When was 1Money founded?

1Money was founded in 2024 and raised its 1st funding round 1 year after it was founded.

Where is 1Money located?

1Money is headquartered in Bermuda.

Who is the current CEO of 1Money?

Brian Shroder of 1Money. They have also founded 1 company.

Is 1Money a funded company?

1Money is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Jan 16, 2025.

When was the latest funding round of 1Money?

1Money's latest funding was a $***** Seed round on Jan 16, 2025, with participation from 27 investors.

Where does 1Money rank among its competitors?

1Money ranks 10th amongst 331 active competitors, of which 74 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was JPYC, which secured $38.1M in Aug, 2026.

Who are the top competitors of 1Money?

1Money's top competitors include Circle, Terra and KAST. Among them, JPYC secured the most recent funding round in August, 2026.

1Money - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of a stablecoin payments network. This network is designed exclusively for stablecoins and offers a decentralized and Deterministic Byzantine Fault Tolerant (DBFT) architecture. The design prioritizes security, protecting user funds and transactions from various vulnerabilities. It features built-in compliance features to automate sanctions blocking and meet AML standards. The network processes transactions immediately without the delays associated with blockchains, and it does not utilize smart contracts, mitigating associated risks. Its architecture allows for high transaction speeds and scalability to handle significant transaction volumes.

Key Metrics

Founded Year

2024

Location

Bermuda

Stage

Seed

Total Funding

$20M in 1 round

Latest Funding Round

Seed, Jan 16, 2025, $*****

Investors

F-Prime Capital & 27 more

Ranked

10^th among 331 active competitors

Similar Companies

Circle & 545 more

View 1Money's full profile

1Money has raised a total funding of $20M over 1 round. Its latest funding round was a Seed round on Jan 16, 2025 for $*****. 27 investors participated in its latest round. 1Money has 28 institutional investors.

Here is the list of recent funding rounds of 1Money:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 16, 2025	4069107	Seed	2224195	2164148	1647397	8375968

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View details of 1Money's funding rounds and investors

The founders of 1Money are Matt Shroder and Brian Shroder. Brian Shroder is the CEO of 1Money.

Here are the details of 1Money's key team members:

Matt Shroder: Co-Founder and President of 1Money.
Contact Info: 1 email address and 1 phone number
Brian Shroder: Co-Founder & CEO of 1Money.
Contact Info: 1 phone number

View details of 1Money's Founder profiles and Board Members

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Top competitors of 1Money include Circle, Terra and KAST. Here is the list of Top 10 competitors of 1Money, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Circle 2013, Boston (United States), Public	Cross-border payment solution for businesses focusing on cryptocurrency	$1.51B	Fidelity Investments, Marshall Wace & 55 others	88/100
2nd	Terra 2018, Singapore (Singapore), Series B	Blockchain network for payments	$125M	Huobi, Binance Labs & 42 others	76/100
3rd	KAST 2024, Mutsamudu (Comoros), Series A	App-based platform offering stablecoins	$90M	QED Investors, HSG & 3 others	75/100
4th	Celo 2011, San Francisco (United States), Acquired	Blockchain-based stable coins for social payments and money transfers	$65M	Andreessen Horowitz, Polychain & 52 others	71/100
5th	StableCorp 2019, Toronto (Canada), Series A	Decentralized stable coin used for enabling B2B payments	$8.51M	FTP Ventures, VersaBank & 11 others	60/100
6th	JPYC 2019, Chiyoda City (Japan), Series B	Prepaid Japanese Yen Stablecoin made on public blockchain	$106M	Headline, Ds Hd & 18 others	58/100
7th	Mezo 2022, Menlo Park (United States), Series A	Developer of stablecoins fully backed by reserves of digital currency	$30M	Ledger, Pantera Capital & 16 others	58/100
8th	TrustToken 2017, San Francisco (United States), Series A	Decentralized platform for physical asset tokenization	$32.5M	BlockTower, StartX & 29 others	57/100
9th	MakerDAO 2014, San Francisco (United States), Series A	Stable coin based on Ethereum blockchain	$63M	Andreessen Horowitz, Transform Capital & 25 others	56/100
10th	1Money 2024, Bermuda, Seed	Provider of a stablecoin payments network	$20M	Tribe Capital, F-Prime Capital & 26 others	56/100