AirTm

bankingtech

FOUNDING YEAR: 2015
LOCATION: Mexico
Last Update: 09/07/2020

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About

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AirTM allows access to a stable currency that maintains its value, which is as easy to transfer as an email and can be withdrawn as local currency when necessary, where ever necessary.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

Momentum

FUNDED

YES

TOTAL FUNDING

$9.35 M

DATE OF LAST FUNDING

Feb 2019

SEED & PRIOR FUNDING

$2.35 M

FUNDING SERIES

SERIES A  · $7 M  · Sep 2018

LISTED

NO

BASICS

FOUNDING YEAR:

2015

LOCATION:

Mexico

Views:

36 VISITORS | 43 VIEWS
LATEST FUNDING ROUND

$9.35 M

TOTAL EMPLOYEES
11-50

About

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.

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