Zipmex - About the company
Zipmex is a series B company based in Singapore (Singapore), founded in 2018 by Marcus Lim. It operates as an App-based exchange platform for cryptocurrency. Zipmex has raised $62.9M in funding from investors like Krungsri Finnovate, Master Ad and Jump Capital, with a current valuation of $*****. The company has 1966 active competitors, including 188 funded and 66 that have exited. Its top competitors include companies like Binance, Blockchain and Uphold.
Company Details
App-based exchange platform for cryptocurrency. It allows users to create personalized investment portfolios to start investing in multiple digital assets. It provides real-time transactions with multi-layer authentication and also supports margin trading on a selected range of cryptocurrencies. The app is available for both Android and iOS platforms.
- Website
- zipmex.com
- Email ID
- *****@zipmex.com
Key Metrics
Founded Year
2018
Location
Singapore, Singapore
Stage
Series B
Total Funding
$62.9M in 5 rounds
Latest Funding Round
Post Money Valuation
$***** as on Oct 01, 2019
Investors
Ranked
85th among 1966 active competitors
Employee Count
52 as on Apr 30, 2026
Investment & Acquisitions
Legal entities associated with Zipmex
Zipmex is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ZIPMEX ASIA PTE. LTD. CIN: 201702143Z , Singapore, Active | Dec 31, 2017 | - | - | |
Zipmex Pte. Ltd CIN: 201830972H , Singapore, Active | Dec 31, 2017 | - | - |
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Zipmex's funding and investors
Zipmex has raised a total funding of $62.9M over 5 rounds. Its first funding round was on Jan 2019. Its latest funding round was a Series B round on Mar 22, 2022 for $*****. 5 investors participated in its latest round. Zipmex has 13 institutional investors.
Here is the list of recent funding rounds of Zipmex:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 22, 2022 | 6741929 | Series B | 8541365 | 1085582 | 3309727 | 6064408 |
Aug 31, 2021 | 5546950 | Series B | 2099083 | 3810562 | 6436516 | |
Jan 11, 2021 | 6684680 | Series A | 6696060 | 9190463 | 7517539 |
View details of Zipmex's funding rounds and investors
Zipmex's founders and board of directors
Founder? Claim ProfileThe founders of Zipmex is Marcus Lim. Marcus Lim is the CEO of Zipmex.
Here are the details of Zipmex's key team members:
- Marcus Lim: Co-Founder & CEO of Zipmex. They serve on the board of 1 company.
Zipmex's Board of Directors
Zipmex's board has 1 active member. Marcus Lim is part of team.Here is the list of Zipmex's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 5y 11m | |
uwfublu | Independent board member | - | Past | 9y 4m |
efzyngv | Independent board member | - | Past | 4y 6m |
ygwtltz | Independent board member | - | Past | 1y 8m |
gfrtqjz | Independent board member | - | Past | 4y 5m |
z{qdvmw | Independent board member | - | Past | 7y 4m |
zyxeeab | Independent board member | - | Past | 8y 9m |
wbdafyi | Independent board member | - | Past | 5y 3m |
View details of Zipmex's Founder profiles and Board Members
Zipmex's employee count trend
Zipmex has 52 employees as of Apr 26. Here is Zipmex's employee count trend over the years:
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Zipmex's Competitors and alternates
Top competitors of Zipmex include Binance, Blockchain and Uphold. Here is the list of Top 10 competitors of Zipmex, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Binance 2017, Abu Dhabi (United Arab Emirates), Series C | Online exchange platform for cryptocurrency | $2.02B | 86/100 | |
2nd | Blockchain 2011, London (United Kingdom), Acquired | App-based platform for exchange and trading solutions for cryptocurrency | $700M | 85/100 | |
3rd | Uphold 2013, London (United Kingdom), Series B | App-based wallet and exchange platform for cross-border money transfers | $73.4M | 82/100 | |
4th | Uniswap 2018, New York City (United States), Series B | Provider of a decentralized exchange platform for cryptocurrency | $176M | 80/100 | |
5th | Gemini 2014, New York City (United States), Public | Platform offering crypto exchange solutions | $424M | 79/100 | |
6th | PDAX 2017, Makati (Philippines), Series B | Online exchange platform for cryptocurrencies | $62.5M | 77/100 | |
7th | Online platform for trading in cryptocurrency | $1.73B | 77/100 | ||
8th | Cryptocurrency exchange and trading service provider | $247M | 76/100 | ||
9th | CoinSwitch 2017, Bengaluru (India), Series C | Broker-based online crypto trading and exchange platform | $302M | 75/100 | |
10th | Bitstamp 2011, London (United Kingdom), Acquired | App-based platform for cryptocurrency exchange | $11.4M | 75/100 | |
85th | App-based exchange platform for cryptocurrency | $62.9M | 50/100 |
Looking for more details on Zipmex's competitors? Click here to see the top ones
Zipmex's Investments and acquisitions
Zipmex has made 3 investments including Powerbomb Finance, Ex Populus and Atato. Zipmex has not made any acquisitions as of now.Here is the list of its investments:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Mar 10, 2022 | Investments | 2021 | Managua (Nicaragua) | |
Oct 28, 2021 | Investments | 2015 | San Francisco (United States) | |
May 06, 2021 | Investments | 2017 | Singapore (Singapore) |
See all investments by Zipmex
Reports related to Zipmex
Here is the latest report on Zipmex's sector:
News related to Zipmex
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Blockchain Founders Fund Raises $75M to Invest in Web3, Blockchain StartupsBlockworks•Aug 07, 2024•Blockchain Founders Fund, NGC Ventures, AppWorks, GSR and 6 others
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Troubled crypto platform Zipmex appoints liquidator to wind up operationsShareandstocks•May 07, 2024•Zipmex
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Withers KhattarWong Successfully Obtains Court Order To Wind Up Zipmex Singapore.Conventuslaw•Mar 01, 2024•Withersworldwide, Zipmex
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ZipMex offers creditors 3.35 cents per dollar owed in $97 million fiascolacriptomoneda.info•Nov 30, 2023•Zipmex
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It's not a coincidence. Another large cryptocurrency exchange suspends operationsgospodarka.sos.pl•Nov 26, 2023•Zipmex
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