# XanPool

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

- Industry: Internet
- Headquarters: Singapore, Singapore
- Website: www.xanpool.com
- Total disclosed funding: $31M
- Latest round: Series A (Oct 22, 2021)
- Investors on record: 8

## About

XanPool Limited is a fintech company specializing in innovative payment solutions that facilitate seamless cryptocurrency transactions for businesses and individuals.XanPool Limited, founded in 2019 and headquartered in Singapore, provides a comprehensive suite of payment solutions for cryptocurrency transactions. The company was co-founded by Artem Ibragimov and Jeff L, who have prior entrepreneurial experience. XanPool has raised a total of USD 41.00 mn across multiple funding rounds, with the most recent deal on November 25, 2022, led by Target Global and including Antler Elevate. The latest funding round will accelerate its operations but does not indicate any changes in business strategy.Xanpool offers a variety of payment solutions tailored for seamless cryptocurrency transactions for its clients. Its core products include a fiat-to-crypto payment gateway and a decentralized liquidity network, which streamline the buying, selling, and transferring of cryptocurrencies. The company's services cater to digital wallets, e-commerce platforms, and fintech companies, with a focus on markets in Southeast Asia, Europe, and North America, facilitating user-friendly transaction processing for both retail and institutional clients.Xanpool generates revenue through a transaction-based model, charging fees for each successful payment processed via its platform. This structure supports partnerships with businesses integrating cryptocurrency payments, allowing for both B2B and direct-to-consumer transactions. Each business using Xanpool's services incurs variable fees based on transaction types, reflecting a tiered pricing strategy that scales with transaction volume, ensuring operational sustainability.Following the USD 41.00 mn funding round in November 2022 led by Target Global, XanPool plans to accelerate its expansion into European, Middle Eastern, North African, and Latin American markets. The company aims to enhance its product offerings and is actively working on new solutions to be released in the near future to further facilitate cryptocurrency adoption.

## Funding rounds

- Series A, Oct 22, 2021, $27M — Valar, gumi ventures, Antler, CMT Digital
- Series A, Sep 11, 2020, $4.3M — gumi ventures, HashKey Capital, OK Group
- Seed, Nov 1, 2019 — NGC Ventures, MXC Pro Capital
- Seed, Mar 10, 2019, $0.1M — Antler

## Investors

- Antler (https://capitalatlas.ai/funds/antler) — Seed, Series A
- NGC Ventures (https://capitalatlas.ai/funds/ngc-ventures) — Seed
- MXC Pro Capital — Seed
- gumi ventures (https://capitalatlas.ai/funds/gumi-ventures) — Series A
- HashKey Capital (https://capitalatlas.ai/funds/hashkey-capital) — Series A
- OK Group — Series A
- Valar (https://capitalatlas.ai/funds/valar) — Series A
- CMT Digital (https://capitalatlas.ai/funds/cmt-digital) — Series A