Coindirect

company

About

Our end-to-end crypto offering includes a peer-to-peer marketplace, wallet supporting 42 coins and an exchange supporting 15 trading pairs.

Details

Last Funding Type
Seed
Last Funding Money Raised
€1.50M
Industries
Blockchain,Cryptocurrency,E-Commerce,Financial Services,Internet,Marketplace,Payments
Founded date
Oct 25, 2017
Number Of Employee
11 - 50
Operating Status
Active
Legal Name
WD Global Services Limited
Also Known As
Coindirect.com,Coindirect Ltd

Coindirect accelerates African cryptocurrency adoption by building a bridge between the decentralised world of crypto and the centralised world of traditional finance. The Coindirect founding team are from South Africa.

We've created an end-to-end crypto trading platform that allows users to buy and sell coins directly on our peer-to-peer marketplace - without having to first convert - at 0% transaction fees using multiple payment methods, from credit card and local bank transfer through to Paypal. Our wallet supports over 40 different coins and altcoins, including ERC-20 coins; while our Exchange platform supports 15 different trading pairs.

The promise is that every African, from a first-time buyer to a pro-investor, can easily and securely buy, sell, trade and track their assets in one place. In addition to creating a service for consumers, Coindirect gives other fintech services access to its underlying tech platform via an API.

Coindirect is powering the mainstream adoption of cryptocurrency in Africa and across the globe. By bridging the gap between the traditional finance world and the endless possibilities ahead of us, anyone can #OwnThe Future. Visit our website - Coindirect.com

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
€1.50M
Coindirect has raised a total of €1.50M in funding over 2 rounds. Their latest funding was raised on Jan 1, 2020 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jan 1, 2020 Series Unknown 1 Detail
Feb 21, 2019 Seed €1.50M 4 Concentric Detail
Nov 30, 2018 Seed Detail

Investors

Number of Lead Investors
Number of Investors
1
5
Coindirect is funded by 5 investors. Concentric and Kinled Holding are the most recent investors.
Investor Name Lead Investor Funding Round
Concentric Yes Seed
Kinled Holding Series Unknown
Blockchain.com Ventures Seed
MakerDAO Seed
Paolo Rubatto Seed