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§ Private Profile · London, UK
Blockchain analytics & AML compliance SaaS platform for digital assets. Automates transaction monitoring, risk assessment, asset tracing.
Founded in 2016 and based in London, Coinfirm provides blockchain analytics and AML compliance solutions that automate transaction monitoring, risk assessment, and illicit asset tracing. The SaaS platform serves major cryptocurrency exchanges, blockchain protocols, and traditional financial institutions, securing enterprise contracts with notable clients like Binance, Cardano, and PKO BP. The enterprise raised over eight million dollars in total venture funding and scaled operations to support an estimated annual revenue between twenty and twenty-seven million dollars with up to eighty-nine employees. In May 2024, the enterprise crypto data provider Lukka acquired the business to integrate its on-chain analytics and sanction screening capabilities into a broader institutional software suite. Before this recent acquisition, the firm previously partnered with Sanction Scanner in November 2022 to further enhance its digital asset investigations and entity due diligence offerings.
Coinfirm has raised $12.7M across 3 funding rounds.
Coinfirm has raised $12.7M in total across 3 funding rounds.
Coinfirm has raised $12.7M across 3 funding rounds. Most recently, it raised $8.0M Series A in September 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 16, 2021 | $8M Series A | Alexander Christen, Maximilian Spelmeyer | Coinshares, Pascal Bouvier, Mission Gate | Announced |
| Jan 1, 2020 | $4M Seed | — | 83North, Atomico, Koolen And Partners, Maki.vc, Team Global | Announced |
| Feb 8, 2017 | $700K Venture Round | Luma Ventures | — | Announced |
Coinfirm has raised $12.7M in total across 3 funding rounds.
Coinfirm's investors include Alexander Christen, Maximilian Spelmeyer, CoinShares, Pascal Bouvier, Mission Gate, 83North, Atomico, Koolen and Partners, Maki.vc, Team Global, Luma Ventures.
Coinfirm is a RegTech company specializing in blockchain analytics, AML (Anti-Money Laundering), KYC (Know Your Customer) compliance, and investigations solutions for the cryptocurrency ecosystem.[1][2][3] Its blockchain-agnostic platform automates risk assessment, transaction monitoring, and counterparty analysis using proprietary algorithms, serving crypto exchanges (e.g., Binance), protocols (e.g., Ripple’s XRP, ADA), banks (e.g., PKO BP), governments, and law enforcement to bridge blockchain and traditional finance.[2][4][5] Coinfirm solves critical compliance challenges by providing real-time data on 14,000+ blockchain entities, detecting illicit activities like fraud and human trafficking, and enabling sustainable scaling—making AML up to 90x more effective while supporting financial inclusion.[1][4] Founded in 2016, it raised $12.7M before being acquired by Lukka in May 2024, with offices in the UK, Poland, US, Canada, and Japan.[3][6]
Coinfirm was founded in early 2016 in London, UK, by experienced professionals in compliance, technology, and finance, including former global heads of AML from major institutions, Big 4 anti-fraud specialists, and veteran blockchain developers.[1][2][4] The idea emerged to address the lack of AML standards hindering blockchain's integration into traditional markets, creating a "bridge" between the two economies amid rising regulatory demands.[2] Early traction came from servicing over 130 clients, including major banks and protocols, with innovations like blockchain-agnostic analysis and 300 proprietary risk scenarios, evolving into a global RegTech leader combating issues like human trafficking and fraud.[1][2][5]
Coinfirm rides the wave of increasing crypto regulation (e.g., FATF Travel Rule, MiCA in Europe), where trillions in compliance spending demand robust AML tools as blockchain assets enter mainstream finance.[2][5] Its timing aligns with post-2022 market maturation, where trust in data quality is paramount amid hacks and illicit finance concerns, enabling traditional institutions to adopt crypto safely.[3][6] Market forces like rising VASPs, DeFi growth, and global anti-trafficking efforts favor its solutions, influencing the ecosystem by setting standards for analytics (e.g., liquidity pool monitoring) and facilitating 130+ clients' expansion.[1][4]
Post-2024 acquisition by Lukka, Coinfirm's analytics will integrate into enterprise platforms, enhancing on-chain compliance with audited datasets amid escalating regulatory scrutiny.[3][6] Trends like AI-driven monitoring, tokenized real-world assets, and stricter global rules (e.g., expanding Travel Rule) will propel growth, potentially evolving its influence toward unified data solutions for institutions. As the blockchain economy scales, Coinfirm—now amplified by Lukka—remains pivotal in fostering a safer, compliant digital finance era, building on its 2016 mission to bridge worlds.[1][6]