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IRACE Digital

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IRACE is the successor to FundBank, rebuilt as a multi-jurisdictional institutional bank, preparing for the convergence of traditional and digital capital.

Last updated September 2, 2026

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Overview

IRACE Digital Bank is a multi-jurisdictional institutional bank operating globally. It holds licences and operates directly in Luxembourg, the Cayman Islands, Ireland, and the United States. IRACE is the successor to FundBank, rebuilt as a multi-jurisdictional institutional bank, preparing for the convergence of traditional and digital capital. The platform brings the discipline of a regulated supervised bank together with the infrastructure institutional clients need for what comes next.

History

IRACE is the successor to FundBank, rebuilt as a multi-jurisdictional institutional bank, preparing for the convergence of traditional and digital capital. FundBank built its reputation as an institutional bank for the funds industry, trusted by administrators, fund managers, and family offices across Europe, the USA and the Caribbean for cash accounts, custody, escrow, and trust account infrastructure. IRACE holds licences and operates directly in Luxembourg, the Cayman Islands, Ireland, and the United States.

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