About Bitmama
Bitmama is a company based in Lagos (Nigeria) founded in 2017. It operates as a FinTech and Commission-Based. Bitmama has raised $2 million across 3 funding rounds from investors including Angel List, Mercy Corps and Unicorn Growth Capital. Bitmama has completed 1 acquisition, including Payday. Bitmama offers products and services including Crypto Trading Platform and Crypto Cards. Bitmama operates in a competitive market with competitors including Gemini, FTX, Blockchain, Bitstamp and PDAX, among others.
- Headquarter Lagos, Nigeria
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Sectors
Financial Services
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$2 M (USD)
in 3 rounds
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Latest Funding Round
Not available
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Investors
Angel List
& 17 more
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Employee Count
Not available
- Investments & Acquisitions
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Products & Services of Bitmama
Bitmama offers a comprehensive portfolio of products and services, including Crypto Trading Platform and Crypto Cards.
Platform for buying and selling various cryptocurrencies easily.
Cards for spending crypto on global purchases seamlessly.
People of Bitmama
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Funding Insights of Bitmama
Bitmama has successfully raised a total of $2M across 3 strategic funding rounds. 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 Bitmama
Bitmama has secured backing from 18 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, Mercy Corps and Unicorn Growth Capital.
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Humanitarian services and impact investments are provided globally.
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Venture capital fund focused on tech companies
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Investor details for Bitmama
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Bitmama
Bitmama has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Payday.
Investment portfolio details for Bitmama
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Payday is recognized for offering global money transfer and virtual card services.
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Locked | Locked | 2021 | Locked |
Complete acquisition details for Bitmama
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
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- Domains and locations
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Financial Statements - Bitmama
Detailed financials for Bitmama
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
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Bitmama Comparisons
Peer comparison for Bitmama
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Competitors of Bitmama
Bitmama 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 Gemini, FTX, Blockchain, Bitstamp and PDAX, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Platform offering crypto exchange solutions
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Cryptocurrency trading is facilitated through an online platform.
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App-based platform for exchange and trading solutions for cryptocurrency
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Cryptocurrencies are bought, sold, and exchanged via a mobile app.
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Online exchange platform for cryptocurrencies
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Online platform for crypto exchange
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Detailed competitors of Bitmama
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Latest news on Bitmama
Complete news archive for Bitmama
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Frequently Asked Questions about Bitmama
Bitmama was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Bitmama is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
Bitmama is a funded company, having raised a total of $2M across 3 funding rounds to date.
Bitmama is established as a highly secure platform for trading cryptocurrencies such as Bitcoin, Ethereum, and Tether. Services are provided for buying, selling, and trading digital assets at competitive rates. Crypto cards are offered for global payments, enabling users to spend on international platforms and pay bills. Operations are conducted in partnership with licensed transmitters across various jurisdictions, ensuring compliance and transparency in financial transactions.
Bitmama's top competitors include Blockchain, Gemini and FTX.
Bitmama offers Crypto Trading Platform and Crypto Cards.
Bitmama has made 1 acquisition, including Payday.
Bitmama has 18 investors. Key investors include Angel List, Mercy Corps, Unicorn Growth Capital, Launch Africa, and Adaverse.