Magnr

cryptocurrency

FOUNDING YEAR: 2013
LOCATION: United Kingdom
Last Update: 17/07/2020

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About

Magnr is building financial services for Bitcoin. Earn interest on your Bitcoin holdings with Magnr Savings or profit from price volatility with Magnr Trading

MEDICI Analysis

BTC.sx was rebranded as Magnr on July 2015, it is a bitcoin trading platform that allows users to make directional bets to manage their bitcoin balance.

Focus

PRODUCTS & SERVICES

Bitcoin derivatives trading platform

MAIN CLIENTS

Online Retail bitcoin Consumers

EXISTING PARTNERSHIPS

Bitfinex

ITBIT

Traction

VALUATION / MARKET CAP:

$2 M in 2015

REVENUE

0.0 in 2013

TRANSACTIONS VALUE:

$50 M

People

FOUNDERS

George Samman

Vincent Hoong

Colin Kwan

Joe Lee

BOARD MEMBERS AND ADVISORS

Eddy Travia

Melisa Craig

NUMBER OF EMPLOYEES

1-10

INVESTORS:

Coinsilium Group

Joe Lee

Seedcoin

KEY EMPLOYEES:

Joe Lee(CEO); Robb Gaynor(CPO); Danny Piangerelli(CTO); Lou Moody(CSO)

Momentum

FUNDED

NO

TOTAL FUNDING

$300 K

DATE OF LAST FUNDING

Apr 2014

SEED & PRIOR FUNDING

$300 K

SEED CLOSED ON

Apr 2014

LISTED

NO

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