HandCash Labs, S.L.

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HandCash Labs, S.L. - overview

Established

2017

Location

Madrid, -, Spain

Primary Industry

Internet

About

HandCash Labs, S. L. is a Madrid-based company focused on digital payments and gaming, offering tools for seamless micropayments and innovative gaming experiences to enhance user engagement in digital economies. Founded in 2017, HandCash Labs, S.


L. specializes in digital payment solutions for the gaming industry. The company has raised funding through 3 deals, with the most recent occurring on June 23, 2020, led by Unbounded Capital and Two Hop Ventures. CEO Alex Agut leads the company, while founder Rafa Jiménez has a history in technology and entrepreneurship.


HandCash operates primarily in the gaming and digital content marketplace, offering a suite of products designed to enhance user engagement within vibrant game economies. Central to its offerings is the HandCash app, facilitating instant micropayments for digital goods and services. The platform also features HandCash Connect, an SDK for developers to integrate in-app payment solutions. HandCash is developing experiences like the 'Ageless Republic' open-world MMORPG and 'Brainrot,' a social card game, catering to gamers and developers globally, particularly in North America and Europe.


In the most recent financial year, 2021, HandCash generated revenue of USD 15,728. 10, while reporting an EBITDA of -USD 954,463. 20 for 2022. Its revenue model is based on transaction fees from micropayments processed through the HandCash app, along with potential subscription services for developers using HandCash Connect.


HandCash Labs plans to leverage recent funding, received on June 23, 2020, to expand its product offerings and market reach. The company intends to roll out new features in the HandCash app and explore additional monetization strategies. Targeting markets in North America and Europe for expansion, HandCash aims to enhance its presence in the gaming industry and improve user engagement through innovative digital solutions.


Current Investors

nChain, Two Hop Ventures, Unbounded Capital

Primary Industry

Internet

Sub Industries

e-Financial, Web Applications

Website

www.handcash.io

Verticals

Blockchain, FinTech, Mobile Apps

Company Stage

Series A

Total Amount Raised

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