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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
Social
XFacebook
Email ID
*****@striga.com
Key Metrics
Founded Year
2017
Location
Tallinn, Estonia
Stage
Acquired
Total Funding
$125K in 2 rounds
Latest Funding Round
Investors
Ranked
Annual Revenue
€0 - €1M as on Dec 31, 2022
Employee Count
6 as on Sep 30, 2026
Similar Companies
Exit Details
Acquired by Lightspark (Oct 14, 2025)

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
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Striga's founders and board of directors

Founder? Claim Profile
The 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:

Striga's employee count trend

Striga has 6 employees as of Sep 26. Here is Striga's employee count trend over the years:
Employee count trend for Striga
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Phantom
Phantom
2021, San Francisco (United States), Series C
Provider of a self-custodial cryptocurrency wallet with multi-chain support
$277M
78/100
2nd
Logo for Ripio
Ripio
2013, George Town (Cayman Islands), Series B
Online reseller of Bitcoins
$53.1M
75/100
3rd
Logo for imToken
imToken
2016, Singapore (Singapore), Series B
Digital asset wallet for cryptocurrency exchange
$40M
73/100
4th
Logo for Exodus
Exodus
2015, Omaha (United States), Public
Colocation, managed hosting, enterprise cloud & IT solutions
-
72/100
5th
Logo for Bitget
Bitget
2018, Cayman Islands, Series B
Provider of a community-based cryptocurrency and digital asset exchange
$20M
72/100
6th
Logo for Rainbow
Rainbow
2019, New York City (United States), Series A
Mobile wallet for cryptocurrencies
$21M
71/100
7th
Logo for MetaMask
MetaMask
2015, San Francisco (United States), Funding Raised
Developer of a platform for managing digital assets and blockchain interactions
-
69/100
8th
Logo for Trust Wallet
Trust Wallet
2005, San Francisco (United States), Acquired
App-based wallet to send, receive and store digital assets
-
68/100
9th
Logo for Deblock
Deblock
2022, Lille (France), Series A
Platform offering a self-custodial cryptocurrency wallet
$59.7M
68/100
10th
Logo for TRON
TRON
2017, Singapore (Singapore), Funding Raised
Blockchain-based explorer and wallets for cryptocurrencies
-
68/100
18th
Logo for Striga
Striga
2017, Tallinn (Estonia), Acquired
Online platform enabling businesses to offer crypto-based banking services
$125K
61/100
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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

lockFilter this list
Media has covered Striga for a total of 5 events in the last 1 year, 3 of them have been about partnerships.
•
Americans Acquired Startup Created by Estonian E-residentDelovõje Vedomosti•Oct 19, 2025•Striga
•
Ozuma debuts crypto neobank in Europe with StrigaThe Paypers•Jan 17, 2025•Striga
•
Bitwala relaunches via partnership with StrigaThe Paypers•Nov 09, 2023•Bitwala, Striga
•
Striga Launches new APIs for Fintech and Crypto AppsThe Fintech Times•Jan 12, 2023•Striga
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FAQs about Striga

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