Xapo

cryptocurrency

FOUNDING YEAR: 2012
LOCATION: United States
Last Update: 17/07/2020

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

About

Xapo is a HongKong-based company that provides a bitcoin wallet and cold storage services for digital asset as well as a virtual bitcoin debit card. The Xapo wallet is available both online and offline with all transactions conducted without any fees. The main features of the platform is their offer of a special Xapo debit card that is connected to the user’s wallet.

Focus

PRODUCTS & SERVICES

The wallet provides facilities such as functions just like a checking account for managing daily spending, send, receive and convert funds in all currencies worldwide, top-up your account with cash, bank transfers, credit card or bitcoins, and chat & send money to any email address or phone number instantly.

REVENUE MODEL

The company generates revenue from One-time ordering fee of $15 USD, while the card is in beta. This amount is debited from your Xapo Wallet in bitcoins. Other potential charges will vary based on your card usage, such as a lost card replacement fee, ATM withdrawal fees and Foreign Exchange fees.

MAIN CLIENTS

Online Retail Cryptocurrency Investors

EXISTING PARTNERSHIPS

PaySera

Traction

VALUATION / MARKET CAP:

$266.67 M in 2015

Momentum

FUNDED

YES

TOTAL FUNDING

$20 M

DATE OF LAST FUNDING

Jul 2014

FUNDING SERIES

SERIES A  · $20 M  · Jul 2014

LISTED

NO

BASICS

FOUNDING YEAR:

2012

LOCATION:

United States

Views:

425 VISITORS | 780 VIEWS
LATEST FUNDING ROUND

$20 M

TOTAL EMPLOYEES
11-50

About

Xapo is a HongKong-based company that provides a bitcoin wallet and cold storage services for digital asset as well as a virtual bitcoin debit card. The Xapo wallet is available both online and offline with all transactions conducted without any fees. The main features of the platform is their offer of a special Xapo debit card that is connected to the user’s wallet.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

Focus+
Momentum+
Traction+
People+
Other+

Join the exclusive global FinTech community

Be a part of the global FinTech community on Slack