About Fyde
Fyde is a company based in Tortola (British Virgin Islands) founded in 2022 by Bo Zhang, Carlos Noe S, and Behrin Naidoo.. Fyde has raised $3.45 million across 3 funding rounds from investors including Merit Circle, OP Crypto and Arrington Capital. Fyde operates in a competitive market with competitors including Bitwave, Gilded, Multis, Magna and consola.finance, among others.
- Headquarter Tortola, British Virgin Islands
- Founders Bo Zhang, Carlos Noe S, Behrin Naidoo
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Sectors
Financial ServicesTechnology
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Email
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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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Total Equity Funding
$3.45 M (USD)
in 3 rounds
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Latest Funding Round
$3.2 M (USD), Seed
Dec 19, 2023
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Investors
Merit Circle
& 3 more
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Employee Count
Employee Count
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Funding Insights of Fyde
Fyde has successfully raised a total of $3.45M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $3.2 million completed in December 2023. 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 Total Funding
- Total Rounds 3
- Last Round Seed — $3.2M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Seed - Fyde | Valuation | OP Crypto | |
| Feb, 2023 | Amount | Seed - Fyde | Valuation | Merit Circle |
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| Sep, 2022 | Amount | Seed - Fyde | Valuation | OP Crypto |
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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 |
Investors in Fyde
Fyde has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Merit Circle, OP Crypto and Arrington Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Blockchain startups are targeted for investments by OP Crypto.
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Founded Year | Domain | Location | |
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Venture capital firm focused on digital assets and web3
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Founded Year | Domain | Location | |
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Early-stage investments in blockchain technology are facilitated by Big Brain Holdings.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Fyde
| 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 - Fyde
| 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 |
Fyde Comparisons
Competitors of Fyde
Fyde 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 Bitwave, Gilded, Multis, Magna and consola.finance, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Accounting solutions for crypocurrencies
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| domain | founded_year | HQ Location |
Accounting and payment solutions are provided for crypto businesses.
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| domain | founded_year | HQ Location |
Cryptocurrency treasury management software for businesses
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| domain | founded_year | HQ Location |
Digital asset management solutions are provided for blockchain entities.
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| domain | founded_year | HQ Location |
Automated crypto bookkeeping and reporting services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Fyde
Frequently Asked Questions about Fyde
When was Fyde founded?
Fyde was founded in 2022.
Where is Fyde located?
Fyde is headquartered in Tortola, British Virgin Islands.
Is Fyde a funded company?
Fyde is a funded company, having raised a total of $3.45M across 3 funding rounds to date.
What does Fyde do?
Detailed insights into Fydes activities or sectors are not provided. No specific information regarding solutions or services is available on the site. The scope of operations remains unclear based on the content extracted.
Who are Fyde's investors?
Fyde has 4 investors. Key investors include Merit Circle, OP Crypto, Arrington Capital, and Big Brain Holdings.
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