Xapo Bank

Gibraltar, Gibraltar Founded: 2014 • Age: 12 yrs
Digital banking for fiat currencies and cryptocurrencies is provided.
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About Xapo Bank

Xapo Bank is a company based in Gibraltar (Gibraltar) founded in 2014 by Wenceslao Casares.. Xapo Bank has raised $40.03 million across 2 funding rounds from investors including Fortress Investment, Ribbit Capital and Greylock Partners.

  • Headquarter Gibraltar, Gibraltar
  • Founders Wenceslao Casares
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $40.03 M (USD)

    in 2 rounds

  • Latest Funding Round
    $20 M (USD), Series A

    Jul 08, 2014

  • Investors
  • Employee Count
    Employee Count
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People of Xapo Bank
Headcount 200-500
Employee Profiles 37
Employee Profiles
People
Aurimas Budreckis
Product Consultant - Cards
People
Marius-Andrei Rosu
App Tribe Lead
People
Djoeri Timessen
Chief Product Officer
People
Joey Garcia
Director And Chief Legal & Regulatory Officer

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Funding Insights of Xapo Bank

Xapo Bank has successfully raised a total of $40.03M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $20 million completed in July 2014. 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 Series A — $20.0M
  • First Round

    (13 Mar 2014)

  • Investors Count 10
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2014 Amount Series A - Xapo Bank Valuation Greylock , Index Ventures
Mar, 2014 Amount Series A - Xapo Bank Valuation Benchmark , Fortress Investment
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 Xapo Bank

Xapo Bank has secured backing from 10 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Fortress Investment, Ribbit Capital and Greylock Partners. 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
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital firm specializing in early-stage tech investments and founder support.
Founded Year Domain Location
Venture capital investments in technology startups and entrepreneurs.
Founded Year Domain Location
PE firm investing in the US
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 Xapo Bank

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 - Xapo Bank

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

Xapo Bank Comparisons

Employees
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Competitors of Xapo Bank

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 Xapo Bank

Frequently Asked Questions about Xapo Bank

When was Xapo Bank founded?

Xapo Bank was founded in 2014.

Where is Xapo Bank located?

Xapo Bank is headquartered in Gibraltar, Gibraltar.

Who is the current CEO of Xapo Bank?

Seamus Rocca is the current CEO of Xapo Bank.

Is Xapo Bank a funded company?

Xapo Bank is a funded company, having raised a total of $40.03M across 2 funding rounds to date. The company's 1st funding round was a Series A of $20.03M, raised on Mar 13, 2014.

What does Xapo Bank do?

Xapo Bank was established in 2014 in Gibraltar as a digital-native institution focused on fintech. Fiat banking solutions, including USD accounts, are combined with cryptocurrency services such as Bitcoin holdings. Card options, general financial services, and asset management are also available. Operations support users through a mobile app compatible with Android and iOS devices in the region.

Who are Xapo Bank's investors?

Xapo Bank has 10 investors. Key investors include Fortress Investment, Ribbit Capital, Greylock Partners, Index Ventures, and Emergent Capital Partners.

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