About PDAX
PDAX is a company based in Makati (Philippines) founded in 2017 by Nichel Gaba. PDAX has raised $62.5 million across 4 funding rounds from investors including Ripple, BitMEX and OSL Group. PDAX operates in a competitive market with competitors including Gemini, FTX, Blockchain, Bitstamp and Bit2Me, among others.
- Headquarter Makati, Philippines
- Founders Nichel Gaba
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Sectors
Financial Services
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$62.5 M (USD)
in 4 rounds
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Latest Funding Round
$50 M (USD), Series B
Feb 10, 2022
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Investors
Ripple
& 13 more
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Employee Count
Not available
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People of PDAX
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Funding Insights of PDAX
PDAX has successfully raised a total of $62.5M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $50 million completed in February 2022. 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.
Investors in PDAX
PDAX has secured backing from 14 investors, including venture fund and institutional investors. Prominent investors backing the company include Ripple, BitMEX and OSL Group.
| Investor | Description | Founded Year | Domain | Location |
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Venture and private equity investments are managed with global diversification.
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Kingsway Capital is engaged in providing investment management services.
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Venture capital and funds of fund firm focused on multiple sectors
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Locked | Locked | Locked |
Investor details for PDAX
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Investments & Acquisitions by PDAX
Investment portfolio details for PDAX
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Financial Statements - PDAX
Detailed financials for PDAX
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Pdax Comparisons
Peer comparison for PDAX
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of PDAX
PDAX 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 Gemini, FTX, Blockchain, Bitstamp and Bit2Me, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Platform offering crypto exchange solutions
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| Locked | Locked | Locked |
Cryptocurrency trading is facilitated through an online platform.
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| Locked | Locked | Locked |
App-based platform for exchange and trading solutions for cryptocurrency
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| Locked | Locked | Locked |
Cryptocurrencies are bought, sold, and exchanged via a mobile app.
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| Locked | Locked | Locked |
Online platform for crypto exchange
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Detailed competitors of PDAX
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Pdax
Complete news archive for PDAX
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Frequently Asked Questions about PDAX
PDAX was founded in 2017 and raised its 1st funding round 2 years after it was founded.
PDAX is headquartered in Makati, Philippines. It is registered at Makati, National Capital Region, Philippines.
Nichel Gaba is the current CEO of PDAX. They have also founded this company.
PDAX is a funded company, having raised a total of $62.5M across 4 funding rounds to date.
PDAX was established in 2017 in Makati, Philippines, as an online exchange platform in the cryptocurrency sector. Users are enabled to buy, sell, and manage cryptocurrencies and utility tokens through its services. Supported assets include Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Litecoin. Operations are focused on secure digital asset trading within the Philippine market.
PDAX's top competitors include Blockchain, Gemini and FTX.
PDAX has 14 investors. Key investors include Ripple, BitMEX, OSL Group, Tiger Global, and Kingsway Capital.