# Babel Finance: Financial services, Hong Kong, Hong Kong SAR China

> Babel Finance: Babel Finance is a global cryptocurrency financial institution founded in 2018 and headquartered in Hong Kong, with a secondary office in...

Source: https://millionrounds.com/startup/babel-finance (Millionrounds; every figure on the page links to its filing or article)

Hong Kong SAR China · [Financial services startup](https://millionrounds.com/companies)

# Babel Finance

Babel Finance is a global cryptocurrency financial institution founded in 2018 and headquartered in Hong Kong, with a secondary office in Singapore.

Funding reported Last round: Series B

Financial services Hong Kong, Hong Kong SAR China

Company summary

- **Founded:** 2018 8 years old
- **Team:** 25 11 to 50 people
- **Funding reported:** 122M as listed, currency not stated
- **Last round:** Series B May 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Babel Finance has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Babel Finance

Babel Finance is a global cryptocurrency financial institution founded in 2018 and headquartered in Hong Kong, with a secondary office in Singapore.

The company was co-founded by Flex Yang and Delbert Wang, aiming to provide crypto-financial services comparable to traditional financial institutions. Babel Finance specializes in professional crypto-asset financial services for institutional investors and ultra-high-net-worth individuals. The firm focuses on Bitcoin, Ethereum, and stablecoins, offering services such as crypto lending, asset management, and prime financing. Its product suite includes cryptocurrency-backed loans, structured asset management, prime brokerage, and derivatives strategies. Babel Finance also provides specialized platforms like Babel Mining and Babel Labs, catering to the unique needs of its select clientele, which includes approximately 500 customers globally.

## What company datasets say Babel Finance raised

Funding, as reported

Reported in all **122M** in the source's currency

Rounds **4**

Last round **Series B**

Last round size **80M**

Last round date **May 2022**

Investors listed **5**

Valuation **$2.0B, Mar 2026**

## The company, in detail

What they build

Known for

information technology & services financial services fintech services b2b finance technology

- **Sector:** Financial services
- **Industry code:** NAICS 523940, 523999
- **Region:** Hong Kong Island
- **Revenue:** 14.3M a year, as listed

## Financial services in Hong Kong SAR China

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- [**HashKey Exchange** founded 2018](https://millionrounds.com/startup/hashkey-exchange-2)

## Is this your company?

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