Plutus

London, United Kingdom Founded: 2015 • Age: 11 yrs
Bitcoin is converted to fiat for contactless mobile payments worldwide.
Annual revenue - Latest available
Total funding $6.0M 3 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 2 Services tracked
Competitors 8 Brand Intelligence

About Plutus

Plutus is a company based in London (United Kingdom) founded in 2015. It operates as a FinTech and Commission-Based. Plutus has raised $6 million across 3 funding rounds from investors including Alphabit. Plutus offers products and services including Plutus Card and Plutus App. Plutus operates in a competitive market with competitors including Wirex, Shakepay, Intellabridge, DolarApp and Damex, among others.

  • Headquarter London, United Kingdom
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Block Code Ltd
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $6 M (USD)

    in 3 rounds

  • Latest Funding Round
    $5 M (USD), Series A

    Feb 16, 2021

  • Investors
  • Employee Count
    Not available
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Products & Services of Plutus

Plutus offers a comprehensive portfolio of products and services, including Plutus Card and Plutus App.

Product name locked
Category locked
Primary

A card offering cashback and rewards on spending.

Product name locked
Category locked
Locked

An app for managing rewards and card usage.

People of Plutus

Headcount 50-200
Employee Profiles 7
Employee Profiles
People
Danial Daychopan
CEO & Founder
People
Minyi Soon
Chief Product Officer (CPO)
People
Jasper Tay
COO & Co-Founder
People
Felipe Vásquez Durán
Customer Service Manager

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Funding Insights of Plutus

Plutus has successfully raised a total of $6M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in February 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.

Investors in Plutus

Plutus has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Alphabit.

All
Institutional
Investor Description Founded Year Domain Location
Cryptocurrency investments are managed by Alphabit fund.
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Investor details for Plutus

Investor domains, locations, round participation, and complete history require an active premium plan.

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  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by Plutus

Investments
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Investment portfolio details for Plutus

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  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - Plutus

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Detailed financials for Plutus

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  • Profit trends
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Plutus Comparisons

Plutus Primary company
Description
Bitcoin is converted to fiat for contactless mobile payments...
Location
London, United Kingdom
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Plutus

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Plutus

Plutus 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 Wirex, Shakepay, Intellabridge, DolarApp and Damex, among others.

Company Name Domain Founded year HQ Location Description
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App-based wallet for cryptocurrencies and traditional currencies is provided.
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Cryptocurrencies are exchanged via a mobile app platform.
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Blockchain protocols for financial applications are developed and provided.
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Currency exchange is facilitated via an internet-first platform.
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Debit cards for cryptocurrency transactions are provided by Damex.
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Detailed competitors of Plutus

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

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  • Full company profiles
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Latest news on Plutus

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Complete news archive for Plutus

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  • Source and publication date
  • Older coverage
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Frequently Asked Questions about Plutus

Plutus was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Plutus is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Plutus is a funded company, having raised a total of $6M across 3 funding rounds to date.

Plutus is managed as a financial technology platform offering rewards and cashback through the Plutus Card and app. Services are provided in the financial sector, focusing on electronic money and payment solutions. Operations are supported by partnerships with regulated entities for card issuance and fund safeguarding across the UK and Europe.

Plutus's top competitors include Wirex, Shakepay and Intellabridge.

Plutus offers Plutus Card and Plutus App.

Plutus has 1 investor. Key investors include Alphabit.

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