Is Xapo Bank safe to use?

Yes, Xapo Bank is a regulated financial service.

Neobanks Series A

Xapo Bank

Q: What are the main features of Xapo Bank?

Bitcoin-backed loans up to $1 million collateral, Daily BTC interest at 0.5% APR yield, USD savings at 3.6% APR paid in Bitcoin, Real-time SWIFT and blockchain dual-rail transfers, Global Mastercard debit with 1% BTC cashback

Q: What are the pros of using Xapo Bank?

Full GFSC banking license, Assets never lent or rehypothecated, Daily Bitcoin interest payout, Bitcoin-backed loans up to $1M

Q: What are the cons of Xapo Bank?

$1,000 annual membership barrier, Not available to US residents, Limited fiat currency support

Institutional-grade Bitcoin banking for serious wealth holders globally

Available in 8 countries Last verified: May 2026

Open Xapo Bank ↗

Open Xapo Bank

Founded

2014

Total Funding

$40M

Employees

200-500

🏢 Company Overview

Headquarters

Gibraltar, Gibraltar

CEO

Seamus Rocca

Founder

Wences Casares

Funding Stage

Series A

Total Funding

$40M

Pricing

Paid

Rating

★ 3.9

AML Compliant GDPR PCI DSS Banking License Payment License USD deposits protected under Gibraltar's Deposit Guarantee Scheme

ℹ️ About Xapo Bank

About Xapo Bank Xapo Bank is a Gibraltar-regulated, members-only private bank purpose-built for Bitcoin holders who demand institutional-grade security, regulated fiat banking, and yield generation in a single unified platform.

Founded by serial fintech entrepreneur Wences Casares and headquartered in Gibraltar, Xapo Bank holds a full banking license under the Gibraltar Financial Services Commission (GFSC), making it one of the world's first regulated banks to natively integrate Bitcoin custody alongside USD current accounts.

Members unlock daily interest on both USD (3.6% APR) and Bitcoin (0.5% APR on up to 5 BTC), a global Mastercard debit card with up to 1% BTC cashback, and access to Bitcoin-backed loans of up to $1 million — all without the bank lending or rehypothecating client assets.

Xapo Bank's BTC Vault delivers military-grade offline cold storage for long-term Bitcoin preservation, while the liquid account enables seamless spending, SWIFT transfers, and real-time blockchain payments, bridging traditional finance and decentralized value transfer with a cross-border, Bitcoin-native architecture.