Striga

Tallinn, Estonia Founded: 2017 • Age: 9 yrs Acquired By Lightspark
Online platform enabling businesses to offer crypto-based banking services
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About Striga

Striga is a company based in Tallinn (Estonia) founded in 2017 by Bernardo Magnani was acquired by Lightspark in October 2025.. Striga has raised $125 thousand across 2 funding rounds from investors including Brinc, Lightspark and Y Combinator. Striga offers products and services including Crypto Wallets, Crypto Exchange, and Virtual Cards. Striga operates in a competitive market with competitors including Phantom, imToken, Ripio, Argent and Rainbow, among others.

  • Headquarter Tallinn, Estonia
  • Founders Bernardo Magnani
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Striga Technology Oü
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $125 K (USD)

    in 2 rounds

  • Latest Funding Round
    $125 K (USD), Seed

    Jun 01, 2021

  • Investors
    Brinc

    & 2 more

  • Employee Count
    Employee Count
  • Acquired by
    Lightspark

    (Oct 14, 2025)

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Products & Services of Striga

Striga offers a comprehensive portfolio of products and services, including Crypto Wallets, Crypto Exchange, and Virtual Cards. 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

Platform for issuing and managing crypto wallets securely.

Provides liquidity and trading pairs for crypto transactions.

Enables issuance of customizable Visa cards for users.

People of Striga
Headcount 1-10
Employee Profiles 4
Employee Profiles
People
Mousser Rahmouni
Strategic Partnerships
People
Andres Kalm
Director Of Controls
People
Mai Loogna
Senior Compliance Officer

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Funding Insights of Striga

Striga has successfully raised a total of $125K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $125 thousand completed in June 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 2
  • Last Round Seed — $125,000
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2021 Amount Seed - Striga Valuation

investors

Nov, 2018 Amount Seed - Striga Valuation Brinc
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 Striga

Striga has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Brinc, Lightspark and Y Combinator. 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
Investor Description Founded Year Domain Location
Early-stage startups are accelerated via funding and educational programs.
Founded Year Domain Location
Venture platform bridging entrepreneurs with investors catalyzing innovation into solutions
Founded Year Domain Location
Platform created to explore, build and extend the capabilities and utility of Bitcoin
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 Striga

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

Financial Statements - Striga

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

Striga Comparisons

Employees
+
Add Comparison
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Competitors of Striga

Striga 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 Phantom, imToken, Ripio, Argent and Rainbow, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Mobile app offering live fitness training & workout programs for the users
domain founded_year HQ Location
Digital asset wallet for cryptocurrency exchange
domain founded_year HQ Location
Online reseller of Bitcoins
domain founded_year HQ Location
Mobile wallet for cryptocurrency and NFTs is provided.
domain founded_year HQ Location
Rainbow is recognized for providing secure crypto wallets.
domain founded_year HQ Location
Provider of a community-based cryptocurrency and digital asset exchange
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 Striga

Frequently Asked Questions about Striga

When was Striga founded?

Striga was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Where is Striga located?

Striga is headquartered in Tallinn, Estonia.

Is Striga a funded company?

Striga is a funded company, having raised a total of $125K across 2 funding rounds to date.

What does Striga do?

Striga was founded in 2017 in Tallinn, Estonia, within the fintech sector focused on cryptocurrency integration. An online platform is maintained that equips businesses with APIs for Bitcoin and Lightning account creation, management, and linkage to European payment systems including IBANs and cards. Operations center on facilitating crypto transactions alongside traditional banking tools across Europe.

Who are the top competitors of Striga?

Striga's top competitors include Bitget, imToken and Rainbow.

What products or services does Striga offer?

Striga offers Crypto Wallets, Crypto Exchange, and Virtual Cards.

Who are Striga's investors?

Striga has 3 investors. Key investors include Brinc, Lightspark, and Y Combinator.

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