Electroneum

company

About

Electroneum is a digital payments ecosystem that allows anyone to store, send and receive digital funds via their smartphone.

Details

Last Funding Type
Initial Coin Offering
Last Funding Money Raised
$40M
Industries
Cryptocurrency,Financial Services,FinTech,Mobile Payments
Founded date
Jan 1, 2016
Number Of Employee
11 - 50
Operating Status
Active
Legal Name
Electroneum Ltd.

Electroneum is a digital payments ecosystem that allows anyone to store, send and receive digital funds via their smartphone. A new era of digital payments is needed to unlock the global economy for more than 1.7 billion unbanked people worldwide. They are using the power of blockchain to unlock the global digital economy for millions of people in the developing world. Helping everyone to live life on their own terms, their solution is enabling people to embrace their entrepreneurial spirit and find new ways to enhance their lives.

Their mobile-based payments solution is powered by ETN - the world’s fastest and first KYC/AML compliant cryptocurrency. ETN is a store of value that can be used to purchase everyday items, from bread and milk, to mobile phone top ups. When used in conjunction with the Electroneum mobile application, users can transfer ETN to anyone in an instant, either in person or remotely.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$40M
Electroneum has raised a total of $40M in funding over 2 rounds. Their latest funding was raised on Nov 6, 2017 from a Initial Coin Offering round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 6, 2017 Initial Coin Offering $40M Detail
Nov 1, 2017 Secondary Market 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Electroneum is funded by 1 investors. Nio Pomilia are the most recent investors.
Investor Name Lead Investor Funding Round
Nio Pomilia Secondary Market

Employee Profiles

Number of Employee Profiles
4
Electroneum has 4 current employee profiles, including Advisor Mati Greenspan
Advisor
Executive
Advisor
Employee