Our company name is a combination of words, Bitwala = Bit + wala.
The first half of our company's name "Bit" reflects the basic unit of information used in computing. It also represents our modus operandi - the one and only Bitcoin.
The second part of our name "wala" refers to the ancient trust-based money transfer system of Hawala. Together, both form a perfect combination that reflects our motivation and our spirit to offer the best blockchain banking experience for everyone.