About PocketPK
PocketPK is a company based in Lahore (Pakistan) founded in 2020 by Ace Tsui. PocketPK has raised $4 million across 3 funding rounds from investors including MEXC Global, Gate.io and Advanced Blockchain. PocketPK operates in a competitive market with competitors including Airfox, Liquity, Meow, Scallop and hoseki, among others.
- Headquarter Lahore, Pakistan
- Founders Ace Tsui
- SectorsFinancial Services
- Website apricot.one
- Total Equity Funding$4M (USD)
in 3 rounds
- Latest Funding Round$16.15M (USD), Token Sale
Nov 2021
- InvestorsMEXC Global
& 9 more
Funding Insights of PocketPK
PocketPK has successfully raised a total of $4M across 3 strategic funding rounds. The most recent funding activity was a Token Sale round of $16.15 million completed in November 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 $4M
- Total Rounds 3
- Last Round Token Sale — $16.15M
- Investors Count 10
All 3 funding rounds of PocketPK 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 |
|---|---|---|---|---|---|
| Nov 2021 | $16.15M | Token Sale | – | – | – |
| Aug 2021 | $4M | Series A | – | – | |
| Jun 2021 | – | Seed | – | – | – |
10 investors in total: 10 institutional.
Investors in PocketPK
PocketPK has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include MEXC Global, Gate.io and Advanced Blockchain.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are made in life sciences firms across all stages. | – | delphiventures.com | Menlo Park, United States | |
Venture capital investments are directed toward blockchain startups by Lemniscap. | – | lemniscap.com | George Town, Cayman Islands | |
Investments are directed toward decentralized finance technology startups. | – | valhalla.capital | San Juan, Puerto Rico | |
Venture capital fund focused on the blockchain sector | – | a41ventures.com | Seoul, South Korea | |
- | – | solanacapital.com.br | - | |
Cryptocurrency trading and exchange are facilitated through a mobile app. | 2018 | mexc.com | Singapore, Singapore | |
Blockchain investment firm | 2017 | advancedblockchain.com | Berlin, Germany | |
- | – | skyvisioncapital.com | - | |
Provider of digital asset investment services | – | ledgerprime.com | Miami, United States | |
Cryptocurrency trading is enabled via a mobile app platform. | 2013 | gate.io | George Town, Cayman Islands |
Investor details for PocketPK
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of PocketPK
1 people are tracked at PocketPK (1 in leadership).
| Name | Role | Group |
|---|---|---|
Ace Tsui | Co-Founder | Leadership |
Complete people profiles for PocketPK
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Timeline of PocketPK
3 dated milestones of PocketPK across 1 years, from founding to its latest funding, stage changes and deals.
- Founded PocketPK is founded.
- Funding First funding round.
- Funding Latest funding round, Token Sale, of $16.1M.
Competitors of PocketPK
PocketPK 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 Airfox, Liquity, Meow, Scallop and hoseki, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| airfox.com | 2016 | Boston, United States | $1.24M | – | Blockchain-based mobile wallet for recharges and loans is offered. | |
| liquity.org | 2020 | Baar, Switzerland | $8.4M | – | Decentralized interest-free loans against Ether are offered in stablecoins. | |
| meow.com | 2010 | Miami Beach, United States | $33.11M | 9 | High-interest business banking services are provided to companies. | |
| scallop.io | 2021 | Tortola, United Kingdom | $3M | – | DeFi protocol for lending and borrowing on the Sui blockchain | |
| hoseki.app | 2021 | United States | – | – | Online crypto-focused lending platform for individuals | |
| truefi.io | 2020 | San Francisco, United States | $12.5M | – | A decentralized protocol for cryptocurrency lending and borrowing is operated. | |
| sturdy.finance | 2021 | United States | $125,000 | – | Sturdy is focused on isolated lending with shared liquidity. | |
| minterest.com | 2020 | Tallinn, Estonia | $6.5M | 4 | NFT marketplace and digital asset lending protocol are operated. |
Detailed competitors of PocketPK
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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- Competitive positioning
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Latest news on Pocketpk
Complete news archive for PocketPK
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Similar companies to PocketPK
10 companies that operate in the same segment as PocketPK (Cryptocurrencies), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cross-border cryptocurrency payments for businesses are enabled through APIs. | 2013 | Boston, Massachusetts, United States | USD 1.51 B | USD 2.75 B | – | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | – | |
App-based platform for exchange and trading solutions for cryptocurrency | 2011 | London, England, United Kingdom | USD 700 M | – | – | |
Terraform Labs is engaged in blockchain technology development. | 2018 | Singapore, Singapore | USD 57 M | – | – | |
Ledger is recognized for providing secure cryptocurrency hardware wallets. | 2014 | Paris, France | USD 575.4 M | – | – | |
App-based wallet and exchange platform for cross-border money transfers | 2013 | London, England, United Kingdom | USD 73.36 M | – | – | |
Cryptocurrency trading, storage, and exchange services are offered online. | 2012 | San Francisco, California, United States | USD 546.62 M | USD 7.18 B | 3,770 | |
Cryptocurrencies are traded and exchanged through an online platform. | 2014 | Mexico City, Mexico | USD 331.35 M | – | – | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | – | 85 | |
Mobile app for storing and trading cryptocurrencies is utilized. | 2013 | London, England, United Kingdom | USD 13 M | – | – |
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Frequently Asked Questions about PocketPK
PocketPK was founded in 2020 and raised its 1st funding round 1 year after it was founded.
PocketPK is headquartered in Lahore, Pakistan. It is registered at Lahore, Punjab, Pakistan.
PocketPK is a funded company, having raised a total of $4M across 3 funding rounds to date.
PocketPK was founded in 2020 in Lahore, Pakistan, as a decentralized lending protocol within the cryptocurrency sector. Lending mechanisms are offered with minimal liquidation penalties to support borrowers. Yield farming innovations are integrated, including cross-margin leveraged products for enhanced returns. Operations are conducted via the domain apricot.one, with Ace Tsui serving as co-founder. The protocol focuses on secure, protocol-based financial services in the DeFi space.
PocketPK has 10 investors. Key investors include MEXC Global, Gate.io, Advanced Blockchain, Delphi Ventures, and Lemniscap.