Ziglu Limited

Ziglu Limited, based in the UK, is a financial technology company specializing in cryptocurrency trading and management, offering secure platforms for users to buy, sell, and hold digital assets. Founded in 2018, Ziglu Limited operates as a financial technology firm providing cryptocurrency services. The company was founded by John Humpish, Niall McConnell, and Philip Goffin, with Kevin Hanley serving as CEO. Ziglu is headquartered in London, UK.

In April 2022, the company was acquired by Robinhood Financial LLC. Since its inception, Ziglu has successfully completed three deals, with the most recent funding round being a Seed round of GBP 1. 640 mn, bringing the total amount raised to GBP 1. 640 mn and a current company valuation of GBP 55.

311 mn. Ziglu operates as a financial technology company, primarily focused on providing a platform for cryptocurrency trading and management. Its core product offerings include a digital wallet that supports multiple cryptocurrencies, enabling users to buy, sell, and hold digital assets in a secure environment. The platform facilitates transactions and investments in cryptocurrencies for both individual and institutional clients, addressing the growing demand for accessible cryptocurrency services.

Ziglu’s user-friendly interface and robust security measures cater to a diverse client base, which includes retail investors and cryptocurrency enthusiasts, particularly in markets such as the United Kingdom and select European countries. The company aims to simplify entry into the cryptocurrency space and enhance the overall user experience through innovative features and responsive customer support. In the most recent fiscal year, Ziglu reported revenue of GBP 129,656. 6 and an EBITDA loss of GBP 5,829,389.

8. The company generates revenue primarily through transaction fees associated with buying and selling cryptocurrencies on its platform. Clients are charged a percentage of each transaction, which varies depending on the type of trade executed. Ziglu also offers subscription models for advanced features and premium services, designed to cater to both casual users and active traders.

The company’s revenue structure is supported by partnerships with payment processors and financial institutions, providing a streamlined experience for users engaging in cryptocurrency transactions. Following the acquisition in April 2022, Ziglu plans to utilize the transaction for international expansion and to reignite growth. The company is focused on developing new products and entering new markets, although specific details regarding product launches or targeted geographic regions have not been disclosed. Ziglu aims to enhance its service offerings and facilitate a wider adoption of cryptocurrency trading by leveraging its recent funding.