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Nuri review: score, licensing and risks

39/100SCORE · DCaution Grade D, caution

A German banking and crypto app that failed in 2022 when its yield partner Celsius collapsed. Custodied crypto was returned. Listed so anyone searching finds the outcome.

The facts

FOUNDED
2015
HEADQUARTERS
Germany
CUSTODY
Custodial.
MiCA / EEA
Check its MiCA CASP status before depositing. Since 1 July 2026 a licence is required to serve EEA residents.
US ACCESS
No.
PROOF OF RESERVES
No standard proof of reserves publication.
FEES
Typical for a venue of its size. Confirm current pricing on its own site.
ASSETS
Varies

How the score breaks down

regulation2/25
security3/25
costs11/15
assets9/15
platform8/10
support6/10

Each dimension is explained on the methodology page.

Where it is strong and where it is not

✓ Strengths
  • Custodied crypto was returned to customers
✗ Weaknesses
  • Insolvent since 2022
  • Yield product exposure to Celsius caused the failure

Incident history

2022

Filed for insolvency after the Celsius collapse hit its yield product. Customer crypto held in custody was returned.

Our read

A German banking and crypto app that failed in 2022 when its yield partner Celsius collapsed. Custodied crypto was returned. Listed so anyone searching finds the outcome.
COMPARE
RISK WARNING Crypto assets are highly volatile and largely unregulated. You can lose everything you put in. Nothing on this page is financial, investment or tax advice, and nothing here is a recommendation to buy or sell any asset. Do your own research and never commit money you cannot afford to lose.