Coinify
Financials
Estimates*
EUR | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2022 |
---|---|---|---|---|---|---|---|
EBITDA | (<1m) | (<1m) | (1.9m) | (2.8m) | (1.7m) | (<1m) | (1.2m) |
Profit | (<1m) | (<1m) | (1.9m) | (2.9m) | (1.4m) | <1m | (1.2m) |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Seed | ||
$4.0m | Series A | ||
* | $4.8m | Series A | |
$84.0m Valuation: $84.0m -557.6x EV/LTM EBITDA | Acquisition | ||
* | N/A | Acquisition | |
Total Funding | $8.8m |
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Recent News about Coinify
EditCoinify is a secure online platform that facilitates the buying, selling, and acceptance of virtual currencies. Operating in the cryptocurrency market, Coinify serves both individual users and business merchants. The platform offers a range of services including a payment suite for businesses to accept cryptocurrency payments, wallet trading solutions for seamless transitions between traditional and virtual currencies, and a user-friendly interface for individuals to trade cryptocurrencies quickly and securely. Coinify's business model revolves around transaction fees and service charges for its various offerings. The company ensures compliance with national and international regulatory bodies, including the Danish Financial Authority and the Danish Tax Authorities, to maintain a secure and compliant environment for its users.
Keywords: cryptocurrency, virtual currencies, payment platform, wallet trading, secure transactions, regulatory compliance, business merchants, individual users, transaction fees, financial integration.