About FlyCoin
FlyCoin is a Financial Services company based in Pomona (United States) founded in 2021. It operates as an ethereum-based crypto token enables global loyalty rewards transfers. FlyCoin has raised $33 million across 1 funding round from investors including Josh Jones, TenOneTen Ventures and 8VC. Its chief executive is Lenny Moon. Its focus areas include FinTech, Cryptocurrencies, Coins and General Purpose. Its competitors include Beldex, Saitama, U2U Network, TYB and Remint and 2 more; 5 of its 7 listed competitors have raised funding.
Company details
FlyCoin was founded in 2021 in Pomona, United States, as a cryptocurrency token on the Ethereum blockchain. It functions within the blockchain and fintech sector, serving as a global rewards program. Operations focus on addressing limitations in traditional loyalty systems, such as expiration dates and non-transferability, through permissionless exchanges and transfers. Services target travelers, facilitating entry into cryptocurrency without financial risk, while supporting point conversions to various assets.
- Headquarters Pomona, United States
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website flycoin.org
- Social LinkedIn X Facebook Instagram
- Total Equity Funding$33M (USD)
in 1 rounds
- Latest Funding Round$33M (USD), Seed
Feb 2022
- InvestorsTenOneTen Ventures
& 6 more
Funding Insights of FlyCoin
FlyCoin has successfully raised a total of $33M through 1 strategic funding round. The most recent funding activity was a Seed round of $33 million completed in February 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 $33M
- Total Rounds 1
- Last Round Seed — $33M
- First Round $33M
(Feb 2022)
- Investors Count 7
All 1 funding rounds of FlyCoin 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 |
|---|---|---|---|---|---|
| Feb 2022 | $33M | Seed | – | Josh Jones |
7 investors in total: 4 institutional and 3 angel.
Investors in FlyCoin
FlyCoin has secured backing from 7 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Josh Jones, TenOneTen Ventures and 8VC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in technology, life sciences, and related sectors. | – | 8vc.com | - | |
Venture capital fund focused on seed-stage investment in multiple sectors | – | liquid2.vc | San Francisco, United States | |
Venture capital investing with a focus on diversity and inclusion in the ecosystem. | – | gaingels.com | - | |
Early-stage investments are provided to technical teams by TenOneTen Ventures. | – | tenoneten.net | - | |
JJ Josh Jones | Indian angel investor focusing on early-stage tech startups. | – | unknown_a30667bd2b544cfa8 | - |
BF Bill Foley | Indian angel investor, active in tech startups, limited public data available. | – | unknown_9b8cca6c598e49ca8 | - |
MB Michael Blend | Angel investor, founder of Systemiq Capital, focused on climate tech | – | unknown_a7de40903d394daaa | - |
Investor details for FlyCoin
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of FlyCoin
6 people are tracked at FlyCoin (3 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
Lenny Moon | CEO | Leadership |
Tom Hsieh | President | Leadership |
Nate Daiger | CTO | Leadership |
Kimberly Jones | Development Team | Team |
Andrew S. | Lead Software Developer | Team |
Christopher Harry | System Analyst | Team |
Complete people profiles for FlyCoin
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of FlyCoin
2 dated milestones of FlyCoin across 1 years, from founding to its latest funding, stage changes and deals.
- Founded FlyCoin is founded.
- Funding First funding round of $33.0M.
Competitors of FlyCoin
FlyCoin has 7 listed competitors in our database, 5 of them funded. They include Beldex, Saitama, U2U Network, TYB and Remint, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| beldex.io | 2017 | Kuala Lumpur, Malaysia | $28M | – | Blockchain ecosystem with zero-knowledge proofs for DApps is provided. | |
| saitamatoken.com | 2021 | Boston, United States | – | – | Digital currency platforms for financial management and education are offered. | |
| u2u.xyz | 2019 | Hanoi, Vietnam | $13.8M | – | Decentralized data platform | |
| tyb.xyz | 2021 | Tucson, United States | $20.8M | – | A community rewards platform for brand engagement is operated. | |
| remintapp.com | 2021 | Stockholm, Sweden | – | – | A digital currency focused on the real estate market for users. | |
| digibyte.org | 2013 | Iasi, Romania | $250,000 | – | Blockchain platform for asset creation and transaction relaying is maintained. | |
| nvg8.io | 2022 | Singapore | $7.63M | – | Utility tokens are provided for exchanging digital assets. |
Detailed competitors of FlyCoin
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Cryptocurrencies
10 companies that operate in the same segment as FlyCoin (Cryptocurrencies), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cross-border cryptocurrency payments for businesses are enabled through APIs. | 2013 | Boston, Massachusetts, United States | USD 1.51 B | USD 2.75 B | 1,533 | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | 14,747 | |
App-based platform for exchange and trading solutions for cryptocurrency | 2011 | London, England, United Kingdom | USD 700 M | – | 1,212 | |
Terraform Labs is engaged in blockchain technology development. | 2018 | Singapore, Singapore | USD 57 M | – | – | |
Ledger is recognized for providing secure cryptocurrency hardware wallets. | 2014 | Paris, Ile de France, France | USD 575.4 M | – | 802 | |
App-based wallet and exchange platform for cross-border money transfers | 2013 | London, England, United Kingdom | USD 73.36 M | – | – | |
Cryptocurrency trading, storage, and exchange services are offered online. | 2012 | San Francisco, California, United States | USD 546.62 M | USD 7.18 B | 7,025 | |
Cryptocurrencies are traded and exchanged through an online platform. | 2014 | Mexico City, Mexico City, Mexico | USD 331.35 M | – | 884 | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | – | 217 | |
Mobile app for storing and trading cryptocurrencies is utilized. | 2013 | London, England, United Kingdom | USD 13 M | – | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Flycoin
Complete news archive for FlyCoin
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about FlyCoin
FlyCoin was founded in 2021 and raised its 1st funding round 1 year after it was founded.
FlyCoin is headquartered in Pomona, United States. It is registered at Pomona, California, United States.
Lenny Moon is the current CEO of FlyCoin.
FlyCoin is a funded company, having raised a total of $33M across 1 funding round to date. The company's 1st funding round was a Seed of $33M, raised on Feb 2022.
FlyCoin was founded in 2021 in Pomona, United States, as a cryptocurrency token on the Ethereum blockchain. It functions within the blockchain and fintech sector, serving as a global rewards program. Operations focus on addressing limitations in traditional loyalty systems, such as expiration dates and non-transferability, through permissionless exchanges and transfers. Services target travelers, facilitating entry into cryptocurrency without financial risk, while supporting point conversions to various assets.
FlyCoin's top competitors include U2U Network, TYB and Beldex.
FlyCoin has 7 investors. Key investors include Josh Jones, TenOneTen Ventures, 8VC, Liquid 2 Ventures, and Gaingels.