Philippines · Financial services startup

PDAX

PDAX, or Philippine Digital Asset Exchange, is a licensed cryptocurrency exchange and digital asset platform based in Taguig City, Philippines.

Funding reportedLast round: Series B

Financial servicesPasig, Philippines

About PDAX

PDAX, or Philippine Digital Asset Exchange, is a licensed cryptocurrency exchange and digital asset platform based in Taguig City, Philippines.

Founded between 2017 and 2018, PDAX aims to empower Filipinos by providing secure access to the digital economy using Philippine Pesos (PHP). The company is licensed by the Bangko Sentral ng Pilipinas (BSP) and offers a range of services, including trading cryptocurrencies like Bitcoin and Ethereum, cash in/cash out options, and an NFT marketplace for local artists. The platform features an order-book exchange that allows users to buy, sell, and trade digital assets at market prices. PDAX also emphasizes security with insurance-backed wallets and strict compliance measures. Additionally, it provides educational resources for newcomers to the crypto space, helping users from all backgrounds engage with digital assets. With a user-friendly mobile app, PDAX supports both beginners and seasoned investors in their financial journeys.

What company datasets say PDAX raised

Funding, as reported

Reported in all63.6Min the source's currency
Last roundSeries B
Last round size50M
Last round dateFeb 2022

On a portfolio page

Investors who name them

Each firm lists PDAX 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

secure walletcrypto remittance to philippinesenterprise-grade securityconsumerscryptocurrency tradingtoken listing servicesregulated platformgovernment bondscrypto investmentinformation technology & servicesblockchain technologyfinancial servicesmobile appfinancebsp regulatedinvestment management

Built with from their website

Trend Micro Email SecurityDockerAmazon SESGoogle Tag ManagerOneTrust Tech Risk & ComplianceEnvoyWordPress.orgAWS CodeDeployAtlassianGoogle Ads

+8 more

Siemens PROFIBUSElementorGoogle WorkspaceCloudFlareViewport MetaGoogle PlayAtlassian CloudElement UI

Sector
Financial services
Industry code
NAICS 5231, 523210, SIC 6211
Region
Metro Manila
Revenue
55.7M a year, as listed

Financial services in Philippines

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