Circle

Singapore, Singapore Founded: 2018 • Age: 8 yrs Acquired By Circle
Blockchain-based wallets for cryptocurrency and asset management are offered.
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About Circle

Circle is a company based in Singapore (Singapore) founded in 2018 was acquired by Circle in June 2022. It operates as a API-as-a-Product, Commission-Based, and FinTech. Circle has raised $4 million across 1 funding round from investors including Circle, 500 Global and New Economy Venture. Circle offers products and services including USDC, EURC, USYC, Circle Payments Network, and Arc. Circle operates in a competitive market with competitors including CertiK, Ledger, MetaMask, Edge App and SpiderOak, among others.

  • Headquarter Singapore, Singapore
  • Sectors
    Technology
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Circle Internet Financial, Llc
Operational Areas
Technology → Blockchain, Web3 & Digital Assets
Financial Services → FinTech & Digital Finance
Technology → Cybersecurity & Privacy Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $4 M (USD)

    in 1 rounds

  • Latest Funding Round
    $4 M (USD), Seed

    Jun 01, 2021

  • Investors
    Circle

    & 2 more

  • Employee Count
    Employee Count
  • Acquired by
    Circle

    (Jun 10, 2022)

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Products & Services of Circle

Circle offers a comprehensive portfolio of products and services, including USDC, EURC, USYC, Circle Payments Network, and Arc. 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

A regulated digital dollar for global transactions is provided.

A regulated digital euro for worldwide use is offered.

A tokenized money market fund is made available.

Global stablecoin-powered payments are facilitated through integration.

A blockchain for stablecoin finance is developed.

People of Circle
Headcount 10-50
Employee Profiles 11
Employee Profiles
People
Paul Fan
CEO & Co-Founder
People
Tim Hsu
CTO & Co-Founder
People
Ralph li
Senior Product Manager
People
Eva Hsu
Senior Software Engineer

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Funding Insights of Circle

Circle has successfully raised a total of $4M through 1 strategic funding round. The most recent funding activity was a Seed round of $4 million completed in June 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 Seed — $4.0M
  • First Round

    (01 Jun 2021)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2021 Amount Seed - Circle Valuation 500 Global , New Economy Venture
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 Circle

Circle has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Circle, 500 Global and New Economy Venture. 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
Venture capital and acceleration are provided to tech startups.
Founded Year Domain Location
-
Founded Year Domain Location
Cross-border cryptocurrency payments for businesses are enabled through APIs.
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 Circle

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 - Circle

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

Circle Comparisons

Employees
+
Add Comparison
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Competitors of Circle

Circle 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 CertiK, Ledger, MetaMask, Edge App and SpiderOak, 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
Online platform for blockchain and smart contract cybersecurity
domain founded_year HQ Location
Ledger is recognized for providing secure cryptocurrency hardware wallets.
domain founded_year HQ Location
Browser-based hot wallet for cryptocurrency management and transactions is provided.
domain founded_year HQ Location
Cryptocurrencies are stored and traded via a blockchain-based mobile wallet.
domain founded_year HQ Location
Enterprise file sharing is enabled through blockchain-based software.
domain founded_year HQ Location
Regulatory compliance solutions for cryptocurrency businesses are offered.
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.

Frequently Asked Questions about Circle

When was Circle founded?

Circle was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Where is Circle located?

Circle is headquartered in Singapore, Singapore.

Is Circle a funded company?

Circle is a funded company, having raised a total of $4M across 1 funding round to date. The company's 1st funding round was a Seed of $4M, raised on Jun 01, 2021.

What does Circle do?

Circle is established as a key player in the digital finance sector, focusing on stablecoin infrastructure with products like USDC and EURC. The company is involved in creating a seamless internet financial system, enabling near-instant, low-cost global transactions. Solutions are provided for payments, currency access, and trading services, connecting traditional finance with digital assets. Operations span across multiple regions, including the United States, European Union, and Asia, with a network supporting over 185 countries. Infrastructure is built to support financial institutions, developers, and businesses through enterprise-grade APIs and compliance-ready systems.

Who are the top competitors of Circle?

Circle's top competitors include Ledger, CertiK and MetaMask.

What products or services does Circle offer?

Circle offers USDC, EURC, USYC, Circle Payments Network, and Arc.

Who are Circle's investors?

Circle has 3 investors. Key investors include Circle, 500 Global, and New Economy Venture.

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