# Bankity

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bankity

- Industry: Software
- Headquarters: Medellin, Colombia
- Website: www.bankity.com
- Total disclosed funding: $0.1M
- Latest round: Seed (Feb 6, 2015)
- Investors on record: 1

## About

Bankity is a financial services company focused on cryptocurrency management, providing solutions for trading, digital wallets, and educational resources to facilitate the use of digital assets.Founded in 2014 in Medellin, Colombia, Bankity specializes in cryptocurrency management and integration solutions. The company was co-founded by Diego Guevara and Julian Ospina, with Diego Guevara also serving as the CEO. In February 2015, Bankity raised USD 0.09 million in Seed funding from Socialatom Ventures, marking its first investment round.Bankity offers a platform for trading cryptocurrencies, digital wallets, and educational resources aimed at enhancing the understanding of digital assets. Its core product allows secure buying, selling, and storage of various cryptocurrencies and targets individual users, businesses, and institutional clients primarily in Latin American markets such as Spain, Mexico, and Argentina.Bankity generates revenue through transaction fees incurred for trades executed on its platform. Fees vary based on transaction volume. The company also offers subscription plans for premium features and educational resources and has partnerships with financial institutions and fintech companies that expand its service offerings.Bankity plans to utilize its recent Seed funding of USD 0.09 million, raised in February 2015, to enhance its product offerings and expand into new markets. The company is focused on launching additional educational resources and trading features, aiming for a rollout in 2024. Specific target markets for expansion include further outreach into Mexico and Argentina, with plans to establish a stronger regional presence.

## Funding rounds

- Seed, Feb 6, 2015, $0.1M — Socialatom Ventures

## Investors

- Socialatom Ventures (https://capitalatlas.ai/funds/socialatom-ventures) — Seed
