Vilnius, Lithuania, June 16th, 2025, FinanceWire
As the financial sector continues to evolve through digital transformation, SB Bank has announced the start of its pre-launch phase with a bold, innovation-driven hybrid digital banking model.
The model blends traditional financial services with blockchain technology, placing transparency, user autonomy, and security at its core.
SB Bank’s apps are already available in major app stores, and the platform is preparing to unveil a comprehensive financial ecosystem that goes beyond basic digital accounts. It offers cashback in its native cryptocurrency (SB Coin), virtual and physical cards with exclusive benefits, and a secure, modern infrastructure designed for the next generation of financial users.
Jerônimo Rodrigues, CEO of SB Bank, said: “We believe the future of banking isn’t just digital – it’s transparent, collaborative, and secure. Blockchain is not just a feature; it’s the foundation of how we operate.”
A core innovation of SB Bank is the use of smart contracts to automate and enforce financial products such as loans, insurance, and loyalty programs. These programmable agreements ensure clear, immutable conditions, reducing bureaucracy and increasing user confidence.
This approach improves the customer experience while also providing legal and technological security through decentralised protocols and self-executing logic.
The platform’s native asset, SB Coin, is used for cashback rewards on card transactions and can also be applied within SB Bank’s internal ecosystem. Designed as a utility-based digital currency with financial backing, SB Coin is positioned to serve as a bridge between crypto assets and real-world financial services.
As part of its pre-launch campaign, SB Bank is offering to give users who register and share the official SB Coin promotional video on their social media 25 SB Coins, equivalent to €25, directly into their account. The initiative is available for a limited time and aims to reward early participants of the ecosystem.
For more information, users can visit www.sbbank.eu.
About SB Bank
SB Bank is a digital-first financial platform operating under a hybrid model that combines traditional banking services with blockchain innovation. With entities established in the UK, Lithuania, the Czech Republic, Portugal, and Brazil, the company offers secure and scalable digital finance solutions—including a proprietary exchange, multi-asset wallets, smart contract-powered products, and its native digital currency, SB Coin.