on/off ramps to crypto businesses. Comparable to Jewel Bank as a regulated infrastructure provider targeting digital asset companies.

Emerging players

• Circle: Circle is a regulated digital asset firm best known for USDC stablecoin issuance. Comparable to Jewel Bank's stablecoin issuance and digital asset banking infrastructure ambitions, though Circle is significantly larger and US-focused.
• Fireblocks: Fireblocks provides institutional digital asset custody, settlement, and lending infrastructure. Comparable in the custody and settlement layer to Jewel Bank's digital asset custody and intra-bank settlement capabilities.
• BitGo: BitGo is a leading institutional digital asset custodian and qualified custodian offering lending and trading services. Comparable to Jewel Bank's custody and collateralized lending products for institutional clients.
• Hashnote: Hashnote is a Bermuda-based regulated issuer of tokenized money market and yield products. Comparable as a Bermuda-regulated digital asset firm, though focused on yield-bearing tokenization rather than full banking services.

Broad incumbents

• Galaxy Digital: Galaxy is a diversified institutional digital asset financial services firm with trading, lending, custody, and asset management. Overlaps with Jewel Bank on lending, custody, and institutional banking services, but at much broader scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/jewel-bank
• Facebookfacebook.com/jewelbancorp
• Xtwitter.com/jewelbank
• Instagraminstagram.com/jewelbank

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about account for jewelbank.com