# Bitso: Financial services, Mexico City, Mexico

> Bitso: Bitso is the largest cryptocurrency platform in Latin America, evolving over a decade into a comprehensive financial services ecosystem.

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

Mexico · [Financial services startup](https://millionrounds.com/companies)

# Bitso

Bitso is the largest cryptocurrency platform in Latin America, evolving over a decade into a comprehensive financial services ecosystem.

Funding reported Last round: Series C

Financial services Mexico City, Mexico

Company summary

- **Founded:** 2014 12 years old
- **Team:** 550 201 to 1,000 people
- **Funding reported:** 316.4M as listed, currency not stated
- **Last round:** Series C May 2021

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 Bitso 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 Bitso

Bitso is the largest cryptocurrency platform in Latin America, evolving over a decade into a comprehensive financial services ecosystem.

It serves over 8 million users and 1,700 private entities, providing a secure and compliant platform that connects cryptocurrency with traditional finance. As the first internationally regulated crypto-powered financial services provider in the region, Bitso holds a DLT license from the Gibraltar Financial Services Commission. The platform offers a variety of services, including trading over 130 cryptocurrencies, managing local currencies like Mexican Pesos and Brazilian Reais, and facilitating cross-border payments. Bitso also provides remittance and payout solutions using blockchain technology. Its product suite features a mobile and web app for managing crypto assets, a dedicated enterprise division called Bitso Business for global companies, and API access for developers and institutions. Bitso aims to empower individuals and businesses to invest, save, and transact, fostering financial independence across Latin America and beyond.

## What company datasets say Bitso raised

Funding, as reported

Reported in all **316.4M** in the source's currency

Last round **Series C**

Last round size **250M**

Last round date **May 2021**

Valuation **$2.2B, Mar 2026**

## On 9 portfolio pages

Investors who name them

- [Paradigm](https://millionrounds.com/fund/paradigm)
- [Digital Currency Group](https://millionrounds.com/fund/digital-currency-group)
- [Step Ahead Capital](https://millionrounds.com/fund/step-ahead-capital)
- [Xochi Ventures](https://millionrounds.com/fund/xochi-ventures)
- [Valor Capital Group](https://millionrounds.com/fund/valor-capital)
- [1Sharpe Ventures](https://millionrounds.com/fund/1sharpe-ventures)
- [VARIV](https://millionrounds.com/fund/variv-capital)
- [Actions Capital (fka K50 Ventures)](https://millionrounds.com/fund/actions-capital)
- [Broadhaven Venture...](https://millionrounds.com/fund/broadhaven-venture)

Each firm lists Bitso on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

blockchain decentralized finance crypto trading automation decentralized exchanges volatility trading automated portfolio management crypto growth consumers portfolio performance crypto industry cryptocurrencies cryptocurrency trading latin america distribution real-time transactions crypto trading apis

Built with from their website

Docker Adobe Sift Science ChatGPT Google Tag Manager Visual Website Optimizer Amazon CloudFront Hotjar Tableau Envoy

+8 more

HREF Lang AWS Trusted Advisor Atlassian React Native PWA CallMiner Eureka Tailwind TypeScript

- **Sector:** Financial services
- **Industry code:** NAICS 5231, 523210, 523999, SIC 6732
- **Region:** Federal District
- **Revenue:** 100M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/bitso)

## Financial services in Mexico

Startups like it

- [**DolarApp** Mexico City · founded 2021 *Raised*](https://millionrounds.com/company/dolarapp)
- [**Aviva** Mexico City · founded 2022 *Raised*](https://millionrounds.com/company/aviva)
- [**CXC** Mexico City · founded 2005 *Raised*](https://millionrounds.com/company/cxc)
- [**tapi** Mexico City · founded 2022 *Raised*](https://millionrounds.com/company/tapi)
- [**Monato** Mexico City · founded 2024 *Raised*](https://millionrounds.com/company/monato)
- [**EFEX** Ciudad de Mexico · founded 2022 *Raised*](https://millionrounds.com/company/efex)
- [**Fondeadora** Mexico City · founded 2011 *Raised*](https://millionrounds.com/company/fondeadora)
- [**yotepresto.com** Guadalajara · founded 2014 *Raised*](https://millionrounds.com/company/yotepresto-com)

## Is this your company?

Add your raise, your deck and your story, and put Bitso in front of investors. Or tell us what we have wrong.

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