Bitspark
A Hong Kong-based cryptocurrencyremittances company that served the Asia-Pacific markets,
Description
Bitspark was founded in 2014, pioneering the world's first cross border cryptocurrency remittance service. Since then, Bitspark built products and services that made it easier to buy and sell cryptocurrencies with cash in several countries in the APAC region.
Legal Name
-
Former Legal Name(s)
-
Company Reputation
-
Entity Type
Private limited company
Ownership Status
-
Operational Status
Inactive
Founded Date
2014
Operational Duration
6 years
Shutdown Date
2020
Last Financing Round
Venture Round
Total Raised
USD 717.3K
Last Financing Date
9 Nov 2017
No. of Funding Round(s)
5
No. of Investor(s)
2
No. of Employees
10 - 50
Total Revenue
-
Post-money Valuation
-
Market Capitalization
-
Stage of Development
Growth
Transactional Model Type
B2C
Defensibility Moats
Procedural knowledge,
City
North Point
State/Province
Hong Kong Island
Country
Hong Kong
Industry
Blockchain
Categories
Cryptocurrency, Bitcoin, Payments, FinTech, Finance,
Note: Direct competitors are defined by similarity score of more than 40%, while similar companies are defined by similarity score of less than 40%
| No. | Image | Name | Similarity score | Description | Industry | Categories | Location | Ownership status | Entity type | Stage of development | Transactional model type | Defensibility moats | Last financing round | Total raised | Post-money valuation | Last financing date | No. of funding round(s) | No. of investors | Investors | Total revenue | Market capitalization | No. of investments | No. of acquisitions | No. of board seats taken | Competition | Management | No. of employees | Company reputation | Contact info | Operational status | Operational duration | Shutdown date | Founded date | Legal name | Former legal name(s) | Ticker |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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9. |  | Koinex | 6.5% | Digital assests exchange. | Blockchain | Bitcoin, Trading Platform, Financial Services | India | - | - | - | - | - | Seed | - | - | - | - | - | - | - | - | - | - | - | - | - | 50-100 | - | - | Inactive | - | - | 2017 | - | - | - |
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17. |  | Wala | 3.7% | A financial service app built on the blockchain for cash-based consumers in emerging markets. | Blockchain | Banking, FinTech, Internet, P2P, Financial Services | South Africa | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2015 | - | - | - |
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21. |  | Coinome | 3.2% | A cryptocurrency exchange that offered instant deposits, withdrawals and crypto-crypto trading. | Blockchain | FinTech, Trading Platform, Cryptocurrency | India | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2017 | - | - | - |
22. |  | Bitdeal | 3.1% | Bitdeal was a digital currency that allows two willing parties to conduct safe and private transactions anywhere around the world. | Blockchain | Internet, Cryptocurrency | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Active | - | - | - | - | - | - |
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25. |  | JoyToken | 2.4% | Revolutionized gambling by enabling a new generation of games developers and players - smarter games for smarter players. | Blockchain | Cryptocurrency, Gaming, Developer Tools | United Kingdom | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Inactive | - | - | 2017 | - | - | - |
26. |  | CoFoundIt | 1.4% | A distributed startup accelerator based on blockchain technology. | Blockchain | Cryptocurrency, Consulting, Crowdfunding | Slovenia | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2017 | - | - | - |
| No. | Image | Name | Investor type | Description | Location | Preferred investment stage(s) | Stages invested in | Assets under management (AUM) | Investment range | Investment sweet spot | Preferred investment focus | Preferred investment geography | No. of investments | No. of lead investments | No. of follow-on investments | No. of co-investments | Portfolio companies | No. of exits | Total exit value | No. of failed investments | Loss on investments | No. of acquisitions | No. of board seats taken | No. of funds | Limited partners | Co-investors | No. of partners | Partners | No. of employees | Management | Board members | Founders | Investor reputation | Contact info | Entity type | Legal name | Former legal name(s) | Founded date | Ticker |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1. |  | SixThirty | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
2. |  | RGAx | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| No. | Image | Name | Previous designation | Previous company | Previous biography | Previous profile type | Previous location | Experience | Education | Reputation | Current company | Current designation | Current biography | Current profile type | Current location | No. of investments | No. of exits | Total exit value | No. of board seats taken | Contact info |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1. |  | George Harrap | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
2. |  | Maxine Ryan | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| No. | Financing date | Financing round | Total amount raised | Post-money valuation | Financial viability | Fundraising target amount | Remaining target amount | Financing type | No. of investors | Board seats | Lead investors | Entity type | Financing status |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1. | 9 Nov 2017 | Venture Round | USD 200K | - | - | - | 2 | - | - | - | Completed | ||
2. | 1 Sep 2016 | Seed Round | - | - | - | - | - | - | 1 | - | - | - | - |
3. | 11 May 2016 | Seed Round | USD 126K | - | - | - | 1 | - | - | - | Completed | ||
4. | 16 Sep 2015 | Seed Round | USD 350K | - | - | - | - | - | - | - | Completed | ||
5. | 1 Jul 2014 | Seed Round | USD 41.3K | - | - | - | 1 | - | - | - | Completed |
