About Koin
Koin is a company based in Sao Paulo (Brazil) founded in 2014 was acquired by Despegar in August 2020.. Koin has raised $11.85 million across 2 funding rounds from investors including Despegar and International Finance Corporation. Koin offers products and services including Pix Parcelado, Antifraude, and Koin Shop. Koin operates in a competitive market with competitors including Stripe, Flutterwave, PayU, Nuvei and PayJoy, among others.
- Headquarter Sao Paulo, Brazil
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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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- Legal Name Koin Adm. De Cartões E Meios De Pagamento S.A
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Products & Services of Koin
Koin offers a comprehensive portfolio of products and services, including Pix Parcelado, Antifraude, and Koin Shop. 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 installment payments via Pix without a credit card.
Offers fraud prevention for digital transactions.
Provides exclusive online shopping offers with installment options.
Funding Insights of Koin
Koin has successfully raised a total of $11.85M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $7.21 million completed in March 2024. 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 2
- Last Round Series B — $7.2M
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First Round
First Round
(09 Jan 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2024 | Amount | Series B - Koin | Valuation |
investors |
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| Jan, 2018 | Amount | Series A - Koin | Valuation | IFC |
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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 Koin
Koin has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Despegar and International Finance Corporation. 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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IFC is focused on private sector development in emerging markets.
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Multiple travel services are booked via an app-based platform.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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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 Koin
| 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 - Koin
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Koin Comparisons
Competitors of Koin
Koin 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 Stripe, Flutterwave, PayU, Nuvei and PayJoy, 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 |
Payment processing and card issuance solutions are provided for businesses.
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Provider of payment processing solutions for businesses
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| domain | founded_year | HQ Location |
Online payment processing and credit solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Payment processing solutions are delivered to merchants and businesses.
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| domain | founded_year | HQ Location |
Online platform for purchase financing
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| domain | founded_year | HQ Location |
Financial management for micro-businesses is handled via automated subscriptions.
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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 Koin
Frequently Asked Questions about Koin
When was Koin founded?
Koin was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Where is Koin located?
Koin is headquartered in Sao Paulo, Brazil.
Who is the current CEO of Koin?
Gabriel Lacombe is the current CEO of Koin.
Is Koin a funded company?
Koin is a funded company, having raised a total of $11.85M across 2 funding rounds to date. The company's 1st funding round was a Series A of $4.64M, raised on Jan 09, 2018.
What does Koin do?
Koin was founded in 2014 in Sao Paulo, Brazil, as a provider of purchase financing solutions within the fintech sector. Monthly payment options and payment slips are enabled for users, along with checkout payment methods that allow selection of installments and terms to complete orders. The platform operates through applications available on iOS and Android devices, serving customers in Brazil.
Who are the top competitors of Koin?
Koin's top competitors include Stripe, PayU and Flutterwave.
What products or services does Koin offer?
Koin offers Pix Parcelado, Antifraude, and Koin Shop.
Who are Koin's investors?
Koin has 2 investors. Key investors include Despegar, and International Finance Corporation.
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