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Xapo
Bitcoin technology company that able users to send, receive, spend and store their money globally and safely
About Xapo
Xapo is a financial technology company that aims to revolutionize the way people manage and store their money, particularly through the use of Bitcoin and other cryptocurrencies. The company operates in the global digital banking market, providing services that make it easy and safe to buy, manage, and store Bitcoin. Xapo's mission is to democratize money and empower people everywhere by breaking down financial barriers and opening new opportunities for everyone.
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Xapo primarily serves individuals and businesses who are looking for a secure and efficient way to handle their funds, whether they are in developed or developing countries. The platform is especially beneficial for those who need to send and receive money across borders quickly and securely. Clients can use Xapo to convert and store their money in any traditional currency, or to send and receive money as fast as a text message.
The business model of Xapo revolves around providing a digital banking experience through its app. Users can buy Bitcoin, store it securely in Xapo's ultra-secure Vaults, and manage their funds with ease. The company makes money through transaction fees, currency conversion fees, and potentially through other financial services offered within the app.
Xapo's key selling points include its high-security measures, global accessibility, and user-friendly interface. The platform ensures that users' funds are always safe and accessible, no matter where they are in the world. This makes Xapo a reliable alternative to traditional banking, especially for those who face difficulties accessing financial services.
In summary, Xapo is a digital banking platform that leverages cryptocurrency to provide secure, fast, and accessible financial services to a global audience. It serves individuals and businesses looking for efficient ways to manage their money, particularly in cross-border transactions.
At a glance
- Status
- Acquired
- Founded
- 2014
- Headquarters
- Palo Alto, United States
- Employees
- 132
- Open positions
- None listed
- Dealroom signal
- 61.3/100
- Industry
- Fintech
- Sub-industry
- Crypto and DeFi, Banking
- Sector
- Fintech, Bitcoin, Personal Finance, Retail, Security, Currency Exchange, Cash Management, Money Transfer, Decentralised Applications
- Technology
- Blockchain, Mobile app
- Client focus
- b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Aug 2019 | $55M | — | Coinbase | ↗ |
| SERIES B✓Equity / VC | Jul 2014 | $20M | $80M | Winklevoss Capital · Max Levchin · Yuri Milner · Blockchain Capital | — |
Growth signals
Latest recorded traffic for Xapo is 17K monthly website visits, up 6.3% over the last three months. Xapo's team grew 0% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A15 investors entered at this stage
Fortress Investment Group
Benchmark
Greylock Partners
Index Ventures
Digital Currency Group
Pantera Capital
Ribbit Capital
Slow Ventures
Endeavor Catalyst
Winklevoss Capital
Max Levchin
Yuri Milner
Blockchain Capital
Emergence
AME Cloud Ventures
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Xapo on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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