DeFi Technologies' Venture Portfolio Company AMINA Bank Achieves Record-Breaking Growth

Strategic Insights -

In a notable milestone for DeFi Technologies' venture portfolio company, AMINA Bank has reported a 136% increase in Assets Under Management (AUM) to US$4.2 billion and a 69% rise in revenue to US$40.4 million in 2024, achieving quarterly profitability in Q4. This impressive growth underscores the company's strategic validation, global expansion, and resilience in the face of a fast-evolving financial landscape.

Key Takeaways:

  • AMINA Bank's AUM has grown by 136% to US$4.2 billion, demonstrating a significant increase in investor trust and adoption of digital asset banking services.
  • Revenue has risen by 69% to US$40.4 million, reflecting the company's successful expansion into new markets and strategic partnerships.
  • AMINA Bank has achieved quarterly profitability in Q4, a testament to its efficient operations and effective risk management.
  • The company's Abu Dhabi operations have grown revenue by 150% year-over-year, while Hong Kong operations have experienced a 570% year-over-year increase.
  • Across all jurisdictions, banking revenues have doubled, highlighting AMINA Bank's ability to adapt to changing market conditions and capitalize on new opportunities.
  • AMINA Bank has maintained a strong track record of zero lending defaults and capital ratios far above regulatory requirements, positioning the company for long-term resilience and expansion.
  • The company's next-generation crypto banking platform and mobile experience, set to launch in 2025, will be underpinned by a modern, API-first architecture designed to support B2C, B2B, and B2B2C offerings.
  • DeFi Technologies' investment in AMINA Bank has reinforced the company's strategic vision and conviction in regulated digital asset banking and services.

Statistics:

  • _136% increase in Assets Under Management (AUM) to US$4.2 billion_
  • _69% rise in revenue to US$40.4 million in 2024_
  • _$801 million in net new asset inflows (NNAs) in 2024_
  • _ Quarterly profitability achieved in Q4 2024_
  • _Zero defaults in lending book over five+ years_
  • _Nearly 20 active B2B2C partnerships, including some of Europe's largest private banks_

Sources:

  • DeFi Technologies Inc.
  • PRNewswire
  • Nasdaq
  • CBOE Canada Exchange
  • Valour
  • Stillman Digital
  • Reflexivity Research
  • Neuronomics AG
  • Aite Group
  • CVVC Global Report
  • CB Insights
  • LinkedIn
  • WealthBriefing Swiss EAM Awards
  • Swiss ETF Awards 2022
  • European WealthBriefing Award