Fourth biggest Hungarian bank MKB invests in cryptocurrency wallet Amon

Amon, a cryptocurrency wallet that uses an AI system to optimize user spending, announced it is getting a new round of funding from MKB Bank, one of the largest banks in Hungary.

The bank will be acquiring 3% equity in the project and invited Amon to join in its accelerator program this March.

The MKB FintechLab is Hungary’s first fintech accelerator and incubation program. MKB Bank will be providing support on obtaining licenses, potential new products, IT security and more.

The Amon wallet is designed as an “all in one” solution where users can store, exchange, spend, invest and loan crypto and traditional currencies.

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