When was IBEX founded?

IBEX was founded in 2018 and raised its 1st funding round 4 years after it was founded.

Where is IBEX located?

IBEX is headquartered in Miami, United States.

Who is the current CEO of IBEX?

Jose Lemus of IBEX. They have also founded 1 company.

How many employees does IBEX have?

As of Jul 31, 2026, the latest employee count at IBEX is 64.

Is IBEX a funded company?

IBEX is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Apr 04, 2022.

How much is IBEX worth?

The latest valuation of IBEX is $***** as of Apr 04, 2022.

When was the latest funding round of IBEX?

IBEX's latest funding was a $***** Seed round on Apr 04, 2022, with participation from 4 investors.

Where does IBEX rank among its competitors?

IBEX ranks 5th amongst 90 active competitors, of which 16 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Paxos, which secured an undisclosed amount in Jan, 2026.

Who are the top competitors of IBEX?

IBEX's top competitors include Polygon, Flashbots and Nexus Mutual. Among them, Paxos secured the most recent funding round in January, 2026.

IBEX - 2026 Company Profile, Team, Funding & Competitors

IBEX is a seed company based in Miami (United States), founded in 2018 by Jose Lemus. It operates as a Provider of API for building DeFi apps. IBEX has raised $4M in funding from Stillmark, with a current valuation of $*****. The company has 90 active competitors, including 16 funded and 3 that have exited. Its top competitors include companies like Polygon, Flashbots and Nexus Mutual.

Company Details

Provider of API for building DeFi apps. The company connects banks, businesses, and the world's most financially excluded people to bitcoin via the lightning network, enabling clients to create global cross-currency and cross-border micropayments with bitcoin.

Website: www.poweredbyibex.io/
Social
Email ID: *****@ibexmercado.com

Key Metrics

Founded Year

2018

Location

Miami, United States

Stage

Seed

Total Funding

$4M in 1 round

Latest Funding Round

Seed, Apr 04, 2022, $*****

Post Money Valuation

$***** as on Apr 04, 2022

Investors

Stillmark & 3 more

Ranked

5^th among 90 active competitors

Employee Count

64 as on Jul 31, 2026

Similar Companies

Polygon & 82 more

View IBEX's full profile

IBEX has raised a total funding of $4M over 1 round. Its latest funding round was a Seed round on Apr 04, 2022 for $*****. 4 investors participated in its latest round. IBEX has 4 institutional investors.

Here is the list of recent funding rounds of IBEX:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 04, 2022	8767401	Seed	4834214	2020561	2119600	8462866

Access funding benchmarks and valuations. Sign up today!

View details of IBEX's funding rounds and investors

The founders of IBEX is Jose Lemus. Jose Lemus is the CEO of IBEX.

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

Jose Lemus: Co-Founder & CEO of IBEX.
Contact Info: 1 email address

View details of IBEX's Founder profiles and Board Members

IBEX's employee count trend

IBEX has 64 employees as of Jul 26. Here is IBEX's employee count trend over the years:

Uncover IBEX's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of IBEX include Polygon, Flashbots and Nexus Mutual. Here is the list of Top 10 competitors of IBEX, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Polygon 2017, George Town (Cayman Islands), Series B	Developer of scalable blockchain interoperability protocols	$451M	Peak XV Partners, Coinbase & 65 others	80/100
2nd	Flashbots 2020, Cayman Islands, Series B	Blockchain Research & Development Organization	$60M	Paradigm, Blockchain Coinvestors & 11 others	62/100
3rd	Nexus Mutual 2017, London (United Kingdom), Seed	Blockchain-based P2P insurance platform for individuals	$259K	KR1, Blockchain Coinvestors & 7 others	52/100
4th	ALMANAK 2022, Zurich (Switzerland), Series A	Governance platform for optimizing decentralized finance and gaming projects	$8.45M	AppWorks, Bankless Ventures & 7 others	51/100
5th	IBEX 2018, Miami (United States), Seed	Provider of API for building DeFi apps	$4M	Fulgur Ventures, Hivemind & 2 others	38/100
6th	Instadapp 2018, Hyderabad (India), Series A	Developer of decentralized finance protocols and smart contract wallet infrastructure	$12.4M	Standard Crypto, Coinbase & 14 others	45/100
7th	Paxos 2025, New York (United States), Seed	Developer of infrastructure for stablecoin issuance yield and credit markets	$12M	Blockchain Capital, Cathay Innovation & 3 others	45/100
8th	Stratumn 2015, Paris (France), Series A	Development platform for blockchain applications	$9.71M	Open CNP, Nasdaq & 4 others	45/100
9th	Acorn Protocol 2019, Funding Raised	Blockchain-based ecosystem for open network collaboration	-	-	42/100
10th	Grwth Lbs 2020, Seed	Provider of a self-custodial digital wallet with integrated debit card	$7.1M	Galaxy, Framework Ventures & 4 others	40/100