Biconomy - A Funded Fintech Startup Based Out Of Dubai

Biconomy

Private

FintechFintech SaaSPayments & Payment Management

Biconomy is a company based in Dubai, Dubai, United Arab Emirates, operating in the fintech sector. Founded in 2019, it now employs 51 individuals. The company was established by Ahmed Al-Balaghi, Ani...

Biconomy: Key Highlights

An Overview Of Biconomy Highlights And Metrics

Sector
Fintech
Founding Year
2019
Headquarters
Dubai
Founders
Ahmed Al-Balaghi |
Total Funding Amount
$22.00 Mn+
Stage
Seed Stage

Biconomy: Funding Timeline

Announcement date	Round Type	Investor Names	No. of Investors	Funding raised
27 Oct 2021	Initial Coin Offering - Biconomy	Everstake, Everstake Capital	2	$11.50 Mn
27 July 2021	Venture Round - Biconomy	Bain Capital Ventures, Chorus One, Coinbase Ventures, CoinFund, Digital Asset Capital Management, Eden Block, Extra Watts, Genblock Capital, High Naut Capital, HTX, LedgerPrime, Mechanism Capital, Morningstar Ventures, NFX, Prabhakar Reddy, Primitive Ventures, Proof Group, Rarestone Capital, Stani Kulechov, True Ventures, Woodstock Fund, Zee Prime Capital	22	$9.00 Mn
10 Jan 2021	Seed - Biconomy	Binance, Digital Asset Capital Management, Eden Block, Fenbushi Capital, Outlier Ventures	5	$1.50 Mn

Biconomy has raised a total of $22.00 million across 3 funding rounds since 2019. Its latest funding was raised on 28 October 2021. The table above outlines the details of all Biconomy funding rounds.

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FAQs on Biconomy

Who is the founder of Biconomy

Biconomy was founded by Ahmed Al-Balaghi, Aniket Jindal, Sachin Tomar in 2019

What is the total funding raised by Biconomy

A Fintech startup Biconomy has raised a total funding of $22.00 million across 3 funding rounds. The last round of funding was raised on 28 October 2021. Find the details around funding rounds, participating investors are other insights of Biconomy here!