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.
- Total Equity Funding$3.45M (USD)
in 3 rounds
- Latest Funding Round$3.2M (USD), Seed
Dec 2023
- InvestorsMerit Circle
& 3 more
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 $3.45M
- Total Rounds 3
- Last Round Seed — $3.2M
- Investors Count 4
All 3 funding rounds of Fyde 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 |
|---|---|---|---|---|---|
| Dec 2023 | $3.2M | Seed | – | OP Crypto | |
| Feb 2023 | $250,000 | Seed | – | Merit Circle | – |
| Sep 2022 | – | Seed | – | OP Crypto | – |
4 investors in total: 4 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Blockchain startups are targeted for investments by OP Crypto. | 2021 | opcrypto.vc | New York, United States | |
Venture capital firm focused on digital assets and web3 | – | arringtoncapital.com | Seattle, United States | |
Early-stage investments in blockchain technology are facilitated by Big Brain Holdings. | – | bigbrain.holdings | - | |
Developer of metaverse PC based games | 2021 | meritcircle.io | Amsterdam, Netherlands |
Investor details for Fyde
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 Fyde
5 people are tracked at Fyde (3 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Bo Zhang | Co-Founder | Leadership |
Carlos Noe S | Co-Founder | Leadership |
Behrin Naidoo | Co-Founder | Leadership |
Timo Neumann | Blockchain Engineer (solidity & Rust) | Team |
Rohan S. | Token Engineering | Team |
Complete people profiles for Fyde
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 Fyde
3 dated milestones of Fyde across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Fyde is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $3.2M.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bitwave.io | 2019 | San Francisco, United States | $22.25M | 5 | Accounting solutions for crypocurrencies | |
| gilded.finance | 2018 | New Orleans, United States | – | – | Accounting and payment solutions are provided for crypto businesses. | |
| multis.com | 2019 | San Francisco, United States | $9.2M | – | Cryptocurrency treasury management software for businesses | |
| magna.so | 2022 | New York, United States | $15.33M | – | Digital asset management solutions are provided for blockchain entities. | |
| consola.finance | 2022 | Vienna, Austria | $1.1M | – | Automated crypto bookkeeping and reporting services are provided. | |
| coinshift.xyz | 2021 | Wyoming, United States | $17.5M | – | Crypto treasury management is provided for DAOs and businesses. | |
| integral.xyz | 2016 | Toronto, Canada | $17M | – | Software tools for financial management are offered to crypto businesses. | |
| aerial-p.com | 2016 | Minato, Japan | $1.62M | – | Cryptocurrency accounting software and taxation solutions are offered. |
Detailed competitors of Fyde
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.
Web traffic of Fyde
The website of Fyde (fyde.fi) receives about 2.1K visits a month.
- Monthly visits2.1K
▲ 888.1% vs previous month
Latest news on Fyde
Complete news archive for Fyde
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.
Similar companies to Fyde
10 companies that operate in the same segment as Fyde (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 | – | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | – | |
App-based platform for exchange and trading solutions for cryptocurrency | 2011 | London, England, United Kingdom | USD 700 M | – | – | |
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, France | USD 575.4 M | – | – | |
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 | 3,770 | |
Cryptocurrencies are traded and exchanged through an online platform. | 2014 | Mexico City, Mexico | USD 331.35 M | – | – | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | – | 85 | |
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
Frequently Asked Questions about Fyde
Fyde was founded in 2022.
Fyde is headquartered in Tortola, British Virgin Islands.
Fyde is a funded company, having raised a total of $3.45M across 3 funding rounds to date.
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.
Fyde has 4 investors. Key investors include Merit Circle, OP Crypto, Arrington Capital, and Big Brain Holdings.