Revix
Revix is multi-asset WealthTech business that operates both B2C & B2B divisions with the overarching mission to enable everyone to grow and manage their own wealth.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor | €0.0 | round |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
* | N/A | Merger | |
| Total Funding | 000k | ||
| USD | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 482 % | 3013 % | 23 % | 6 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | (8711 %) | (1844 %) | - | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (8711 %) | (1843 %) | (21 %) | (183 %) | (4 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Revix, a financial technology company established in 2018, positions itself as an investment platform focused on simplifying access to the cryptocurrency market. The company was founded by Sean Sanders and Louis Buys, both of whom brought prior entrepreneurial and financial experience to the venture. Sanders, the CEO, previously founded a financial technology company and has a background in investment management, which has shaped Revix's approach to making alternative investments more accessible.
The firm's core business revolves around offering themed cryptocurrency bundles, which are analogous to index funds or exchange-traded funds (ETFs) in traditional finance. This model allows customers to invest in a diversified portfolio of cryptocurrencies through a single transaction, thereby mitigating the risk associated with investing in individual digital assets. These bundles are constructed based on specific themes or market capitalizations, such as the top 10 cryptocurrencies or assets focused on decentralized finance (DeFi) or smart contracts. The platform automatically rebalances these bundles on a regular basis to ensure they remain aligned with their investment mandate, a service designed to reduce the complexity for retail investors.
Revix generates revenue primarily through transaction fees and monthly management fees associated with holding the investment bundles. The target clientele consists of individuals seeking exposure to the cryptocurrency asset class but who may lack the expertise or time to manage a portfolio of individual coins. The platform provides educational resources alongside its investment products to support this customer segment.
A significant milestone in the company's history was its acquisition by Sabinet, a well-established information services provider, in 2023. This event occurred after Revix had entered business rescue proceedings, indicating a period of financial distress. The acquisition provided Revix with the stability and resources to continue its operations. The platform's product suite also includes direct investment options for standalone cryptocurrencies like Bitcoin and Ethereum, as well as a savings vault that offers interest on deposits.
Keywords: cryptocurrency investing, digital asset platform, crypto bundles, thematic crypto investing, portfolio rebalancing, retail investors, DeFi, investment management, fintech, wealth management