Coinfloor

Coinfloor is a London-based cryptocurrency exchange focused on providing a secure platform for trading Bitcoin, catering to individual investors and businesses alike. Coinfloor operates as a Bitcoin exchange, facilitating the buying and selling of Bitcoin. Founded in London, UK, in 2013, the company has not undergone any significant changes in its business operations. Coinfloor was established by individuals passionate about cryptocurrency trading.

The company has raised a total of GBP 210,000 in funding, with its most recent funding round in August 2014 led by Passion Capital. The current valuation of Coinfloor is GBP 2. 617 million. Coinfloor offers a user-friendly platform for purchasing Bitcoin via debit card or bank transfer.

Their services include a Bitcoin debit card named The Bolt Card and tailored accounts for personal and business use, aimed at managing Bitcoin transactions efficiently. With operations in over 40 countries, including Europe, Africa, and Asia, Coinfloor focuses on user education to assist clients in navigating Bitcoin complexities. Coinfloor generates revenue primarily through transaction fees related to Bitcoin purchases, although it claims not to charge direct fees on transactions. The company facilitates transactions and may include fees charged by third-party service providers.

Users can purchase Bitcoin using their debit cards, and businesses utilize specialized eMoney accounts for international payments. In August 2014, Coinfloor secured GBP 210,000 in seed financing from Passion Capital, with individual investors participating. The funding round values Coinfloor at GBP 2. 61 million.

The company plans to expand its product offerings and explore new geographic markets in Europe and Asia, leveraging the recent funding to enhance its platform and services.