About Damex
Damex is a company based in Gibraltar (Gibraltar) founded in 2020.. Damex offers products and services including International Stablecoin Payments, eOTC Trading Portal, API-Driven Infrastructure, and Crypto Batch Payments. Damex operates in a competitive market with competitors including Wirex, Shakepay, Intellabridge, Plutus and DolarApp, among others.
- Headquarter Gibraltar, Gibraltar
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Sectors
Financial Services
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$50 K (USD), Token Sale
Apr 20, 2023
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Investors
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Employee Count
Employee Count
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Products & Services of Damex
Damex offers a comprehensive portfolio of products and services, including International Stablecoin Payments, eOTC Trading Portal, API-Driven Infrastructure, and Crypto Batch Payments. 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.
Enables faster global remittances using stablecoins.
Facilitates self-managed crypto trades and treasury oversight.
Supports seamless crypto payment and financial reporting integration.
Handles bulk crypto payments for business operations.
Funding Insights of Damex
- Total Funding Total Funding
- Total Rounds 1
- Last Round Token Sale — $50,000
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First Round
First Round
(20 Apr 2023)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2023 | Amount | Token Sale - Damex | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Damex
| 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 - Damex
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Damex Comparisons
Competitors of Damex
Damex 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 Wirex, Shakepay, Intellabridge, Plutus and DolarApp, 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 |
App-based wallet for cryptocurrencies and traditional currencies is provided.
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| domain | founded_year | HQ Location |
Cryptocurrencies are exchanged via a mobile app platform.
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| domain | founded_year | HQ Location |
Blockchain protocols for financial applications are developed and provided.
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| domain | founded_year | HQ Location |
Bitcoin is converted to fiat for contactless mobile payments worldwide.
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| domain | founded_year | HQ Location |
Currency exchange is facilitated via an internet-first platform.
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| domain | founded_year | HQ Location |
Provider of web3-based financial infrastructure
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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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Latest news on Damex
Frequently Asked Questions about Damex
When was Damex founded?
Damex was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Where is Damex located?
Damex is headquartered in Gibraltar, Gibraltar.
What does Damex do?
Damex was established in 2020 in Gibraltar, focusing on the fintech sector. Debit cards are issued to enable cryptocurrency transactions in everyday spending. Operations involve bridging digital assets with traditional payment networks, supporting conversions for purchases and withdrawals. Services are centered on secure, user-friendly access to crypto funds through physical and virtual cards. The company operates from Gibraltar, serving global users in the cryptocurrency space.
What products or services does Damex offer?
Damex offers International Stablecoin Payments, eOTC Trading Portal, API-Driven Infrastructure, and Crypto Batch Payments.
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