Subscribe to Our Newsletter

Success! Now Check Your Email

To complete Subscribe, click the confirmation link in your inbox. If it doesn't arrive within 3 minutes, check your spam folder.

Ok, Thanks

Philippines-based crypto firm Coins.ph raises $30 million

Coins.ph, [https://coins.ph/] a fiat and crypto wallet service provider based in the Philippines has raised $30 million in its Series C funding round led by Ribbit Capital with participation from other investors. * The funds will help the company to scale its web3 ecosystem, P2E gaming and crypto-related

Oluwajuwonlo Afolabi profile image
by Oluwajuwonlo Afolabi
Philippines-based crypto firm Coins.ph raises $30 million
Photo by Jeremy Bezanger / Unsplash

Coins.ph, a fiat and crypto wallet service provider based in the Philippines has raised $30 million in its Series C funding round led by Ribbit Capital with participation from other investors.

  • The funds will help the company to scale its web3 ecosystem, P2E gaming and crypto-related services in Southeast Asia, it claims.
  • The firm plans to add more cryptocurrency tokens, relaunch its exchange (Coins.Pro), offer increased crypto-driven merchant and payment services and enter new markets.
  • Launched in 2014, Coins.ph is a crypto brand that offers app-based buying and selling of cryptocurrencies and wide-scale financial services in the Philippines.
  • The central bank licensed crypto platform currently has over 16 million users and is regulated by Bangko ng Pilipinas (BSP).
Oluwajuwonlo Afolabi profile image
by Oluwajuwonlo Afolabi

Subscribe to Techloy.com

Get the latest information about companies, products, careers, and funding in the technology industry across emerging markets globally.

Success! Now Check Your Email

To complete Subscribe, click the confirmation link in your inbox. If it doesn’t arrive within 3 minutes, check your spam folder.

Ok, Thanks

Read More