Ecoin Foundation Official
Building the future of finance with 'stable coin banking"
Building the future of finance with 'stable coin banking"
Ecoin Foundation Official: Ecoin is positioning itself as the 'PayPal/Paytm of crypto', striving to bring hundreds of millions of users into the crypto ecosystem through 'stable-coin banking'. The company's tech stack enables seamless onboarding of millions of users at remarkably low costs, fostering a network effect that is expected to catalyze the development of various crypto services. Ecoin has already launched a KYC-free p2p exchange and a crypto wallet, capitalizing on these network effects. Its appeal lies in offering one of the lowest user onboarding costs and ensuring minimal fraud. The network effect stems from its substantial user base, benefiting both in-house and external client products. Notably, Ecoin achieved an impressive milestone of onboarding over 1.5 million users within 12 months and generated a revenue of $100k by the end of 2020, entirely without external investments.
Founded: 2020
Industries: Blockchain, Crypto, Fintech
Headquarter: United Kingdom
Last Investment: $50.00K Seed Round investment at 03 September 2021
Last Investment Investors: N/A
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Seed Round | $50.00K | - | 03 Sep 2021 | |
| Seed Round | $100.00K | 1 | Draper University Ventures | 03 May 2021 |
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