Snapcard

cryptocurrency

FOUNDING YEAR: 2013
LOCATION: United States
Last Update: 01/05/2020

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About

Founded in 2013, We started with building the simplest suite of products and services which were designed to make it easy for consumers and businesses to use blockchain technologies. Our latest product, MassPay, is an enterprise-level API which allows companies to instantly send funds worldwide, without taking on any price volatility, and for a fraction of the cost. Weve partnered with Fortune 500 companies and are currently moving millions of dollars per day. And we're just getting started. Our goal is to add magic to the simplest, yet still dysfunctional, core business functions. Funded by renowned VCs in Silicon Valley, were well-vested in the digital currency community, with users in 50+ countries, with features in Forbes, WSJ, NBC, Bloomberg, Coindesk and more.

MEDICI Analysis

Snapcard is a bitcoin wallet app. It lets users to buy anything on the internet using virtual currency

Focus

PRODUCTS & SERVICES

Bitcoin Wallet

MAIN CLIENTS

BNZ,CIMB Niaga

HongLeong Bank

MayBank

Sacombank

Vietin Bank

EXISTING PARTNERSHIPS

Wix

i-Payout

ProLocal

VoltDB

Fast Data

Traction

VALUATION / MARKET CAP:

$10 M in 2015

TRANSACTIONS VALUE:

$300 K

ACTIVE USERS:

0.0025

People

BOARD MEMBERS AND ADVISORS

Adam Draper

Santi Subotovsky

Ioannis Giannaros

Jude Gomila

Michael Dunworth

NUMBER OF EMPLOYEES

1-10

INVESTORS:

Boost VC

Brock Pierce

Crypto Currency Partners

Fortress Investment Group

Great Oaks Venture Capital

Greg Kidd

Ioannis Giannaros

Jamie Mcintyre

Marc Brands

Michael Dunworth

Pascal Levy-Garboua

SeedInvest

Silicon Valley Angels

W Bradford Stephens

Wei Guo

Momentum

FUNDED

YES

NUMBER OF FUNDING ROUNDS

3

TOTAL FUNDING

$10 M

DATE OF LAST FUNDING

Nov 2016

SEED & PRIOR FUNDING

$1.56 M

SEED CLOSED ON

Oct 2014

FUNDING SERIES

SERIES A  · $5.55 M  · Nov 2016

CROWDFUNDING

$2.89 M

LISTED

NO

Innovation Programs

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