The Kingdom Bank
- Founded
- 2015-01-01 in Roseau, Commonwealth of Dominica
- Headquarters
- First Floor, 43 Great George Street, Roseau, Commonwealth of Dominica, Post Code: 00109-8000
The Kingdom Bank is an international digital asset-friendly fintech bank headquartered in Roseau, Commonwealth of Dominica. Founded in 2015 by entrepreneur Nebil Serkan Zubari, the bank operates as a licensed banking institution under the International Banking Act of Dominica, with prudential supervision by the Financial Services Unit of the Ministry of Finance. It provides a unified digital platform for corporate and correspondence banking, offering multi-currency accounts, global payments in over 50 currencies, digital asset wallets, expense management, and its proprietary token, Kingdom Coin (TKB). The Kingdom Bank distinguishes itself through a strong focus on crypto‑friendly services, supporting assets such as Bitcoin, Ethereum, Avalanche (AVAX), TON, and stablecoins, and has integrated with Circle’s USDC via the Circle Alliance program. In recent years, the bank has experienced rapid growth – reporting a 500% increase in 2025 – and expanded its global footprint by opening a Dubai office at the World Trade Center in June 2026. It also formed notable brand partnerships, including becoming the Official Global Banking Partner of West Ham United FC and joining the Binance partnership network. The Kingdom Bank is ISO 27001 certified, PCI DSS compliant, and holds SWIFT membership (code KICPDMD2). With a workforce estimated at 501–1,000 employees, the bank serves clients worldwide, aiming to bridge traditional finance with digital assets.
Detailed Review
History
The Kingdom Bank (legal entity: The Kingdom Bank Corporation) was established in 2015 in the Commonwealth of Dominica. Its founder and CEO, Nebil Serkan Zubari, envisioned a digital‑first bank that could serve international clients, particularly those engaged in cryptocurrency and cross‑border commerce. The bank received its license from the Financial Services Unit of Dominica under the International Banking Act and is registered as Company Number 3159.
Products and Platforms
The bank’s core offering is a single digital platform that integrates traditional banking with crypto asset management. Key products include: - Multi‑Currency Accounts & Global Payments: Clients can hold, send, and receive funds in over 50 fiat currencies, with SWIFT and local payment rails. - Digital Asset Wallets: Users can create unlimited wallets for cryptocurrencies such as Bitcoin, Ethereum, Avalanche (AVAX), TON, and others. The platform supports real‑time transactions and integrates with major exchanges. - Kingdom Coin (TKB): The bank’s proprietary token, launched in July 2026, used for cashback rewards and ecosystem transactions. - Expense Management: A corporate expense tool that includes crypto‑based spending and approval workflows. - The Kingdom Bank Card: A physical/virtual card offering up to 5% monthly cashback in Kingdom Coin. - Correspondence & Institutional Banking: Services for financial institutions, including the Kingdom Institutional Partner Network (KPIN).
Regulatory & Compliance
The Kingdom Bank is regulated by the Financial Services Unit of Dominica. It holds ISO 27001 (information security) and PCI DSS (payment card industry data security) certifications. The bank is a SWIFT member and reports under FATCA (GIIN: UM162U.99999.SL.212).
Growth & Milestones
- 2021–2023: Received multiple industry awards – Best International Fintech Banking (2021, Crypto Expo Dubai), Best Customer Support (2022), Best Digital Banking (2022), Fastest Growing Digital Bank (2023), Best B2B Banking Solution (2023). - 2025: Recorded 500% year‑on‑year growth. Entered partnerships with Binance and Circle Alliance. - 2025–2026: Expanded partnership with West Ham United FC to Official Global Banking Partner. Opened a Dubai office at the World Trade Center (June 2026). Launched Kingdom Coin (TKB).
Strengths
- True digital‑native bank with seamless crypto/fiat integration. - Strong regulatory standing in Dominica and global compliance credentials. - Aggressive growth and high‑profile brand partnerships. - 24/7 international transaction support.
Challenges
- Limited physical presence (only two locations: Dominica HQ and Dubai office). - Heavily reliant on cryptocurrency adoption and regulatory developments worldwide. - As an offshore bank, may face due diligence hurdles with some correspondent banks.
Target Market
The bank serves international corporate clients, digital asset firms, high‑net‑worth individuals, and businesses requiring multi‑currency and crypto banking solutions. It is not a retail bank for local Dominica residents.
Key Products
Digital Banking Platform
Central hub for account management, payments, cards, and digital assets on web and mobile (iOS/Android).
Multi-Currency Accounts
Hold and transact in 50+ fiat currencies with SWIFT and local payment capabilities.
Digital Asset Wallets
Unlimited wallets for major cryptocurrencies (BTC, ETH, AVAX, TON, etc.) and stablecoins; integrated with Circle Alliance.
Kingdom Coin (TKB)
Proprietary token for cashback rewards (up to 5% on card spend) and ecosystem use.
Expense Management
Corporate expense tool with crypto-based spending and approval workflows.
The Kingdom Bank Card
Virtual/physical card linked to accounts, with cashback in Kingdom Coin.
Correspondence Banking
Banking services for financial institutions (KPIN network).
Offices & Headcount
750 employees (approx.)