Bitso - About the company
Bitso is a series C company based in Mexico City (Mexico), founded in 2014 by Daniel Vogel, Ben Peters and Pablo Gonzalez. It operates as an Online trading and exchange platform for cryptocurrency. Bitso has raised $331M in funding from investors like Ripple, QED Investors and Tiger Global Management, with a current valuation of $2.2B. The company has 2034 active competitors, including 211 funded and 45 that have exited. Its top competitors include companies like Coinbase, Kraken and N26.
Sectors and market segments that Bitso operate in
Bitso serves in the FinTech, Blockchain Technology market segments.The primary business model of Bitso are:Company Details
Online trading and exchange platform for cryptocurrency. The platform enables users to buy and sell digital currencies through app-based and web platforms. It supports a wide range of digital currencies including Ripple, Bitcoin, Ether, XRP, Litecoin among others. It also provides market analysis charts and insights as a reference to the trader. The app is available on iOS and Android devices.
- Website
- bitso.com
Key Metrics
Founded Year
2014
Location
Mexico City, Mexico
Stage
Series C
Total Funding
$331M in 7 rounds
Latest Funding Round
Post Money Valuation
$2.2B as on May 05, 2021
Ranked
4th among 2034 active competitors
Employee Count
739 as on Mar 31, 2026
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Bitso's funding and investors
Bitso has raised a total funding of $331M over 7 rounds. Its first funding round was on Jun 26, 2015. Its latest funding round was a Series C round on May 05, 2021 for $250M. 9 investors participated in its latest round. Bitso has 37 institutional investors.
Here is the list of recent funding rounds of Bitso:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 05, 2021 | $250M | Series C | $2.2B | - | ||
Dec 09, 2020 | $62M | Series B | - | - | ||
Oct 15, 2019 | $15M | Series A | - | - |
View details of Bitso's funding rounds and investors
Bitso's founders and board of directors
Founder? Claim ProfileThe founders of Bitso are Daniel Vogel, Ben Peters and Pablo Gonzalez. Daniel Vogel is the CEO of Bitso.
Here are the details of Bitso's key team members:
- Daniel Vogel: Co-Founder & CEO of Bitso and founder of 2 other companies, Bridge Latam and Bridge Partners. They are also an angel investor in 7 startups.Contact Info: 1 email address
- Ben Peters: Co-Founder & Director of R&D of Bitso and founder of 1 other company. They are also an angel investor in 2 startups.
- Pablo Gonzalez: Co-Founder of Bitso. They are also an angel investor in 1 startup.
View details of Bitso's Founder profiles and Board Members
Bitso's employee count trend
Bitso has 739 employees as of Mar 26. Here is Bitso's employee count trend over the years:
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Bitso's Competitors and alternates
Top competitors of Bitso include Coinbase, Kraken and N26. Here is the list of Top 10 competitors of Bitso, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Coinbase 2012, San Francisco (United States), Public | Online platform for crypto portfolio | $547M | 87/100 | |
2nd | Kraken 2011, Cheyenne (United States), Series D | Cryptocurrency exchange platform that allows users to buy, sell, trade, and stake digital | $867M | 86/100 | |
3rd | Provider of mobile banking services, including savings, investment, and crypto | $1.72B | 83/100 | ||
4th | Online trading and exchange platform for cryptocurrency | $331M | 82/100 | ||
5th | KuCoin 2017, Mahe (Seychelles), Series A | Cryptocurrency exchange and trading platform | $180M | 82/100 | |
6th | CoinList 2017, San Francisco (United States), Series A | App-based trading platform for cryptocurrency | $119M | 81/100 | |
7th | Wealthsimple 2014, Toronto (Canada), Series F | Provider of financial services including investing, trading, saving, and borrowing | $1.29B | 78/100 | |
8th | SwissBorg 2016, Lausanne (Switzerland), Series A | B2B robo advisory and crypto wealth management solution | $27M | 77/100 | |
9th | Voyager 2017, New York City (United States), Public | App-based trading platform for cryptocurrency | - | 73/100 | |
10th | Mercado Bitcoin 2013, Sao Paulo (Brazil), Series B | Online trading platform for cryptocurrency | $238M | 72/100 |
Looking for more details on Bitso's competitors? Click here to see the top ones
Bitso's Investments and acquisitions
Bitso has made 4 investments in companies including Latitude and Lumx. Bitso has also acquired 2 companies including Quedex and Unisend.Here is the list of investments & acquisitions:
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Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Mar 31, 2026 | Investments | 2018 | Spring (United States) | |
Oct 15, 2025 | Investments | 2022 | Rio De Janeiro (Brazil) | |
Aug 08, 2025 | Investments | 2024 | Dover (United States) |
See all investments by Bitso
Reports related to Bitso
Here is the latest report on Bitso's sector:
News related to Bitso
Media has covered Bitso for a total of 17 events in the last 1 year, 8 of them have been about company updates and 6 about partnerships.
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Bitso Partners with Alpaca to Enable US Stock Trading for Mexican InvestorsCrowdfund Insider•Feb 23, 2026•Alpaca Securities, Bitso, Kraken, Nasdaq
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Bitso Reports Crypto Adoption Accelerating in Latin America; Digital asset users now top 57 millionCrowdfund Insider•Nov 20, 2025•Bitso
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Argentinian crypto Lemon raises $20 million to accelerate growth in Latin America.Observatorio Blockchain•Oct 09, 2025•Google, Bitso, Ripio, Lemon8
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Jiko Announces Strategic Investments from Key Industry Players Including Coinbase and Blockstream Capital PartnersThe Joplin Globe•Oct 07, 2025•Jiko, Blockstream, Coinbase, CipherOwl and 5 others
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Clara and Bitso Partner to Launch Stablecoin-Backed Payments in Latin AmericaPYMNTS.com•Sep 18, 2025•Clara, Bitso
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Bitso Business Reveals Latin America Stablecoin Landscape Report for the First Half of 2025Fintech Finance•Aug 28, 2025•Bitso
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