Coinffeine

company

About

Coinffeine provides financial institutions a solution to offer their clients crypto services with a decentralized exchange and self custody.

Details

Last Funding Type
Pre-seed
Last Funding Money Raised
€160K
Industries
Bitcoin,FinTech
Founded date
May 1, 2014
Number Of Employee
1 - 10
Operating Status
Active

Financial institutions and other entities seeking to offer cryptocurrency buy, sell and custody services may resort to building them up from the scratch, or partnering with crypto exchange and custody service providers. There is, however, an alternative, unsuspected approach. Coinffeine has developed a matching protocol and a distributed application with which end users/clients are themselves exchange and custodian. With it, cryptocurrency services can be deployed bearing no financial risk and no custodial responsibility, whilst always staying in full control. Virtually no integration with existing applications is needed and the distributed nature of the solution requires less infrastructure and maintenance, so that time to market, cost of deployment and running costs, are drastically improved. On top of this architecture we plan on developing solutions for cryptocurrency OTC orders, tokenized securities secondary markets, marketplace for NFTs, and more.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
€160K
Coinffeine has raised a total of €160K in funding over 2 rounds. Their latest funding was raised on Feb 12, 2018 from a Pre-seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Feb 12, 2018 Pre-seed €160K Detail
Nov 21, 2014 Non-Equity Assistant 1 Desafia Detail
Nov 17, 2014 Seed 1 Bankinter Detail

Investors

Number of Lead Investors
Number of Investors
2
2
Coinffeine is funded by 2 investors. Desafia and Bankinter are the most recent investors.
Investor Name Lead Investor Funding Round
Desafia Yes Non-Equity Assistant
Bankinter Yes Seed

Employee Profiles

Number of Employee Profiles
3
Coinffeine has 3 current employee profiles, including Executive Rafael Ramos Brito
Executive
Executive
Executive