# PDAX: Financial services, Pasig, Philippines

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

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

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

# PDAX

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

Funding reported Last round: Series B

Financial services Pasig, Philippines

Company summary

- **Founded:** 2018 8 years old
- **Team:** 350 201 to 1,000 people
- **Funding reported:** 63.6M as listed, currency not stated
- **Last round:** Series B Feb 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 PDAX 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 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 all **63.6M** in the source's currency

Last round **Series B**

Last round size **50M**

Last round date **Feb 2022**

## On a portfolio page

Investors who name them

- [Draper Dragon](https://millionrounds.com/fund/draper-dragon)

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 wallet crypto remittance to philippines enterprise-grade security consumers cryptocurrency trading token listing services regulated platform government bonds crypto investment information technology & services blockchain technology financial services mobile app finance bsp regulated investment management

Built with from their website

Trend Micro Email Security Docker Amazon SES Google Tag Manager OneTrust Tech Risk & Compliance Envoy WordPress.org AWS CodeDeploy Atlassian Google Ads

+8 more

Siemens PROFIBUS Elementor Google Workspace CloudFlare Viewport Meta Google Play Atlassian Cloud Element 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

Startups like it

- [**OneLot** Makati · founded 2023 *Raised*](https://millionrounds.com/company/onelot)
- [**PayMongo** Taguig · founded 2019 *Raised*](https://millionrounds.com/company/paymongo)
- [**Maya** Mandaluyong · founded 2013](https://millionrounds.com/startup/maya-3)
- [**PayMaya Philippines** Mandaluyong · founded 2013](https://millionrounds.com/startup/paymaya-philippines)
- [**coins.ph** Pasig · founded 2014](https://millionrounds.com/startup/coins-ph)
- [**Asialink Group of Companies** Pasig](https://millionrounds.com/startup/asialink-group-of-companies)
- [**Squads** Solana · founded 2021](https://millionrounds.com/startup/squads-5)
- [**Advance** Makati · founded 2018](https://millionrounds.com/startup/advance)

## Is this your company?

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