River Financial

River Financial

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One-stop-shop for any person or business interested in Bitcoin. Offers a suite of Bitcoin services, including Bitcoin brokerage with zero-fee recurring orders, full-reserve custody, mining, and a Bitcoin wallet that supports both on-chain and Lightning Network transactions. Learn more

Launch date
Employees
Market cap
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Net debt
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Enterprise valuation
$140—210m (Dealroom.co estimates May 2023.)
San Francisco California (HQ)
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$35.0m

Series B
Total Funding000k

Recent News about River Financial

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River.com is a digital platform that enables users to invest in Bitcoin with confidence. The company operates in the cryptocurrency market, specifically focusing on Bitcoin. It offers a secure platform for buying Bitcoin with zero fees on recurring orders, a feature that helps to smooth out the price volatility of Bitcoin. This makes it an attractive option for both small and large investors, including those investing more than $100,000 in Bitcoin.

River.com's business model is centered around providing a secure, user-friendly platform for Bitcoin transactions. It makes money by facilitating these transactions. The company prides itself on its security measures, which include 100% full reserve custody, meaning all assets on River are held 1:1 and are not used or lent out. This ensures that the Bitcoin you buy is truly yours.

Additionally, River.com offers instant global transactions through the Lightning Network, eliminating the need for waiting or worrying. It also allows users to set a Target Price Order to buy Bitcoin dips automatically, even while they sleep.

The company is licensed and regulated in the US, complying with all state and federal regulations. It uses multisig cold storage, keeping clients' Bitcoin offline and requiring multiple signatures to authorize a transaction. This further enhances the security of the platform.

River.com also provides weekly newsletters with curated market insights, helping its users stay informed about the latest trends in the cryptocurrency market.

In summary, River.com is a secure, user-friendly platform for investing in Bitcoin, offering a range of features designed to make the process as smooth and worry-free as possible.

Keywords: Bitcoin, Cryptocurrency, Investment, Security, Zero Fees, Recurring Orders, Lightning Network, Target Price Order, Full Reserve Custody, Multisig Cold Storage.

Tech stack

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