About Converco
Converco is a company based in Singapore (Singapore) founded in 2019. It operates as a D2C, and B2B. Converco offers products and services including Exchange Platform, Digital Wallet, and Virtual Card. Converco operates in a competitive market with competitors including dtcpay, PEXX, CoinPip, Chynge and Vodi X, among others.
- Headquarter Singapore, Singapore
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Converco Pte. Ltd.
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Annual Revenue
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Net Profit
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Latest Funding Round
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Products & Services of Converco
Converco offers a comprehensive portfolio of products and services, including Exchange Platform, Digital Wallet, and Virtual Card. 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.
Platform for buying, selling, and swapping digital assets securely.
Secure storage and management of cryptocurrencies and fiat currencies.
Virtual card for worldwide transactions and cash withdrawals.
Funding Insights of Converco
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Converco
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Converco
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Converco Comparisons
Competitors of Converco
Converco 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 dtcpay, PEXX, CoinPip, Chynge and Vodi X, 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 |
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| domain | founded_year | HQ Location |
Diversified payment acceptance solution for businesses
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| domain | founded_year | HQ Location |
Cross-border remittances are enabled via stablecoins for individuals and businesses.
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| domain | founded_year | HQ Location |
Bitcoin-based salary remittances are enabled for international employees and freelancers.
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| domain | founded_year | HQ Location |
Digital payments are provided instantly, freely, and safely by Chynge.
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| domain | founded_year | HQ Location |
Blockchain-enabled wallets and decentralized ecosystems are provided for consumers.
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| domain | founded_year | HQ Location |
Foreign currency exchange services are offered online for travelers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Converco
When was Converco founded?
Converco was founded in 2019.
Where is Converco located?
Converco is headquartered in Singapore, Singapore.
What does Converco do?
Converco is a digital financial platform that uses blockchain technology to enable instant, secure exchanges of cryptocurrencies and fiat currencies worldwide. It provides services like buying, selling, and storing assets, earning interest, and global payments. Based in Singapore with operations in Indonesia and the Philippines, it serves individual and corporate clients through mobile apps and web interfaces, ensuring low-cost transactions and 247 support.
Who are the top competitors of Converco?
Converco's top competitors include dtcpay, PEXX and Thin Margin.
What products or services does Converco offer?
Converco offers Exchange Platform, Digital Wallet, and Virtual Card.