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§ Private Profile · Melbourne, Victoria, Australia
Payment infrastructure provider offering global, compliant fiat-to-crypto on-and-off ramps for digital asset platforms.
Banxa is a payment infrastructure provider based in Melbourne, Australia, that develops compliant fiat-to-crypto on-and-off ramp solutions to bridge traditional financial systems with the digital asset ecosystem. Operating as a publicly traded business-to-business-to-consumer platform with a $40 million market capitalization, the company generates revenue through transaction fees and spreads by integrating its application programming interfaces directly into third-party cryptocurrency exchanges and decentralized finance applications. The enterprise has processed over $3 billion in total transaction volume across 6 million completed orders, serving approximately 1.6 million individual customers in more than 170 countries. Supported by a global workforce of roughly 150 employees, Banxa provides its regulatory compliance and payment processing infrastructure to over 300 corporate partners, including prominent industry entities such as MetaMask, Coinbase, Ledger, and OKX. The organization was founded in 2014 by Domenic Carosa.
Banxa has raised $2.0M across 1 funding round.
Banxa has raised $2.0M in total across 1 funding round.
Banxa has raised $2.0M in total across 1 funding round.
Banxa's investors include NGC Ventures, Thorney Investment Group.
Banxa has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Series A in January 2020.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 15, 2020 | $2M Series A | NGC Ventures | Thorney Investment Group | Announced |