BlockchainFinTechFunding

Bitso: Raises $62M in Funding

  • Bitso, a Mexico City-based crypto platform, closed $62m in Series B funding
  • The round was led by Kaszek Ventures and QED Investors with participation from existing shareholders Coinbase Ventures and Pantera Capital
  • Nigel Morris from QED and Nicolas Szekasy from Kaszek have joined the board
  • The company intends to use the funds to accelerate growth into Latin America and extend its engineering team
  • Founded in 2014 by Daniel Vogel, CEO, Bitso is a cryptocurrency platform with an active community of over one million users
  • The company offers two main products: an app for new or experienced cryptocurrency users to buy, sell, send, or receive crypto easily
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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