About Dank Bank
Dank Bank is a Technology company based in New York (United States) founded in 2021 by Prez Thomas. It operates as a NFT-based trading platform for memes. It operates in the Technology and Financial Services sectors. Dank Bank has raised $4.21 million across 1 funding round from investors including Mechanism Capital, Samsung NEXT and Balaji Srinivasan. Dank Bank offers products and services including NFT Trading Platform and Minting Service. Its focus areas include FinTech, Non Fungible Tokens, Collectibles and Memes. Its competitors include Meme, Openmeme, WOOF Solana, AI Meme and SmileStacks and 2 more; 1 of its 7 listed competitors has raised funding.
Company details
Dank Bank was founded in 2021 in New York, United States. An NFT-based platform is operated for trading memes and other digital collectibles, such as iconic internet moments. Services include buying, selling, and minting non-fungible tokens. The focus remains on blockchain-enabled exchanges within the cryptocurrency and digital assets sector.
- Headquarters New York, United States
- Founders Prez Thomas
- SectorsTechnologyFinancial Services
- Website dankbank.co
- Social LinkedIn X
- Total Equity Funding$4.21M (USD)
in 1 rounds
- Latest Funding Round$4.21M (USD), Seed
Apr 2022
- InvestorsMechanism Capital
& 6 more
Products & Services of Dank Bank
Dank Bank offers a comprehensive portfolio of products and services, including NFT Trading Platform and Minting Service.
Service for trading fractional NFTs of iconic internet memes.
Tool for artists to mint and sell authentic meme NFTs online.
Funding Insights of Dank Bank
Dank Bank has successfully raised a total of $4.21M through 1 strategic funding round. The most recent funding activity was a Seed round of $4.21 million completed in April 2022. 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 $4.21M
- Total Rounds 1
- Last Round Seed — $4.21M
- First Round $4.21M
(Apr 2022)
- Investors Count 7
All 1 funding rounds of Dank Bank with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2022 | $4.21M | Seed | – | – |
7 investors in total: 6 institutional and 1 angel.
Investors in Dank Bank
Dank Bank has secured backing from 7 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Mechanism Capital, Samsung NEXT and Balaji Srinivasan.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund investing in early-stage tech startups | – | samsungnext.com | Berlin, Germany | |
Morningstar Ventures is engaged in digital asset and blockchain investments. | – | morningstar.ventures | Dubai, United Arab Emirates | |
Blockchain development services are provided by Mechanism Capital to clients. | – | mechanism.capital | - | |
- | – | starrynight.capital | - | |
Blockchain and cryptocurrency development services are provided by Kyros. | – | kyros.ventures | Ho Chi Minh City, Vietnam | |
BS Balaji Srinivasan | - | – | unknown_ba2a4a538a3c49989 | - |
- | – | cryptopathic.tcc.mode | - |
Investor details for Dank Bank
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People of Dank Bank
2 people are tracked at Dank Bank (2 in leadership).
| Name | Role | Group |
|---|---|---|
Prez Thomas | Co-Founder | Leadership |
Harry Jones | Founder | Leadership |
Complete people profiles for Dank Bank
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Timeline of Dank Bank
2 dated milestones of Dank Bank across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Dank Bank is founded.
- Funding First funding round of $4.2M.
Competitors of Dank Bank
Dank Bank has 7 listed competitors in our database, 1 of them funded. They include Meme, Openmeme, WOOF Solana, AI Meme and SmileStacks, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| meme.com | 2021 | Malmo, Sweden | $5M | – | Memes are discovered, tokenized, and monetized via blockchain platform. | |
| openmeme.io | 2021 | – | – | – | Collectible meme NFTs are minted and traded online. | |
| woofsolana.io | 2021 | – | – | – | Reviews leading cryptocurrency-based online casinos and their features in the UK. | |
| aimeme.ai | 2023 | London, United Kingdom | – | – | An AI-based platform providing cryptocurrency tokens and NFT collectibles. | |
| smilestackai.com | 2023 | – | – | – | Meme-based cryptocurrency platform is operated for community rewards. | |
| shibavax.io | 2021 | France | – | – | SHIBAVAX offers a fair launch meme coin with transaction rewards for holders. | |
| rare-pepe.com | 2015 | United States | – | – | Online platform for collecting, viewing, and submitting Rare Pepe memes and images. |
Detailed competitors of Dank Bank
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Top companies in Investment & Financial Technology
10 companies that operate in the same segment as Dank Bank (Investment & Financial Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.73 B | USD 2.98 B | 2,300 | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | – | |
Online social trading platform for cryptocurrency, stocks, ETFs, and CFDs | 2007 | Tel Aviv, Israel | USD 422.94 M | USD 925.73 M | – | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | – | – | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 | |
App-based automated investment and retirement planning platform | 2010 | New York, New York, United States | USD 335 M | – | – | |
Money Forward is engaged in providing financial technology solutions. | 2012 | Minato, Tokyo, Japan | USD 42.9 M | USD 322.51 M | 2,600 | |
Wealth management solutions are delivered for investment advisors. | 2009 | Mountain View, California, United States | USD 759.1 M | – | – |
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Related news about Dank Bank
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Frequently Asked Questions about Dank Bank
Dank Bank was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Dank Bank is headquartered in New York, United States. It is registered at New York, New York, United States.
Dank Bank is a funded company, having raised a total of $4.21M across 1 funding round to date. The company's 1st funding round was a Seed of $4.21M, raised on Apr 2022.
Dank Bank was founded in 2021 in New York, United States. An NFT-based platform is operated for trading memes and other digital collectibles, such as iconic internet moments. Services include buying, selling, and minting non-fungible tokens. The focus remains on blockchain-enabled exchanges within the cryptocurrency and digital assets sector.
Dank Bank's top competitors include Meme, SmileStacks and Openmeme.
Dank Bank offers NFT Trading Platform and Minting Service.
Dank Bank has 7 investors. Key investors include Mechanism Capital, Samsung NEXT, Balaji Srinivasan, Morningstar Ventures, and starrynight.capital.