DigitalX

blockchain

FOUNDING YEAR: 2013
LOCATION: United States
Last Update: 08/09/2020

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About

DigitalX is a software solutions company providing investors exposure to the global digital payments industry, through disruptive fintech products and services in the remittance and digital currencies sector.

MEDICI Analysis

DigitalX is a software solutions company providing investors exposure to the global digital payments industry, through disruptive fintech products and services in the remittance and digital currencies sector.

Focus

PRODUCTS & SERVICES

AirPocket, DigitalX Direct Software Services for Fintech Industry

REVENUE MODEL

DigitalX generates revenue through its Blockchain-based software applications DigitalX Direct and AirPocket. Users are given products that are more secure and efficient than any other competing market product!

MAIN CLIENTS

Bankera

Etherparty

Powerledger

SingularityNET

Bitcar

INS Ecosystem

CoinPoker

EXISTING PARTNERSHIPS

Cryptsy

Mintsy

CloudHashing

Bitfury

PRIMARY PROBLEM SOLVED

The ability to make secure instant, international, low cost money transfers via any mobile phone.

INTELLECTUAL PROPERTY

Patent(s) FILED

Traction

VALUATION / MARKET CAP:

$18.42 M in 2015

REVENUE

0.0 in 2014

REVENUE COMMENT:

.

ACTIVE USERS:

0.2500

ACTIVE USERS COMMENT:

Registered users

People

FOUNDERS

Alex Karis

Zhenya Tsvetnenko

BOARD MEMBERS AND ADVISORS

William Brindise

Zhenya Tsvetnenko

Alex Karis

Brett Mitchell

NUMBER OF EMPLOYEES

11-50

INVESTORS:

Juan Carlos Barrera

Sanjay Santhanam

William Witenberg

Momentum

FUNDED

NO

TOTAL FUNDING

$2.76 M

DATE OF LAST FUNDING

Nov 2016

SEED & PRIOR FUNDING

$2.76 M

LISTED

NO

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DigitalX

About

DigitalX is a software solutions company providing investors exposure to the global digital payments industry, through disruptive fintech products and services in the remittance and digital currencies sector.

Focus

PRODUCTS & SERVICES

AirPocket is designed to be a premier product in the international value transfer and money remittance space. It provides a secure, efficient and low cost alternative for the money transfer market. DigitalX Direct is a platform designed to provide real-time liquidity to institutional investors and large commercial companies, and provides an API for integrating bitcoin purchases and sales into clients’ codebases.

REVENUE MODEL

DigitalX generates revenue through its Blockchain-based software applications DigitalX Direct and AirPocket. Users are given products that are more secure and efficient than any other competing market product!

TOP PROBLEM SOLVED

The ability to make secure instant, international, low cost money transfers via any mobile phone.

PRODUCT DEVELOPMENT STAGE

MARKET TRIAL

PRODUCT DEVELOPMENT COMMENT

AirPocket is a remittance mobile application powered by Blockchain technology. Users can send money directly with the app or go through an AirAgent to send money on their behalf. AirPocket also allows direct top up of prepaid phones and bill payments.

KEY DIFFERENTIATORS

Blockchain technology and superior customer service.

PRIMARY CUSTOMER TYPE

Consumer

STRATEGIC CLIENTS AND PARTNERSHIP

Telefonica : Strategic partner

Traction

ANNUAL REVENUE:

$1.0M - $4.99M

REVENUE COMMENT:

.

ACTIVE USERS/ACCOUNTS:

0.2500 Million

ACTIVE USERS COMMENT:

Registered users

LIVE USERS/TRANSACTIONS:

No live users/transaction yet

CHANNEL STATUS

NO SALES YET

NUMBER OF CLIENTS OR PAYING CUSTOMERS

25

People

NUMBER OF EMPLOYEES

11-50

TEAM COMMENT:

We have an incredible team with highly successful careers across the technology, online marketing, telecom, finance,cryptography markets

BOARD MEMBERS AND ADVISORS:

Zhenya Tsvetnenko

INVESTORS:

Juan Carlos Barrera

Sanjay Santhanam

William Witenberg

Momentum

FUNDED

YES

FUNDING COMPLETED

NO

LISTED

YES

FUNDING SERIES
Series B
USD10 M

Comment on Valuation

Au$30m