Buenbit

Vicente Lopez, Argentina Founded: 2013 • Age: 13 yrs Acquired By Nexo
Cryptocurrencies are bought, sold, and exchanged on an online platform.
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About Buenbit

Buenbit is a company based in Vicente Lopez (Argentina) founded in 2013 by Federico Ogue was acquired by Nexo in December 2025.. Buenbit has raised $11 million across 1 funding round from investors including Galaxy, Nexo and FJ Labs. Buenbit offers products and services including Buenbit App and Tarjeta Buenbit. Buenbit operates in a competitive market with competitors including Consensys, Luno, Uphold, Coins.ph and BlockFi, among others.

  • Headquarter Vicente Lopez, Argentina
  • Founders Federico Ogue
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Oware Sas
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $11 M (USD)

    in 1 rounds

  • Latest Funding Round
    $11 M (USD), Series A

    Jul 12, 2021

  • Investors
    Galaxy

    & 4 more

  • Employee Count
    Employee Count
  • Acquired by
    Nexo

    (Dec 11, 2025)

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Products & Services of Buenbit

Buenbit offers a comprehensive portfolio of products and services, including Buenbit App and Tarjeta Buenbit. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

App for trading and investing in cryptocurrencies securely.

Virtual Mastercard for converting crypto to payments worldwide.

People of Buenbit
Headcount 50-200
Employee Profiles 44
Employee Profiles
People
Lavi Solanki
Project Development Manager
People
Agustin Rubinstein
Treasury And Payments Manager
People
Belén Astelarra
Legal Specialist
People
Jeronimo Monti
CS Agents Lead

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Funding Insights of Buenbit

Buenbit has successfully raised a total of $11M through 1 strategic funding round. The most recent funding activity was a Series A round of $11 million completed in July 2021. 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
  • Total Rounds 1
  • Last Round Series A — $11.0M
  • First Round

    (12 Jul 2021)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Series A - Buenbit Valuation Libertus Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Buenbit

Buenbit has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Galaxy, Nexo and FJ Labs. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage blockchain investments are managed by Libertus Capital.
Founded Year Domain Location
Venture capital firm focused on marketplaces, gaming, web3, fintech, and multiple sectors
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Buenbit

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Buenbit

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Buenbit Comparisons

Employees
+
Add Comparison
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Competitors of Buenbit

Buenbit 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 Consensys, Luno, Uphold, Coins.ph and BlockFi, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Developer of blockchain and web3 software platform
domain founded_year HQ Location
Mobile app for storing and trading cryptocurrencies is utilized.
domain founded_year HQ Location
App-based wallet and exchange platform for cross-border money transfers
domain founded_year HQ Location
Digital wallet for Bitcoin assets
domain founded_year HQ Location
Crypto trading, loans, interest accounts, and wallets are offered online.
domain founded_year HQ Location
App-based trading and deposit solutions for cryptocurrency are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Buenbit

Frequently Asked Questions about Buenbit

When was Buenbit founded?

Buenbit was founded in 2013 and raised its 1st funding round 8 years after it was founded.

Where is Buenbit located?

Buenbit is headquartered in Vicente Lopez, Argentina. It is registered at Vicente Lopez, Buenos Aires, Argentina.

Who is the current CEO of Buenbit?

Federico Ogue is the current CEO of Buenbit. They have also founded this company.

Is Buenbit a funded company?

Buenbit is a funded company, having raised a total of $11M across 1 funding round to date. The company's 1st funding round was a Series A of $11M, raised on Jul 12, 2021.

What does Buenbit do?

Buenbit was founded in 2013 in Vicente Lopez, Argentina, and functions within the cryptocurrency sector as an exchange platform. Bitcoins and other digital assets are traded by users through secure online interfaces. Access to trade history, live pricing, and market analytics is granted. Investment options and brokerage assistance for cryptocurrencies are extended to participants across the region.

Who are the top competitors of Buenbit?

Buenbit's top competitors include Uphold, Luno and Consensys.

What products or services does Buenbit offer?

Buenbit offers Buenbit App and Tarjeta Buenbit.

Who are Buenbit's investors?

Buenbit has 5 investors. Key investors include Galaxy, Nexo, FJ Labs, Libertus Capital, and Amaiya Management.

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