Coins.ph

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Coins.ph
Coins.ph logo.png
HeadquartersPasig, Metro Manila, Philippines
Area servedPhilippines
Founder(s)
  • Ron Hose
  • Runar Petursson
IndustryFinancial Services
WebsiteOfficial website
Launched2014

Coins.ph is a financial services platform founded in 2014 by Silicon Valley entrepreneurs Ron Hose and Runar Petursson in Metro Manila, Philippines.[1]

In May 2017, Coins.ph raised $5 million in series A extension led by Naspers Ventures.[2]

The cryptocurrency company is among the few in the world to be duly authorized by a state monetary body in its location, in this case, the Bangko Sentral ng Pilipinas.[3]

Coins.ph has a Thai counterpart as well, coins.co.th, operating in the same manner, but for the Thai market.[4]

Wallets for Bitcoin, Bitcoin Cash, Ethereum and the Philippine Peso are available, with the altcoins being a recent addition.[5]

References[edit]

  1. ^ "Could the Philippines be Asia's next tech tiger?". bbc.com. 30 May 2014. Retrieved 22 October 2018.
  2. ^ Russell, Jon (24 May 2017). "Naspers pours $5M into Coins, a fintech startup for Southeast Asia's unbanked population". TechCrunch. Retrieved 22 October 2018.
  3. ^ Melissa Luz T. Lopez (16 November 2017). "Coins.ph gets central bank license". Business World. Retrieved 23 October 2018.
  4. ^ Leon Pick (26 August 2014). "Coins.ph launches Thailand's 2nd Bitcoin exchange, Coins.co.th". Finance Magnates. Retrieved 23 October 2018.
  5. ^ Paul Bischoff (13 October 2014). "Coins.ph launches Bitcoin wallet tailored for emerging markets". Tech in Asia. Retrieved 23 October 2018.

External links[edit]