About Uphold
Uphold is a company based in London (United Kingdom) founded in 2013 by JP Thieriot.. Uphold has raised $73.36 million across 4 funding rounds from investors including Greg Kidd. Uphold has completed 4 acquisitions, including Bitnet, JNK Securities and Optimus Cards. Uphold operates in a competitive market with competitors including Consensys, Luno, Amber Group, Matrixport and Abra, among others.
- Headquarter London, United Kingdom
- Founders JP Thieriot
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Uphold Europe Limited
- Date of Incorporation 27 Oct, 2014
- Jurisdiction LONDON, UNITED KINGDOM
-
Annual Revenue
$0 (USD)0as on Mar 31, 2022
-
Net Profit
$-672.95 (USD)56.44as on Mar 31, 2022
-
EBITDA
$-302.44 (USD)66.22as on Mar 31, 2022
-
Total Equity Funding
$73.36 M (USD)
in 4 rounds
-
Latest Funding Round
$57.5 M (USD), Angel Round
Jan 25, 2018
-
Investors
-
Employee Count
Employee Count
-
Investments & Acquisitions
Bitnet
& 3 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Software Development Team
29 people
Product Management Team
18 people
Leadership Team
12 people
Senior Team
7 people
Sales and Marketing
6 people
Data Analysis and Operations Team
5 people
Head Team
4 people
Finance and Accounting
4 people
Unlock access to complete
Funding Insights of Uphold
Uphold has successfully raised a total of $73.36M across 4 strategic funding rounds. The most recent funding activity was a Angel Round round of $57.5 million completed in January 2018. 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 Funding
- Total Rounds 4
- Last Round Angel Round — $57.5M
-
First Round
First Round
(07 May 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2018 | Amount | Angel Round - Uphold | Valuation | Greg Kidd |
|
| Jan, 2016 | Amount | Series B - Uphold | Valuation |
investors |
|
| Dec, 2014 | Amount | Series B - Uphold | Valuation |
investors |
|
| 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 Uphold
Uphold has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Greg Kidd. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
GK
Greg Kidd |
-
|
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 Uphold
Uphold has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Bitnet, JNK Securities and Optimus Cards. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Provides application development services
|
2016 | ||||
|
Bitcoin payment gateway is provided for merchants accepting digital currencies.
|
2014 | ||||
|
White-labeled NFC-enabled debit cards are supplied to businesses and institutions.
|
2014 |
| 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 - Uphold
| 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 |
Uphold Comparisons
Competitors of Uphold
Uphold 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 Consensys, Luno, Amber Group, Matrixport and Abra, 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 |
Developer of blockchain and web3 software platform
|
|
| domain | founded_year | HQ Location |
Mobile app for storing and trading cryptocurrencies is utilized.
|
|
| domain | founded_year | HQ Location |
Blockchain-based financial solutions are offered for crypto trading and payments.
|
|
| domain | founded_year | HQ Location |
App-based platform offering crypto investment products and financial services solutions
|
|
| domain | founded_year | HQ Location |
An app-based platform is offered for cryptocurrency trading and investments.
|
|
| domain | founded_year | HQ Location |
Digital wallet for Bitcoin assets
|
| 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 Uphold
Frequently Asked Questions about Uphold
When was Uphold founded?
Uphold was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Uphold located?
Uphold is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Uphold?
JP Thieriot is the current CEO of Uphold. They have also founded this company.
Is Uphold a funded company?
Uphold is a funded company, having raised a total of $73.36M across 4 funding rounds to date. The company's 1st funding round was a Series B of $9.94M, raised on May 07, 2014.
What does Uphold do?
App-based wallet and exchange platform for cross-border money transfers. It allows users to convert fiat currencies, cryptocurrencies, and precious metals. The user can upload money to hisher account in the desired currency, convert them into multiple other currencies for free of cost, and transfer it to other Uphold account holders. App is available on iOS Android devices.
Who are the top competitors of Uphold?
Uphold's top competitors include Luno, Consensys and Amber Group.
How many acquisitions has Uphold made?
Uphold has made 4 acquisitions, including Bitnet, JNK Securities, and Optimus Cards.
Who are Uphold's investors?
Uphold has 1 investor. Key investors include Greg Kidd.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.