AirTm

bankingtech

FOUNDING YEAR: 2015
LOCATION: Mexico
Last Update: 19/01/2021

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About

No matter where you live, with Airtm you can send, receive, or simply save your money as dollars in the cloud. AirTM connects clients who want to make a deposit or withdrawal to or from the cloud with certified Airtm peers who make a commission completing those transactions.

MEDICI Analysis

AirTM provides an online platform to use dollar-denominated AirTM accounts to save, making deposits and withdrawals in local currency, freeing money trapped in payment platforms and electronic wallets that are not connected to your banking system (PayPal, Neteller, Skrill, Amazon Gift Cards, and more), to send & receive dollars, and to buy & sell cryptocurrencies.

Focus

PRODUCTS & SERVICES

AirTM allows access to a stable currency that maintains its value, which is as easy to transfer as an email and can be withdrawn as local currency when necessary, where ever necessary. To buy, customers need to pay USD through bank or e-money accounts to the cashier of AirTM and receive Zcash in his choice of wallet. Currently, the network supports deposits and withdrawals of Zcash, Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Tether, and Ripple. To sell, a customer needs to sell his Zcash to an AirTM cashier for USD in AirTM, and withdraw it in his local bank or e-money account.

REVENUE MODEL

For each transaction, AirTM charges 20% of the commission fee + flat rate of $ 0.30 cents, each time the company facilitate withdrawals and deposits from customers.

MAIN CLIENTS

Retail customers and businesses

EXISTING PARTNERSHIPS

The company is in a partnership with IdentityMind Global and Zcash.

People

FOUNDERS

Ruben Galindo Steckel

Antonio Garcia

Jorge Ruiz Espin

Joshua Kliot

Ruben Galindo

Tim Parsa

NUMBER OF EMPLOYEES

11-50

INVESTORS:

BlueYard Capital

BnkToTheFuture

Coinbase Ventures

International Finance Corporation

Tiny VC

Elevar Equity

IGNIA

MW EAGLEWOOD

Wintech Ventures

AI8 Ventures

Momentum

FUNDED

YES

NUMBER OF FUNDING ROUNDS

4

TOTAL FUNDING

$9.35 M

DATE OF LAST FUNDING

Feb 2019

IPO STATUS

Private

SEED & PRIOR FUNDING

$2.35 M

SEED CLOSED ON

Jan 2018

FUNDING SERIES

SERIES A  · $7 M  · Sep 2018

LISTED

NO

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

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AVERAGE VISITS (6 MONTHS)

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VISIT DURATION

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BOUNCE RATE

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BOUNCE RATE GROWTH

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GLOBAL TRAFFIC RANK

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MONTHLY RANK CHANGE

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MONTHLY RANK GROWTH

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