Coins.ph

Last updated

Coins.ph
Coins.ph logo.svg
Headquarters Pasig City, Metro Manila, Philippines
Area served Philippines
Owner Gojek
Founder(s)
  • Ron Hose
  • Runar Petursson
Industry Financial services
URL coins.ph
LaunchedOctober 13, 2014;5 years ago (2014-10-13) [1]

Coins.ph is a financial services platform founded in 2014 by Silicon Valley entrepreneurs Ron Hose and Runar Petursson in Metro Manila, Philippines. [2]

In May 2017, Coins.ph raised $5 million in series A extension led by Naspers Ventures. [3]

The cryptocurrency company is among the few in the world to be duly authorized by a state monetary body in its location, in this case, the Bangko Sentral ng Pilipinas. [4]

Coins.ph has a Thai counterpart as well, coins.co.th, operating in the same manner, but for the Thai market. [5]

Wallets for Bitcoin, Bitcoin Cash, Ethereum and the Philippine Peso are available, with the altcoins being a recent addition. [1]

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References

  1. 1 2 Bischoff, Paul (14 October 2014). "Coins.ph launches Bitcoin wallet tailored for emerging markets". Tech in Asia. Retrieved 23 October 2018.
  2. "Could the Philippines be Asia's next tech tiger?". bbc.com. 30 May 2014. Retrieved 22 October 2018.
  3. Russell, Jon (24 May 2017). "Naspers pours $5M into Coins, a fintech startup for Southeast Asia's unbanked population". TechCrunch. Retrieved 22 October 2018.
  4. Melissa Luz T. Lopez (16 November 2017). "Coins.ph gets central bank license". Business World. Retrieved 23 October 2018.
  5. Leon Pick (26 August 2014). "Coins.ph launches Thailand's 2nd Bitcoin exchange, Coins.co.th". Finance Magnates. Retrieved 23 October 2018.