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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
Social
XFacebook
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
Investors
Ranked
Employee Count
739 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
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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:lockFilter this list
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
-
-
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Bitso's founders and board of directors

Founder? Claim Profile
The 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:

Bitso's employee count trend

Bitso has 739 employees as of Mar 26. Here is Bitso's employee count trend over the years:
Employee count trend for Bitso
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Coinbase
Coinbase
2012, San Francisco (United States), Public
Online platform for crypto portfolio
$547M
87/100
2nd
Logo for Kraken
Kraken
2011, Cheyenne (United States), Series D
Cryptocurrency exchange platform that allows users to buy, sell, trade, and stake digital
$867M
86/100
3rd
Logo for N26
N26
2013, Berlin (Germany), Series E
Provider of mobile banking services, including savings, investment, and crypto
$1.72B
83/100
4th
Logo for Bitso
Bitso
2014, Mexico City (Mexico), Series C
Online trading and exchange platform for cryptocurrency
$331M
82/100
5th
Logo for KuCoin
KuCoin
2017, Mahe (Seychelles), Series A
Cryptocurrency exchange and trading platform
$180M
82/100
6th
Logo for CoinList
CoinList
2017, San Francisco (United States), Series A
App-based trading platform for cryptocurrency
$119M
81/100
7th
Logo for Wealthsimple
Wealthsimple
2014, Toronto (Canada), Series F
Provider of financial services including investing, trading, saving, and borrowing
$1.29B
78/100
8th
Logo for SwissBorg
SwissBorg
2016, Lausanne (Switzerland), Series A
B2B robo advisory and crypto wealth management solution
$27M
77/100
9th
Logo for Voyager
Voyager
2017, New York City (United States), Public
App-based trading platform for cryptocurrency
-
73/100
10th
Logo for Mercado Bitcoin
Mercado Bitcoin
2013, Sao Paulo (Brazil), Series B
Online trading platform for cryptocurrency
$238M
72/100
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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:lockFilter this list
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
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Reports related to Bitso

Here is the latest report on Bitso's sector:

News related to Bitso

lockFilter this list
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.
Bitso Expands B2B Business in Peru, ChileCrowdfund InsiderAug 29, 2025Bitso
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FAQs about Bitso

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