Galoy
Latest round
- Seed
Last raised
- Dec 2021
Total raised
- $3M
Investors
- 4
About Galoy
Founded in 2019 by Nicolas Burtey, Galoy Inc is based in Mountain View, US. The company focuses on developing banking solutions tailored for Bitcoin.Galoy offers a suite of banking software solutions designed specifically for the Bitcoin ecosystem, catering to the rising demand for bitcoin-backed lending products.' Blink has established itself as a preferred solution for communities and individuals engaging in everyday Bitcoin transactions, providing a secure, accessible, and reliable platform for managing digital assets. Additionally, Galoy has introduced Lana, a platform for launching bitcoin-backed loan products, strategically targeting financial institutions looking to enhance their service offerings with innovative lending options.Galoy generates revenue through business partnerships and transactions involving its banking software products. The company structures its offerings primarily as B2B solutions, allowing financial institutions to integrate Galoy's technology into their existing infrastructures. By leveraging products like Blink and Lana, clients can facilitate transactions such as bitcoin deposits and loans, enhancing their service capabilities without extensive internal development. The pricing structure for these services is tailored to the needs of enterprise clients, ensuring that organizations can implement Galoy's solutions in a way that aligns with their operational models.000 mn to support the continued development of its GaloyMoney bitcoin banking platform. The company is focused on expanding its product offerings, particularly around bitcoin-backed lending solutions. Additionally, Galoy aims to penetrate new markets in Europe and Asia by the end of 2023, enhancing accessibility to their services and increasing partnerships with financial institutions. Recent developments showcase a strategic path toward integrating more functionalities and optimizing user experiences on their existing platforms.
Who invested in Galoy
4 investors across 1 round
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Funding rounds
Seed
Dec 15, 2021
Amount
$3M
Investors
Questions about Galoy
Who invested in Galoy?
Galoy has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Galoy raised?
Galoy has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Galoy last raise money?
Galoy's most recent round on record is a Seed, in Dec 2021.
What does Galoy do?
Founded in 2019 by Nicolas Burtey, Galoy Inc is based in Mountain View, US.
Where is Galoy headquartered?
Galoy is headquartered in Mountain View, US.
Which VCs invest in companies like Galoy?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Galoy's stage. Their profiles are linked below.
VCs backing software startups at Seed
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