Bitso: Raises $62M in Funding

December 14, 2020

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Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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