Matrixport

Singapore, Singapore Founded: 2019 • Age: 7 yrs
App-based platform offering crypto investment products and financial services solutions
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About Matrixport

Matrixport is a company based in Singapore (Singapore) founded in 2019 by Daniel Yan and Jihan Wu.. Matrixport has raised $100 million across 1 funding round from investors including Lightspeed Venture Partners, Polychain and Qiming Venture Partners. Matrixport has completed 1 acquisition, including Crypto Finance. Matrixport offers products and services including Crypto Earning and Crypto Trading.

  • Headquarter Singapore, Singapore
  • Founders Daniel Yan, Jihan Wu
  • Stage Unicorn
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Matrixport Ltd.
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $100 M (USD)

    in 1 rounds

  • Latest Funding Round
    $100 M (USD), Series C

    Aug 02, 2021

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of Matrixport

Matrixport offers a comprehensive portfolio of products and services, including Crypto Earning and Crypto Trading. 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.

Primary

Interest is earned on crypto assets through products like DeFi and Flexi Saving, which are designed for easy access and competitive yields.

Crypto is traded on the platform with zero fees and leveraged options, allowing users to buy, sell, and manage assets efficiently.

People of Matrixport
Headcount 50-200
Employee Profiles 40
Employee Profiles
People
Kah Chye Tan
Senior Lead Engineer
People
Tina Zixuan D.
Regional Marketing Manager
People
Chloe Han
Director Of Market Development Strategy
People
Elsa See
Director Of Business Development

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Funding Insights of Matrixport

Matrixport has successfully raised a total of $100M through 1 strategic funding round. The most recent funding activity was a Series C round of $100 million completed in August 2021. 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 Rounds 1
  • Last Round Series C — $100.0M
  • First Round

    (02 Aug 2021)

  • Investors Count 15
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2021 Amount Series C - Matrixport Valuation DST Global , C Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Matrixport

Matrixport has secured backing from 15 investors, including venture fund and institutional investors. Prominent investors backing the company include Lightspeed Venture Partners, Polychain and Qiming Venture Partners. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investment firm
Founded Year Domain Location
Private equity and hedge fund focused on multiple strategies
Founded Year Domain Location
Venture capital investments are directed toward multiple sectors.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Matrixport

Matrixport has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Crypto Finance. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Blockchain-based financial services and digital asset products are provided.
2017
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Matrixport

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Matrixport Comparisons

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Competitors of Matrixport

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Matrixport

Frequently Asked Questions about Matrixport

When was Matrixport founded?

Matrixport was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Where is Matrixport located?

Matrixport is headquartered in Singapore, Singapore.

Who is the current CEO of Matrixport?

Yuesheng Ge is the current CEO of Matrixport.

Is Matrixport a funded company?

Matrixport is a funded company, having raised a total of $100M across 1 funding round to date. The company's 1st funding round was a Series C of $100M, raised on Aug 02, 2021.

What does Matrixport do?

Matrixport was founded in 2019 in Singapore as a fintech company focused on cryptocurrency. An app-based platform is operated to deliver investment products and financial solutions, including crypto trading, derivatives trading, exchanges, and loans. Cold-storage custody for digital assets is maintained. Merchant payment acceptance in cryptocurrencies is facilitated through integrated tools. The platform is accessible on Android and iOS devices.

What products or services does Matrixport offer?

Matrixport offers Crypto Earning and Crypto Trading.

How many acquisitions has Matrixport made?

Matrixport has made 1 acquisition, including Crypto Finance.

Who are Matrixport's investors?

Matrixport has 15 investors. Key investors include Lightspeed Venture Partners, Polychain, Qiming Venture Partners, DRAGONFLY, and DST Global Partners.

What is Matrixport's valuation?

The valuation of Matrixport is $1B as of Aug 2021.

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