Reserve
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Reserve - overview
Established
2017
Location
Oakland, CA-California, US
Primary Industry
Financial Services
About
Based in California, US, and founded in 2017, Reserve operates a mobile payment platform that allows users to make transactions in its hyperinflation-protected cryptocurrency (RSV). The company was founded by its CEO Nevin Freeman, and CTO Matt Elder. The company operates a mobile finance application that allows its users/enterprises to accept, hold and send money in its native digital cryptocurrency (Reserve) instead of their country’s inflation-prone local currency. The company’s application functions by using its two types of cryptocurrency offerings: Reserve (RSV) and Reserve Rights (RSR).
Reserve (RSV) is a stable cryptocurrency that is being used as payment in its application. Reserve Rights (RSR) is a fluctuating cryptocurrency that helps to stabilize the RSV and is created for rewarding users who support the network.
Primary Industry
Financial Services
Sub Industries
e-Financial, Accounting/Finance Software
Website
www.reserve.org
Verticals
Blockchain, FinTech, FinTech, FinTech, FinTech, FinTech, Mobile Apps
Total Amount Raised
Subscriber access only
Reserve - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unspecified Round | Completed | Num Finance | - |
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Reserve - employee data
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