BRD Raises $15M in Series B Funding

brdBRD, a Zurich, Switzerland-based secure cryptocurrency mobile wallet, raised $15m in Series B financing.

The funds came from SBI Crypto Investment, a wholly owned subsidiary of SBI Holdings, based in Tokyo, Japan.

The company intends to use the funds to accelerate international expansion in Asia and Europe and to scale its technology platform.

Led by Adam Traidman, CEO and Co-founder, BRD provides consumers a secure way to buy and protect bitcoin and other cryptocurrencies. Its crypto apps are available for both iOS and Android in over 170 countries. With over 1.8M customers worldwide, the company has accumulated $6B USD of crypto assets under protection
Its crypto apps are available for both iOS and Android in over 170 countries. With over 1.8M customers worldwide, BRD has accumulated $6B USD of crypto assets under protection.
A just announced partnership with Coinify will enable BRD to provide the most secure and a low-cost way to purchase bitcoin in the 34 countries across the SEPA region using bank accounts.

Launched in 2015, the company is venture-backed having raised $55M from top investors focused on banking, FinTech, and the blockchain.

FinSMEs

28/01/2019

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