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Medici Bank (company)

Medici Bank (company)

An international digital bank. It was founded in 2019 and is located in New York City.

OverviewStructured DataIssuesContributors

Contents

medici.bank
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Financial technology
Financial technology
Financial services
Financial services
Neobanking
Neobanking
Banking
Banking
Finance
Finance
Technology
Technology
Location
New York
New York
New York City
New York City
B2X
B2C
B2C
CEO
Ed Boyle
Ed Boyle
Founder
Prince Lorenzo de' Medici
Prince Lorenzo de' Medici
AngelList URL
angel.co/company/newbridgebank
Pitchbook URL
pitchbook.com/profiles...489553-93
Legal Name
Medici Bank International
Number of Employees (Ranges)
1 – 10
Email Address
support@medici.bank
Full Address
222 Broadway, New York, 10038, US
Competitors
‌
10x (company)
‌
Apiture
solarisBank
solarisBank
Fidor Bank
Fidor Bank
Business Model
Transaction processing / marketplace
CTO
Steve A. Williams
Steve A. Williams
Wellfound ID
newbridgebank

Other attributes

Company Operating Status
Active

Medici Bank is a company that provides banking application programming interfaces (APIs) to international companies. Its stated intention is to serve small to medium-sized international businesses using technology and being predominately focused on cryptocurrencies, but also accepts other currencies.The company states that it has a full banking license and can hold deposits and lend money. It is licensed as an International Financial Entity (IFE) by Puerto Rico’s Office of the Commission of Financial Institutions. Medici Bank is considered to be a blend of a financial technology company and a bank.

The company has a platform called Bank Operating Software System (BOSS) that is cloud native and allows for its transactions to be performed. Services offered by Medici Bank include time deposits that have interest rates up to 2.75% in amounts ranging from $25,000 to $10 million. Another service is its demand deposit account, which allows for customers to wire money both within and outside of the United States.

Timeline

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Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

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Date
No Further Resources data yet.

References

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