Striga - About the company
Striga is an acquired company based in Tallinn (Estonia), founded in 2017 by Prashanth Balasubramanian and Bernardo Magnani. It operates as an Online platform enabling businesses to offer crypto-based banking services. Striga has raised $125K in funding from Brinc. The company has 900 active competitors, including 81 funded and 28 that have exited. Its top competitors include companies like Phantom, Ripio and imToken.
Company Details
Online platform enabling businesses to offer crypto-based banking services. It is a platform with a single set of APIs that gives users access to Bitcoin, lightning account creation, management and tying it to mainstream European payment instruments – IBANs, cards and more.
- Website
- striga.com
- Email ID
- *****@striga.com
Key Metrics
Founded Year
2017
Location
Tallinn, Estonia
Stage
Acquired
Total Funding
$125K in 2 rounds
Latest Funding Round
Ranked
18th among 900 active competitors
Annual Revenue
€0 - €1M as on Dec 31, 2022
Employee Count
6 as on Sep 30, 2026
Exit Details
Acquired by Lightspark (Oct 14, 2025)
Legal entities associated with Striga
Striga is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Striga OÜ CIN: 16400380 , Estonia, Active | Dec 26, 2021 | - | - | |
STRIGA TECHNOLOGY OÜ CIN: 16298772 , Estonia, Active | Aug 23, 2021 | €0 - €1M (As on Dec 31, 2022) | 9 (As on Sep 30, 2024) |
Striga's acquisition details
Striga got acquired by Lightspark on Oct 14, 2025.
Click here to take a look at Striga's acquisition in detail
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Striga's funding and investors
Striga has raised a total funding of $125K over 2 rounds. Its first funding round was on Nov 29, 2018. Its latest funding round was a Seed round on 2021 for $*****. 1 investor participated in its latest round. Striga has 9 institutional investors.
Here is the list of recent funding rounds of Striga:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
2021 | 1706 | Seed | 9980 | 7429 | 9086 | 7179 |
Nov 29, 2018 | 4766356 | Seed | 5908673 | 5434975 | 1769855 |
View details of Striga's funding rounds and investors
Striga's founders and board of directors
Founder? Claim ProfileThe founders of Striga are Prashanth Balasubramanian and Bernardo Magnani. Prashanth Balasubramanian is the CEO of Striga.
Here are the details of Striga's key team members:
- Prashanth Balasubramanian: Co-Founder & CEO & CTO of Striga.
- Bernardo Magnani: Former Co-Founder of Striga. Contact Info: 1 email address
View details of Striga's Founder profiles and Board Members
Striga's employee count trend
Striga has 6 employees as of Sep 26. Here is Striga's employee count trend over the years:
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Striga's Competitors and alternates
Top competitors of Striga include Phantom, Ripio and imToken. Here is the list of Top 10 competitors of Striga, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Phantom 2021, San Francisco (United States), Series C | Provider of a self-custodial cryptocurrency wallet with multi-chain support | $277M | 78/100 | |
2nd | Ripio 2013, George Town (Cayman Islands), Series B | Online reseller of Bitcoins | $53.1M | 75/100 | |
3rd | Digital asset wallet for cryptocurrency exchange | $40M | 73/100 | ||
4th | Exodus 2015, Omaha (United States), Public | Colocation, managed hosting, enterprise cloud & IT solutions | - | 72/100 | |
5th | Bitget 2018, Cayman Islands, Series B | Provider of a community-based cryptocurrency and digital asset exchange | $20M | 72/100 | |
6th | Rainbow 2019, New York City (United States), Series A | Mobile wallet for cryptocurrencies | $21M | 71/100 | |
7th | MetaMask 2015, San Francisco (United States), Funding Raised | Developer of a platform for managing digital assets and blockchain interactions | - | 69/100 | |
8th | Trust Wallet 2005, San Francisco (United States), Acquired | App-based wallet to send, receive and store digital assets | - | 68/100 | |
9th | Platform offering a self-custodial cryptocurrency wallet | $59.7M | 68/100 | ||
10th | Blockchain-based explorer and wallets for cryptocurrencies | - | 68/100 | ||
18th | Online platform enabling businesses to offer crypto-based banking services | $125K | 61/100 |
Looking for more details on Striga's competitors? Click here to see the top ones
Striga's Investments and acquisitions
Striga has made no investments or acquisitions yet.
Reports related to Striga
Here is the latest report on Striga's sector:
News related to Striga
Media has covered Striga for a total of 5 events in the last 1 year, 3 of them have been about partnerships.
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Lithic and Lightspark Partner to Power Global Card Program on Stablecoin Settlement RailsLightspark•Aug 05, 2026•Striga
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Lightspark Joins Solana Developer Platform as an Infrastructure PartnerLightspark•Mar 24, 2026•Striga
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Lightspark and Cross River Partner to Power 24/7 Real-Time Fiat Payments Through BitcoinLightspark•Feb 18, 2026•Striga
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Lightspark Acquires Striga and takes a new step towards instant, global and regulated paymentsGlobeNewswire•Oct 14, 2025•Lightspark, Striga
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