bitFlyer

Chiba, Japan Founded: 2014 • Age: 12 yrs Acquired By ACA Group
Bitcoin is bought, sold, and traded via an online platform.
Annual revenue - Latest available
Total funding $36.6M 7 rounds
Employees 15 Tracked headcount
Investors 16 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About bitFlyer

bitFlyer is a company based in Chiba (Japan) founded in 2014 by Yoshio Hirako, Takafumi Komiyama, and Yuzo Kano was acquired by ACA Group in April 2022. bitFlyer has raised $36.61 million across 7 funding rounds from investors including SMFG, Digital Currency Group and ACA Group. The company has 15 employees as of December 31, 2022. bitFlyer has completed 1 acquisition, including Liquid. bitFlyer offers products and services including bitFlyer Exchange, Recurring Buy, and Deposit with PayPal. bitFlyer operates in a competitive market with competitors including Coinsquare, Kraken, KuCoin, Bitso and Coinbase, among others.

  • Headquarter Chiba, Japan
  • Employees 15 as on 31 Dec, 2022
  • Founders Yoshio Hirako, Takafumi Komiyama, Yuzo Kano
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Bitflyer Usa, Inc.
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $36.61 M (USD)

    in 7 rounds

  • Latest Funding Round
    $1.75 M (USD), Series C

    Feb 15, 2017

  • Investors
    SMFG

    & 15 more

  • Employee Count
    15

    as on Dec 31, 2022

  • Investments & Acquisitions
  • Acquired by
    ACA Group

    (Apr 02, 2022)

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Products & Services of bitFlyer

bitFlyer offers a comprehensive portfolio of products and services, including bitFlyer Exchange, Recurring Buy, and Deposit with PayPal.

Product name locked
Category locked
Primary

Secure platform for buying and selling cryptocurrencies with low fees.

Product name locked
Category locked
Locked

Automated system for scheduled crypto purchases and portfolio growth.

Product name locked
Category locked
Locked

Easy EUR deposit method using PayPal for funding accounts.

People of bitFlyer

Headcount 50-200
Employee Profiles 12
Board Members and Advisors 4
Employee Profiles
People
Tokio Itakura
Auditing Committee Director
People
Masaaki Seki
President
People
Osamu Higuchi
Auditing Committee Director
People
Joel Edgerton
Director

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Funding Insights of bitFlyer

bitFlyer has successfully raised a total of $36.61M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $1.75 million completed in February 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in bitFlyer

bitFlyer has secured backing from 16 investors, including institutional and venture fund investors. Prominent investors backing the company include SMFG, Digital Currency Group and ACA Group.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
-
Locked Locked Locked
Venture capital funds are managed to support unlisted companies' growth.
Locked Locked Locked
Venture capital is invested in AI, energy, and various sectors.
Locked Locked Locked
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Investor details for bitFlyer

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by bitFlyer

bitFlyer has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Liquid.

Investments
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Investment portfolio details for bitFlyer

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Digital assets are exchanged through an online platform.
Locked Locked 2014 Locked
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Complete acquisition details for bitFlyer

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  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - bitFlyer

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Detailed financials for bitFlyer

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  • Profit trends
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  • Financial ratios

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Bitflyer Comparisons

bitFlyer Primary company
Description
Bitcoin is bought, sold, and traded via an online platform.
Location
Chiba, Japan
Founded Year
2014
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
15
As of 2022
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Peer comparison for bitFlyer

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of bitFlyer

bitFlyer operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Coinsquare, Kraken, KuCoin, Bitso and Coinbase, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Digital assets are bought, sold, and traded on Coinsquare.
Locked Locked Locked
Provider of an app-based trading and exchange platform for cryptocurrency
Locked Locked Locked
Cryptocurrencies are bought, sold, and traded via this exchange platform.
Locked Locked Locked
Cryptocurrencies are traded and exchanged through an online platform.
Locked Locked Locked
Cryptocurrency trading, storage, and exchange services are offered online.
Locked Locked Locked
Online robo advisory and stock trading services are provided.
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Detailed competitors of bitFlyer

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Bitflyer

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Complete news archive for bitFlyer

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about bitFlyer

bitFlyer was founded in 2014.

bitFlyer is headquartered in Chiba, Japan. It is registered at Chiba, Chiba, Japan.

Yoshio Hirako is the current CEO of bitFlyer. They have also founded this company.

bitFlyer is a funded company, having raised a total of $36.61M across 7 funding rounds to date.

As of Dec 31, 2022, the latest employee count at bitFlyer is 15.

Founded in 2014 in Chiba, Japan, bitFlyer operates as an online platform in the cryptocurrency sector. Bitcoin transactions are enabled through encrypted networks, with services for buying, selling, and trading digital assets. A blockchain explorer is included for transaction tracking, alongside crowdfunding options for cryptocurrency investments. Operations focus on secure exchanges within the global crypto market.

bitFlyer's top competitors include Coinbase, Bitso and KuCoin.

bitFlyer offers bitFlyer Exchange, Recurring Buy, and Deposit with PayPal.

bitFlyer has made 1 acquisition, including Liquid.

bitFlyer has 16 investors. Key investors include SMFG, Digital Currency Group, ACA Group, MUFG Campus, and Mizuho.

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