# Coin

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/coin-2

- Industry: Financial Services
- Headquarters: Isle of Man
- Website: www.coindirect.com
- Total disclosed funding: $1.1M
- Latest round: Seed (Dec 18, 2018)
- Investors on record: 3

## About

Founded in 2017, Coin Limited, based in Douglas, Isle of Man, specializes in stablecoin payment infrastructure, facilitating seamless transactions across fiat and cryptocurrency for a diverse range of businesses.Coin Limited operates a payment infrastructure focused on stablecoins, founded in 2017 by Donald J. The company has raised EUR 1 million in Seed funding as of December 18, 2018, led by Concentric and includes other investors like Blockchain.com Group Holdings, Inc. and Stablecoin Liquidity Services LLC. The funding values the company at GBP 4.18 million post-money.Coin Limited provides enterprise-grade payment solutions that enable businesses to handle transactions in both fiat and stablecoins through a unified API platform. Their services cater to various use cases such as global payroll, marketplace payments, and transactions involving digital assets, making it accessible to fintech companies, marketplaces, and gaming platforms across several regions including Europe and the United States.In 2022, Coin Limited reported a revenue of EUR 11,557,548.70, with an EBITDA of EUR 1,074,670.90. The company generates revenue primarily from transaction fees charged to merchants using its payment platform, which is designed for business clients with significant monthly transaction volumes.Following the Seed funding round completed in December 2018, Coin Limited plans to expand its product offerings and enhance its payment solutions infrastructure. The company is targeting further expansion into emerging markets in Europe and the United States by 2024. The recent funding will support the development of new product features and improvements to their API platform to facilitate increased transaction capabilities in diverse regulatory environments.

## Funding rounds

- Seed, Dec 18, 2018, $1.1M — Blockchain.com, Inc., Concentric, Stablecoin Liquidity Services LLC

## Investors

- Blockchain.com, Inc. — Seed
- Concentric (https://capitalatlas.ai/funds/concentric) — Seed
- Stablecoin Liquidity Services LLC — Seed