Company Overview
Snapshot
Founded in January 2017 by Amram Adar and Aharon Miller, Oobit operates with 51–200 employees. The company has raised a total of $28 million across two funding rounds. In February 2024, Oobit secured a Series A funding round.
Business overview
Oobit is a Fintech & Insurtech company specializing in money transfer and management through its cryptocurrency payment solutions. The company develops a platform that offers various cryptocurrency-related services, including a crypto-to-fiat payment gateway, a KYC (Know Your Customer) solution, and a P2P (peer-to-peer) trading platform. Oobit's technology is designed to enable users to easily access and manage different aspects of their cryptocurrency holdings and transactions, serving markets across Oceania, Asia, the United Kingdom, Europe, Canada, Australia, and the United Arab Emirates.
Strategic signal
This capital injection, involving investors like CMCC Global and Tether Limited Inc, signals strong investor confidence in Oobit's cryptocurrency payment solutions and its potential for growth and expansion within the global fintech landscape. The funding validates Oobit's strategic direction and its role in advancing crypto adoption for everyday transactions.
Log in to access full profile ›Company Intelligence Q&A
- When was Oobit founded?
- Oobit was founded in January 2017 by Amram Adar and Aharon Miller.
- What is Oobit's primary business?
- Oobit develops a platform offering various cryptocurrency-related services, including a crypto-to-fiat payment gateway, a KYC solution, and a P2P trading platform, enabling users to manage cryptocurrency holdings and transactions.
- How much capital has Oobit raised to date?
- Oobit has raised a total of $28 million across two funding rounds.
- What was Oobit's most recent funding event?
- In February 2024, Oobit secured a Series A funding round. Investors included CMCC Global and Tether Limited Inc.
- Where are Oobit's main offices located?
- Oobit has offices in Herzliya, Israel, and Singapore.