# Coinzone

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

- Industry: Internet
- Headquarters: Amsterdam, Netherlands
- Website: www.coinzone.com
- Total disclosed funding: $1.4M
- Latest round: Seed (Feb 25, 2014)
- Investors on record: 1

## About

Coinzone offers innovative cryptocurrency payment solutions and trading services, facilitating seamless transactions for businesses and users across various global markets.Coinzone, founded in 2014 and headquartered in Amsterdam, Netherlands, specializes in cryptocurrency payment solutions. The company was acquired by Coinify in August 2015, although the financial specifics of the deal were not disclosed. Coinzone has completed two notable deals to date. The CEO information is currently unavailable.Coinzone provides comprehensive cryptocurrency payment solutions and trading services to simplify transactions for both businesses and end users. Their key offerings include a range of integrated payment solutions allowing merchants to easily accept cryptocurrency payments and a Crypto Trade Widget that supports various platforms such as exchanges, wallets, NFT marketplaces, and decentralized applications (dApps). The company serves a growing clientele of over 60,000 businesses and payment service providers across Europe, Asia, and parts of North America and Latin America, ensuring compliance with legal and regulatory requirements.Coinzone generates revenue primarily through transaction fees and partnerships with businesses utilizing their cryptocurrency payment solutions. The company operates on a B2B model, charging merchants fees for each processed cryptocurrency payment. Additionally, businesses engaging in trading may incur fees associated with such transactions. Coinzone's service offering supports high-value transactions exceeding EUR 50,000, which may come with dedicated support from their team, catering to clients in retail, e-commerce, and finance sectors.Coinzone plans to expand its product offerings by launching new payment solutions targeted for early 2024. The company is also looking to enter new markets in Africa and Southeast Asia by mid-2024, leveraging its latest Seed funding of EUR 1.000 mn, raised from GECAD Ventures, to enhance development capabilities and market entry strategies. The acquisition of Coinzone in August 2015 is part of its strategy to consolidate its market presence and drive growth.

## Funding rounds

- Seed, Feb 25, 2014, $1.4M — GECAD Ventures

## Investors

- GECAD Ventures (https://capitalatlas.ai/funds/gecad-ventures) — Seed