Bitso - About the company
Bitso is a series C company based in Mexico City (Mexico), founded in 2014 by Daniel Vogel 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 2132 active competitors, including 215 funded and 45 that have exited. Its top competitors include companies like Coinbase, KuCoin and CoinList.
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
Key Metrics
Founded Year
2014
Location
Mexico City, Mexico
Stage
Series C
Total Funding
$331M in 8 rounds
Latest Funding Round
Post Money Valuation
$2.2B as on May 05, 2021
Ranked
2nd among 2132 active competitors
Employee Count
1,029 as on Jul 31, 2026
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Bitso's funding and investors
Bitso has raised a total funding of $331M over 8 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 40 institutional investors.
Here is the list of recent funding rounds of Bitso:
Filter this list
Filter this listDate 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 ProfileHere 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
- Pablo Gonzalez: Co-Founder of Bitso. They are also an angel investor in 1 startup.Contact Info: 1 email address
View details of Bitso's Founder profiles and Board Members
Bitso's employee count trend
Bitso has 1,029 employees as of Jul 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, KuCoin and CoinList. 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 | Online trading and exchange platform for cryptocurrency | $331M | 83/100 | ||
3rd |  KuCoin 2017, Mahe (Seychelles), Series A | Cryptocurrency exchange and trading platform | $180M | 82/100 | |
4th |  CoinList 2017, San Francisco (United States), Series A | App-based trading platform for cryptocurrency | $119M | 80/100 | |
5th | Provider of mobile banking services, including savings, investment, and crypto | $1.72B | 78/100 | ||
6th | Wealthsimple 2014, Toronto (Canada), Series F | Provider of financial services including investing, trading, saving, and borrowing | $1.29B | 77/100 | |
7th |  Sygnum 2017, Zurich (Switzerland), Series C | Digital asset banking platform offering a range of services including trading, custody, staking, and tokenization of assets | $218M | 75/100 | |
8th | App-based platform for storing, buying, and selling digital assets and cryptocurrencies | $154M | 74/100 | ||
9th |  Voyager 2017, New York City (United States), Public | App-based trading platform for cryptocurrency | - | 73/100 | |
10th |  SwissBorg 2016, Lausanne (Switzerland), Series A | B2B robo advisory and crypto wealth management solution | $27M | 73/100 |
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Bitso's Investments and acquisitions
Bitso has made 6 investments in companies including Cordant and Checker. Bitso has also acquired 2 companies including Quedex and Unisend.Here is the list of investments & acquisitions:Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jul 21, 2026 | Investments | 2026 | New York City (United States) | |
May 19, 2026 | Investments | 2023 | New York City (United States) | |
Mar 31, 2026 | Investments | 2018 | Spring (United States) |
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Reports related to Bitso
Here is the latest report on Bitso's sector:
News related to Bitso
Filter this listMedia has covered Bitso for a total of 17 events in the last 1 year, 7 of them have been about company updates and 4 about partnerships.
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MXNB Lands on Ripple XRPL Permissioned DEX for USD/MXN SettlementCoinspeaker•Jun 24, 2026•Bitso, Ripple
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Ripple Expands Stablecoin RLUSD to Turkey via Partnerships with BiLira, Bitexen, and BitloCoinDesk•Jun 02, 2026•Bitlo, Bitexen, BiLira Technology, Ripple and 1 other
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Checker Raises $8M from Galaxy Ventures, Al Mada Ventures and Framework Ventures to Unify Fragmented Digital Asset Markets for InsMedia Bulletins•May 19, 2026•Checker, Al Mada Ventures, Galaxy, Framework Ventures and 11 others
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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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