Investments
1
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Latest Towerbank News
May 31, 2022
Panamanian bank Towerbank opens its doors to Bitcoin and crypto customers in a series of tweets and memes. 942 Total views News Panama’s path to crypto adoption is stepping up a gear. Towerbank, a Panamanian financial institution with over 200 employees and 40 years of banking experience, has declared itself Bitcoin ( BTC ) friendly, paving the way for crypto accounts. In a series of tweets and leaks from a blockchain meetup in Panama’s capital, Panama City, the bank is opening the floodgates to the crypto community. During the blockchain meetup hosted by the Chamber of Digital Commerce and Blockchain of Panama on Thursday, representatives from Towerbank invited crypto enthusiasts to open accounts at the bank. Reportedly, Gabriel Campa, vice president of product for Towerbank, shared that crypto customers would not suffer “setbacks” that, ordinarily, Panamanian citizens would be subject to when executing crypto activities at the bank. Cristobal Pereira, executive director of the Latam Blockchain Summit and an attendee of the meetup with Towerbank and Campa, shared, “Towerbank is crypto-friendly.” In a tweet, he stated that crypto enthusiasts can “come to open accounts and deposit withdrawals from exchanges without fear.” Acá en Panamá en #meetup con @Towerbank y anuncian que son #crypto friendly, y pueden venir a abrir cuentas y depositar retiros desde exchanges sin miedo… primer banco en Latam que públicamente anuncia esto! Digno de compartir! pic.twitter.com/mVEKFfI8Uf
Towerbank Investments
1 Investments
Towerbank has made 1 investments. Their latest investment was in Phoenix Tower International as part of their Loan on October 10, 2018.

Towerbank Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
10/1/2018 | Loan | Phoenix Tower International | $485M | Yes | 1 |
Date | 10/1/2018 |
---|---|
Round | Loan |
Company | Phoenix Tower International |
Amount | $485M |
New? | Yes |
Co-Investors | |
Sources | 1 |