About BoomFi
BoomFi is a Financial Services company based in London (United Kingdom) founded in 2023 by Michael Si and Jack Tang. Provider of mobile application for data saving mode, APN, reset password, and other VAS services. BoomFi has raised $3.8 million across 1 funding round from investors including Mantle Network, White Star Capital and Passion Capital. Its chief executive, as recorded, is Jack Tang. Its website boomfi.xyz draws about 36 thousand monthly visits. BoomFi offers products and services including Paylinks, Crypto Ramp, Checkout, Subscriptions, and Crypto OTC. Its focus areas include FinTech, Cryptocurrencies, Payments and Diversified. Its legal entity is BOOMFI LTD.
Company details
BoomFi was founded in 2023 and is headquartered in London, United Kingdom. Mobile applications are developed by the company to deliver value-added services (VAS) in the telecommunications sector. These include data saving modes, APN configurations, password reset options, and other related functionalities. Operations focus on enhancing user connectivity and service accessibility through digital tools.
- Headquarters London, United Kingdom
- Founders Michael Si, Jack Tang
- SectorsFinancial Services
- Website category Finance · Investing
- Website boomfi.xyz
- Social LinkedIn X
- Legal Name Boomfi Ltd
- Date of Incorporation 03 Nov, 2022
- Jurisdiction LONDON, ENGLAND
- Total Equity Funding$3.8M (USD)
in 1 rounds
- Latest Funding Round$3.8M (USD), Seed
Jun 2023
- InvestorsMantle Network
& 6 more
Products & Services of BoomFi
BoomFi offers a comprehensive portfolio of products and services, including Paylinks, Crypto Ramp, Checkout, Subscriptions, and Crypto OTC.
Tool for creating and sharing secure crypto payment links.
Feature for buying and selling crypto directly on platforms.
Seamless crypto checkout for online transactions.
System for crypto-based subscription management.
Service for low-fee crypto exchanges with fast liquidity.
Funding Insights of BoomFi
BoomFi has successfully raised a total of $3.8M through 1 strategic funding round. The most recent funding activity was a Seed round of $3.8 million completed in June 2023. 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.
- Total Funding $3.8M
- Total Rounds 1
- Last Round Seed — $3.8M
- First Round $3.8M
(Jun 2023)
- Investors Count 7
All 1 funding rounds of BoomFi with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2023 | $3.8M | Seed | – | White Star Capital |
7 investors in total: 7 institutional.
Investors in BoomFi
BoomFi has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Mantle Network, White Star Capital and Passion Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A global technology investment platform operating in multiple cities with a focus on venture and digital asset funds. | whitestarcapital.com | |||
Tech focused Early stage VC Firm investing in Europe and the UK | passioncapital.com | London, United Kingdom | ||
Blockchain startups are supported by a venture capital-backed startup studio. | blockchainff.com | Singapore, Singapore | ||
| krakenventures.com | ||||
Venture capital investments are offered by Informed Ventures. | gsrventuresus.com | Menlo Park, United States | ||
Offers crypto solutions for banks, enterprises, and trading platforms globally. | 2018 | aquanow.io | Vancouver, Canada | |
Decentralized platform offering blockchain infrastructure solutions | 2019 | mantle.xyz | Panama City, Panama |
Investor details for BoomFi
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of BoomFi
5 people are tracked at BoomFi (2 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
Michael Si | Co-Founder | Leadership |
Jack Tang | Co-Founder & CEO | Leadership |
Nakul Kapoor | Lead Engineer | Team |
Minhaj Ul Abidin | Senior Software Engineer | Team |
Falola Oluwaseyi | Product Design Lead | Team |
Complete people profiles for BoomFi
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of BoomFi
2 dated milestones of BoomFi, from founding to its latest funding, stage changes and deals.
- Founded BoomFi is founded.
- Funding First funding round of $3.8M.
Web traffic of BoomFi
The website of BoomFi (boomfi.xyz) receives about 36.5K visits a month and ranks #878,149 among all websites worldwide, #8,145 in Investing.
- Monthly visits36.5K
▲ 15% vs previous month
- Unique visitors14.1K
per month
- Global rank#878,149
among all websites
- Category rank#8,145
Finance · Investing
- Bounce rate43%
- Pages per visit2.2
- Average visit1 min 11 sec
- DevicesDesktop 29% · Mobile 71%
Websites whose visitors overlap most with BoomFi. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| itez.com | 100% | 70.9K | #580,396 | View details | |
| swapin.com | 100% | 22.9K | #1,211,783 | View details | |
| exmo.com | 73% | 92.4K | #419,029 | View details | |
| copperx.io | 60% | 680.7K | #226,512 | View details | |
| loopcrypto.xyz | 60% | 3.6K | #4,687,902 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 13 similar websites and full traffic analytics for BoomFi
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 13 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Cryptocurrencies
3 companies that operate in the same segment as BoomFi (Cryptocurrencies) in United Kingdom, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based platform for exchange and trading solutions for cryptocurrency | 2011 | London, England, United Kingdom | USD 700 M | 1,212 | ||
App-based wallet and exchange platform for cross-border money transfers | 2013 | London, England, United Kingdom | USD 73.36 M | |||
Mobile app for storing and trading cryptocurrencies is utilized. | 2013 | London, England, United Kingdom | USD 13 M |
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Related news about Boomfi
Complete news archive for BoomFi
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Frequently Asked Questions about BoomFi
BoomFi was founded in 2023.
BoomFi is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Jack Tang is the CEO of BoomFi, as recorded in our data. They have also founded this company.
BoomFi is a funded company, having raised a total of $3.8M across 1 funding round to date. The company's 1st funding round was a Seed of $3.8M, raised on Jun 2023.
BoomFi was founded in 2023 and is headquartered in London, United Kingdom. Mobile applications are developed by the company to deliver value-added services (VAS) in the telecommunications sector. These include data saving modes, APN configurations, password reset options, and other related functionalities. Operations focus on enhancing user connectivity and service accessibility through digital tools.
BoomFi offers Paylinks, Crypto Ramp, Checkout, Subscriptions, and Crypto OTC.
BoomFi has 7 investors. Key investors include Mantle Network, White Star Capital, Passion Capital, Blockchain Founders Fund, and Kraken Ventures.
BoomFi operates through Boomfi Ltd.