When was Coinify founded?

Coinify was founded in 2014 and raised its 1st funding round within a year of its incorporation.

Where is Coinify located?

Coinify is headquartered in Copenhagen, Denmark.

Who is the current CEO of Coinify?

Mark Hojgaard of Coinify. They have also founded 1 company.

Which legal entities is Coinify associated with?

Coinify is associated with Coinify ApS and 1 other.

How many employees does Coinify have?

As of Aug 31, 2026, the latest employee count at Coinify is 24.

Is Coinify a funded company?

Coinify is a funded company, having raised a total of $18.3M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 12, 2014.

When was the latest funding round of Coinify?

Coinify's latest funding was a $***** Series A round on Aug 01, 2021, with participation from 0 investor.

Where does Coinify rank among its competitors?

Coinify ranks 8th amongst 258 active competitors, of which 36 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Ripple, which secured $275M in Aug, 2026.

Who are the top competitors of Coinify?

Coinify's top competitors include Ripple, BitPay and IOTA. Among them, Ripple secured the most recent funding round in August, 2026.

Coinify - 2026 Company Profile, Team, Funding, Competitors & Financials

Coinify is an acquired company based in Copenhagen (Denmark), founded in 2014 by Hans Henrik Hoffmeyer and Mark Hojgaard. It operates as a Crypto-based payment solution for consumers and businesses. Coinify has raised $18.3M in funding from investors like Seed Capital, SEB and Accelerace, with last known valuation of $*****. The company has 258 active competitors, including 36 funded and 13 that have exited. Its top competitors include companies like Ripple, BitPay and IOTA.

Company Details

Coinify provides a crypto-based payment solution for consumers and businesses. It provides a solution that enables businesses to accept virtual currency payments. It offers a solution for card issuers and wallets that accept user top-ups from multiple virtual currencies via API integration. Also offers virtual currency trading solutions for wallet partners and a solution for sending invoices & accepting payments in virtual currencies.

Website: www.coinify.com/
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Key Metrics

Founded Year

2014

Location

Copenhagen, Denmark

Stage

Acquired

Total Funding

$18.3M in 6 rounds

Latest Funding Round

Series A, Aug 01, 2021, $*****

Last Known Valuation

$***** as on Aug 03, 2021

Investors

Seed Capital & 7 more

Ranked

8^th among 258 active competitors

Employee Count

24 as on Aug 31, 2026

Investment & Acquisitions

BetterCoins & 3 more

Similar Companies

Ripple & 309 more

Exit Details

Acquired by Acesion Pharma (Aug 16, 2022)

View Coinify's full profile

Coinify is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
ASCENSION ApS CIN: 25348559 , Denmark, Active	Dec 03, 2013	-	-
Coinify ApS CIN: 35847995 , Denmark, Active	Apr 30, 2014	-	38 (As on Nov 30, 2024)

Coinify got acquired by Acesion Pharma on Aug 16, 2022.

Click here to take a look at Coinify's acquisition in detail

Coinify has raised a total funding of $18.3M over 6 rounds. Its first funding round was on Sep 12, 2014. Coinify has 8 institutional investors.

Here is the list of recent funding rounds of Coinify:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 01, 2021	9377331	Series A	1979818	8761480	8347276	3592026
May 21, 2019	2815947	Series A	5081021	9880934	4296486	3839800
Dec 26, 2017	8602219	Series A	4993506	6901088	Fiftyfive Capital	SEB & 1 more

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View details of Coinify's funding rounds and investors

The founders of Coinify are Hans Henrik Hoffmeyer and Mark Hojgaard. Mark Hojgaard is the CEO of Coinify.

Here are the details of Coinify's key team members:

Hans Henrik Hoffmeyer: Co-Founder & COO of Coinify and founder of 1 other company. They serve on the boards of 3 companies.
Mark Hojgaard: Co-Founder & CEO of Coinify and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 4 email addresses

Coinify's Board of Directors

Coinify's board has 6 active members. Hans Henrik Hoffmeyer, Mark Hojgaard and Michael Tandrup are part of team and Lars Andersen, Susanne Bahn and Alfred Walter Moeckli are independent board members.

Here is the list of Coinify's board of directors:

Name	Type	Representing	Status	Duration
Hans Henrik Hoffmeyer	Team	-	Current	9y 7m
Mark Hojgaard	Team	-	Current	11y 10m
Michael Tandrup	Team	-	Current	6y 5m
Lars Andersen	Independent board member	-	Current	10y 1m
{donqvm	Independent board member	-	Current	3y 3m
hyuuvqk	Independent board member	-	Current	7y 1m

View details of Coinify's Founder profiles and Board Members

Coinify's employee count trend

Coinify has 24 employees as of Aug 26. Here is Coinify's employee count trend over the years:

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Top competitors of Coinify include Ripple, BitPay and IOTA. Here is the list of Top 10 competitors of Coinify, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ripple 2012, San Francisco (United States), Series D	Provider of blockchain and financial infrastructure solutions for cross-border payments and digital asset custody	$853M	China Growth Capital, AME Cloud Ventures ... & 105 others	80/100
2nd	BitPay 2011, Atlanta (United States), Series B	App-based crypto payment management solutions for individuals and businesses	$103M	Aquiline Capital Partners, Aquiline Technology Growth ... & 35 others	77/100
3rd	IOTA 2016, Berlin (Germany), Seed	Developer of a decentralized infrastructure for building and securing digital applications	-	Rhapsody Ventures, Blockchain R&I & 11 others	69/100
4th	Zebec 2021, San Francisco (United States), Series A	Platform for payments and financial transactions for cryptocurrency	$29.5M	Republic Capital, Breyerlabs & 34 others	64/100
5th	Fnality 2019, London (United Kingdom), Series C	Operator of decentralized payment systems for wholesale financial transactions	$136M	Temasek, Citi & 20 others	63/100
6th	StraitsX 2020, Singapore (Singapore), Series A	API-based digital asset payment solution for individuals and businesses	$10M	UQPAY, docomo.ne.jp	63/100
7th	TransFi 2022, Tampa (United States), Series A	Web3 payment platform designed for the purchase of digital assets	$16.6M	Titan Capital, Everywhere & 2 others	61/100
8th	Coinify 2014, Copenhagen (Denmark), Acquired	Crypto-based payment solution for consumers and businesses	$18.3M	SEB, Gecad Ventures & 6 others	57/100
9th	Bitnob 2017, Lagos (Nigeria), Funding Raised	Platform providing payment solutions for individuals and businesses	-	Acuity Ventures, Flourish & 4 others	56/100
10th	RYVYL 2017, San Diego (United States), Public	Blockchain infrastructure solutions for payments and banking	-	-	55/100

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Coinify has not made any investments yet. Coinify has made 4 acquisitions.

Here is the list of latest three $acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Dec 14, 2018	Acquisition	BetterCoins	2017	Herlev (Denmark)
Aug 13, 2015	Acquisition	Coinzone	2014	Amsterdam (Netherlands)
Sep 25, 2014	Acquisition	BIPS	2011	Copenhagen (Denmark)