# Math Global Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/math-global-co

- Industry: Financial Services
- Headquarters: Singapore
- Website: www.mathwallet.org
- Total disclosed funding: $20M
- Latest round: Series B (Dec 17, 2020)
- Investors on record: 6

## About

Math Global Co., Ltd. is a provider of multichain wallet solutions for Web3 applications, focusing on seamless cryptocurrency transactions and decentralized application access.Founded in 2019 and headquartered in Singapore, Math Global Co., Ltd. operates as an independent entity without subsidiaries. The company focuses on multichain wallet solutions, having completed its latest funding round, a Series B, in December 2020, raising USD 12 mn from investors including Amber Group and NGC Ventures. Eric Yu, the founder, has a history of involvement in technology ventures and leads the company in its innovative pursuits.Math Wallet specializes in providing a comprehensive multichain wallet solution tailored for Web3 applications. Their core offerings include the MathWallet App, which supports a variety of cryptocurrencies and decentralized applications (DApps), and the Math DApp Store, a centralized platform for users to access and utilize various DApps seamlessly. The wallet integrates features such as NFT management, AI-powered analytics to enhance user experience, and smooth cryptocurrency payment integrations aimed at streamlining online business transactions. Math Wallet serves a diverse clientele, including individual cryptocurrency users, developers of decentralized applications, and businesses looking for efficient crypto payment solutions. The company targets a global market, with its products available in regions such as North America, Europe, and Asia.Math Wallet generates revenue through a combination of transaction fees, partnerships, and service subscriptions associated with its multichain wallet and DApp offerings. Clients engaging with the MathWallet App can transact across more than 221 supported public chains, with each transaction incurring standard processing fees that contribute to the company’s revenue stream. The structure includes direct-to-consumer sales, where individual users pay for premium features or enhanced functionalities within the wallet, alongside B2B partnerships with developers and businesses for customized integrations and services. Notably, flagship products such as the MathWallet Google Chrome Extension and Math DApp Store play significant roles in driving user engagement and revenue, as they provide essential tools for accessing and managing decentralized assets efficiently. Pricing plans for specific services or features are structured to cater to varying user needs, ensuring broad market appeal and utility.In December 2020, Math Global Co., Ltd. raised USD 12 mn in Series B funding, which will be utilized to enhance product offerings and accelerate market expansion. The company is planning the launch of new features and products, aimed at improving user experience and increasing accessibility to its services. Math Wallet intends to expand into additional geographic regions, specifically targeting emerging markets in Southeast Asia and Africa by 2023, leveraging this funding to support strategic initiatives and product development.

## Funding rounds

- Series B, Dec 17, 2020, $12M — YZi Labs, Amber Group, NGC Ventures, Capital6 Eagle
- Series A, Oct 12, 2020, $7.8M — Multicoin Capital, Alameda Research

## Investors

- Multicoin Capital (https://capitalatlas.ai/funds/multicoin-capital) — Series A
- Alameda Research — Series A
- YZi Labs (https://capitalatlas.ai/funds/yzi-labs) — Series B
- Amber Group — Series B
- NGC Ventures (https://capitalatlas.ai/funds/ngc-ventures) — Series B
- Capital6 Eagle (https://capitalatlas.ai/funds/capital6-eagle) — Series B