Coinify

Copenhagen, Denmark Founded: 2014 • Age: 12 yrs Acquired By Acesion Pharma
Crypto-based payment solution for consumers and businesses
Annual revenue - Latest available
Total funding $13.5M 5 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Coinify

Coinify is a company based in Copenhagen (Denmark) founded in 2014 by Mark Hojgaard was acquired by Acesion Pharma in August 2022. Coinify has raised $13.53 million across 5 funding rounds from investors including InvestVoyager, SEB and Acesion Pharma. Coinify has completed 4 acquisitions, including BIPS, BetterCoins and Bitcoin Nordic. Coinify offers products and services including Payment Solutions, Trade Solutions, and Corporate Trading. Coinify operates in a competitive market with competitors including Ripple, BitPay, IOTA, Zebec and RYVYL, among others.

  • Headquarter Copenhagen, Denmark
  • Founders Mark Hojgaard
  • Stage Minicorn
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
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
    $13.53 M (USD)

    in 5 rounds

  • Latest Funding Round
    $1.36 M (USD), Series A

    Aug 01, 2021

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
    BIPS

    & 3 more

  • Acquired by
    Acesion Pharma

    & 1 more

    (Aug 16, 2022)

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Products & Services of Coinify

Coinify offers a comprehensive portfolio of products and services, including Payment Solutions, Trade Solutions, and Corporate Trading.

Product name locked
Category locked
Primary

Enables businesses to accept crypto as payment securely.

Product name locked
Category locked
Locked

Facilitates cash-to-crypto exchanges for users and platforms.

Product name locked
Category locked
Locked

Offers trading widgets for exchanges and wallets integration.

People of Coinify

Headcount 50-200
Employee Profiles 4
Employee Profiles
People
Radu Teodorescu
Financial Operations Manager
People
Iben Colding Teglman
Co-CEO
People
Minghui Shan
Head of Finance & Operations

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Teams

Funding Insights of Coinify

Coinify has successfully raised a total of $13.53M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $1.36 million completed in August 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.

Investors in Coinify

Coinify has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include InvestVoyager, SEB and Acesion Pharma.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm backing Nordic tech startups from seed to Series A with investments in Consumer, Deep Tech, and related sectors.
Locked Locked Locked
Funding and support are provided to early-stage startups by Accelerace.
Locked Locked Locked
SEB is recognized as a leading Nordic corporate bank.
Locked Locked Locked
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Investor details for Coinify

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 Coinify

Coinify has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include BIPS, BetterCoins and Bitcoin Nordic.

Investments
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Investment portfolio details for Coinify

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
Bitcoin and Ethereum are traded via BetterCoins brokerage services.
Locked Locked 2017 Locked
Crypto payment solutions are offered to merchants and consumers.
Locked Locked 2014 Locked
Bitcoin exchange.
Locked Locked 2012 Locked
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Complete acquisition details for Coinify

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Coinify

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Detailed financials for Coinify

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  • Profit trends
  • Statement rows
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Coinify Comparisons

Coinify Primary company
Description
Crypto-based payment solution for consumers and businesses
Location
Copenhagen, Denmark
Founded Year
2014
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Coinify

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

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  • Headcount comparison
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Competitors of Coinify

Coinify 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 Ripple, BitPay, IOTA, Zebec and RYVYL, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Blockchain-based payment network for cross-border transfers is developed.
Locked Locked Locked
Crypto payments are managed via apps for users and merchants.
Locked Locked Locked
Decentralized infrastructure is developed for building and securing digital interactions.
Locked Locked Locked
Cryptocurrency payments and transactions are enabled through the platform.
Locked Locked Locked
Blockchain infrastructure is delivered for payments and banking solutions.
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Detailed competitors of Coinify

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

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Latest news on Coinify

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Complete news archive for Coinify

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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 Coinify

Coinify was founded in 2014.

Coinify is headquartered in Copenhagen, Denmark.

Mark Hojgaard is the current CEO of Coinify. They have also founded this company.

Coinify is a funded company, having raised a total of $13.53M across 5 funding rounds to date.

Coinify was founded in 2014 and is headquartered in Copenhagen, Denmark. Operations focus on the cryptocurrency payments sector, where virtual currency acceptance is enabled for businesses through integrated payment gateways. Services include API-based top-ups from multiple cryptocurrencies for card issuers and wallets, trading options for wallet partners, and invoicing systems for virtual currency transactions. These solutions support both consumer and business applications in a regulated environment.

Coinify's top competitors include Ripple, BitPay and IOTA.

Coinify offers Payment Solutions, Trade Solutions, and Corporate Trading.

Coinify has made 4 acquisitions, including BIPS, BetterCoins, and Bitcoin Nordic.

Coinify has 5 investors. Key investors include InvestVoyager, SEB, Acesion Pharma, Accelerace, and SEED Capital.

The valuation of Coinify is $42.9M as of May 2019.

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