About Margo Network
Margo Network is a company based in Lancaster (United States) founded in 2019. Margo Network offers products and services including Bitcoin Purchase and Crypto Transaction Services.
- Headquarter Lancaster, United States
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website margonetwork.com
- Social LinkedIn Facebook Instagram
- Legal Name Powercoin, Llc
- Latest Funding Round$16M (USD), Debt – Conventional
Dec 2023
- Investors
Products & Services of Margo Network
Margo Network offers a comprehensive portfolio of products and services, including Bitcoin Purchase and Crypto Transaction Services.
Purchasing of Bitcoin and other digital assets using credit or debit cards is facilitated quickly and securely.
Delivery of funds to user wallets is provided for over 50 cryptocurrencies, with verification processes being required.
Funding Insights of Margo Network
- Total Rounds 1
- Last Round Debt – Conventional — $16M
- First Round $16M
(Dec 2023)
- Investors Count 1
All 1 funding rounds of Margo Network 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 | $16M | Debt – Conventional | – | – |
1 investors in total: 1 institutional.
Investors in Margo Network
Margo Network has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Chicago Atlantic.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Working capital and real estate loans are provided to businesses. | 2018 | chicagoatlantic.com | Chicago, United States |
Investor details for Margo Network
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 Margo Network
2 people are tracked at Margo Network (2 in leadership).
| Name | Role | Group |
|---|---|---|
Austin Haller | CEO | Leadership |
Michael Tomlinson | Chief Revenue Officer (cro) | Leadership |
Complete people profiles for Margo Network
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 Margo Network
2 dated milestones of Margo Network across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Margo Network is founded.
- Funding First funding round of $16.0M.
Similar companies to Margo Network
10 companies that operate in the same segment as Margo Network (Cryptocurrency ATMs), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Coins are converted to cash and coupons through self-service kiosks. | 1991 | Bellevue, Washington, United States | USD 200 M | – | – | |
Bitcoin ATM network and OTC cryptocurrency exchange are operated. | 2015 | Chicago, Illinois, United States | USD 3 M | USD 234.6 M | – | |
Cryptocurrency ATMs are operated for buying and selling digital assets. | 2016 | Atlanta, Georgia, United States | – | USD 573.7 M | 126 | |
Bitcoin ATMs are supplied by Bitaccess for cryptocurrency access. | 2005 | Ottawa, Ontario, Canada | USD 10.12 M | – | – | |
Groundnut oil and related products are manufactured and exported. | 2013 | Miami, Florida, United States | – | – | – | |
Digital signage content management software is provided for industry-specific personalization. | 1993 | Louisville, Kentucky, United States | – | – | – | |
Blockchain software and Bitcoin ATM hardware are developed and provided. | 2013 | Canada | – | – | – | |
Self-service vending machines for beverages and snacks are supplied. | 2013 | Beijing, China | – | – | – | |
Bitcoin ATM software platforms and turnkey solutions are provided. | 2013 | Santa Fe, New Mexico, United States | – | – | – | |
Driver-less technology applications are developed and deployed globally. | 2018 | Shenzhen, Guangdong, China | – | – | – |
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Frequently Asked Questions about Margo Network
Margo Network was founded in 2019 and raised its 1st funding round 4 years after it was founded.
Margo Network is headquartered in Lancaster, United States. It is registered at Lancaster, Pennsylvania, United States.
Austin Haller is the current CEO of Margo Network.
Margo Network was established in 2019 in Lancaster, United States, within the financial services sector. A network of Bitcoin ATMs is maintained to support cryptocurrency operations. Transactions are processed quickly and conveniently, while trading volumes up to 1,000,000 daily are accommodated. The focus remains on accessible crypto services across the region.
Margo Network offers Bitcoin Purchase and Crypto Transaction Services.
Margo Network has 1 investor. Key investors include Chicago Atlantic.
Margo Network operates through Powercoin, Llc.