Bit2me

Overview
Activities
News
Cryptocurrencies?
Product stageSegments
Expansion
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Cryptocurrency Payments Infrastructure
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Bit2Me is a leading cryptocurrency platform based in Spain, operating since 2015. It offers a comprehensive suite of services for buying, selling, managing, and trading cryptocurrencies and euros. Bit2Me supports over 50 virtual currencies, including Bitcoin, Ethereum, Cardano, and Dogecoin. In January 2022, it became the first company recognized by the Bank of Spain as a virtual currency service provider for custody services and trading digital assets, demonstrating its commitment to security and regulatory compliance.

Bit2Me's technology allows users to trade cryptocurrencies with high liquidity and low spreads. In May 2021, it launched Bit2Me Trade, the first high-frequency cryptocurrency trading platform developed by a Spanish exchange. This tool enables investors and traders to manage their crypto portfolios and conduct advanced technical analysis. As of 2021, Bit2Me had handled transactions worth over EUR 1 billion.

In February 2023, Bit2Me introduced its Mastercard debit card, offering up to 9% cashback on payments made with cryptocurrencies at over 90 million merchants worldwide. The card is compatible with mobile devices and NFC payments, providing users with a seamless crypto spending experience.

Bit2Me has pursued an acquisition strategy, purchasing the Peruvian exchange Fluyez in July 2022 and exploring opportunities in other Latin American countries like Chile, Colombia, and Uruguay. In July 2022, the company also launched Bit2Me Commerce, an online payment gateway enabling ecommerce businesses to accept cryptocurrency payments securely.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
C/ Germán Bernacer, 69 Elche ESP
Founded year:
2014
Employees:
251-500
IPO status:
Private
Total funding:
USD 74.8 mn
Last Funding:
USD 15.3 mn (Series Unknown; Jun 2023)
Last valuation:
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