Thebitcoincompany
Earn bitcoin rewards on all your spending with The Bitcoin Company app.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
* | $2.1m | Seed | |
| Total Funding | 000k | ||
Related Content
The Bitcoin Company, established in 2021, operates as a financial services platform centered on making Bitcoin accessible and useful for everyday transactions. The company secured $2.1 million in a seed funding round on April 5, 2022, with backing from 13 investors, including Axiom BTC, Cavalry Asset Management, and Fulgur Ventures.
Cofounded by Ben Samocha, an entrepreneur with a background in the cryptocurrency space. Samocha founded CryptoJungle in 2017, a notable digital platform in Israel for crypto news and education, and is also the founder of the "Crypto Talks" community. His experience includes working with major global companies like Binance and Solana and co-founding the crypto media outlet Chainwire. This background in crypto education and community building informs the company's mission to bridge the gap between traditional finance and Bitcoin.
Operating in the FinTech and Cryptocurrency/Blockchain sectors, The Bitcoin Company functions as a developer of a Bitcoin services platform. Its business model is centered around a neobank/super-app that consolidates a suite of financial services. Revenue is generated through its various offerings that facilitate the use of Bitcoin. The company's mobile and web applications allow users to purchase gift cards for over 10,000 brands, buy prepaid Visa debit cards, and top-up phones globally, earning Bitcoin rewards on each transaction. The platform also features card-linked offers, enabling users to earn rewards by shopping with eligible merchants after linking their existing credit and debit cards. Looking ahead, the company plans to introduce international remittance tools, fiat-to-bitcoin exchange services, and other banking-related features.
Keywords: Bitcoin rewards, FinTech, cryptocurrency financial services, mobile payments, gift cards, prepaid debit cards, Bitcoin cashback, neobank, super-app, crypto spending, Bitcoin accessibility, blockchain finance, digital currency platform, BTC rewards, spend Bitcoin, card-linked offers, crypto-back rewards, financial technology, Bitcoin services, international remittances