Last updated 2026-07-20
- Acquired by Wellfield Technologies for $3M, May 2022
- Raised $2.4M Seed round led by iAngels, Jul 2018
Total raised
$2.4M
Last: Undisclosed Round 2018-08
Stage
Acquired
Founded
2013
Headcount
50
HQ
Ramat Gan, Israel
Sector
Fintech & Insurtech
About
Coinmama is a global service that simplifies cryptocurrency purchases and sales with a user-friendly platform. Founded in 2013, it has served millions of users worldwide, focusing on accessibility, user trust, transparency, security, and innovation. Coinmama was acquired by Wellfield Technologies in 2022 and now integrates Wellfield's Seamless DeFi protocols to offer a multi-product platform with cutting-edge DeFi services while maintaining an emphasis on self-custody.
Funding history · 1 round · $2.4M total
2018-07
Seed
$2.4M
★ iAngels
Headcount over time
From 32 (2018-09) to 21 (2025-12) · -11 (-34%) · 54 points · source: Finder history + radar grounding
Q&A
- What is Coinmama's primary business?
- Coinmama provides a purchasing platform that allows users to buy virtual currency online using credit cards, debit cards, or cash.
- When was Coinmama founded?
- Coinmama was founded in April 2013.
- What is Coinmama's total funding to date?
- Coinmama has raised a total of $2,400,000.
- Which investor participated in Coinmama's funding round in August 2018?
- iAngels participated in Coinmama's funding round in August 2018.
- When was Coinmama acquired and by whom?
- Coinmama was acquired by Wellfield Technologies in March 2022.
- What is Coinmama's primary sector?
- Coinmama's primary sector is Fintech & Insurtech.
- Who is a co-founder of Coinmama?
- Nimrod Gruber is a Co-founder & COO of Coinmama.
Team · 3
Laurence Newman
Founder · Co-founder
Nimrod Gruber
Founder · Co-founder
Ilan Schuster
Founder · Co-founder
Sectors & technology
Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechTrading & Investing
Technologies
Platforms & InterfacesWeb
Target customers
ConsumersFinancial & Real EstatePrivate Investors
Business model
B2C
Tags
cryptocurrencyweb-platformfintechbitcointradingethereum
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | coinmama.com |
|---|---|
| linkedin.com/company/9372758 | |
| facebook.com/Coinmama | |
| YouTube | youtube.com/channel/UC6CQE7kmktmmAfQdnIncmOQ |
Identifiers & details
| Legal name | New Bit Ventures Ltd. |
|---|---|
| Founded | 2013 |
| Employees (exact) | 50 |
| Status reason | Acquired by Wellfield Technologies on Mar, 2022 |
Acquisitions & public offerings
Acquired by Wellfield Technologies 2022-05 $3.0M
Radar intelligence
Open jobs — smartrecruiters
| Total open | 2 |
|---|---|
| Remote | 2 |
| By location | San Diego, California, us (1), Ballsbridge, California, us (1) |
| Title | Location | Department |
|---|---|---|
| Sales Agent Position | San Diego, California, us | |
| Sales Agent Position | Ballsbridge, California, us |
GitHub
| Top repos | aws-terraform-ci-sample, actions-awsnuke, fireblocks-recovery, fireblocks-key-recovery-tool |
|---|
Web history (Wayback)
| Domain | coinmama.com |
|---|
Certificate / subdomain footprint
| Subdomains | 40 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 515833739 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2018-04-22 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | yes |
| Last annual report | 2022 |
| Active charges / liens | 0 |
| Registry events | 0 |
| Registered address | שוהם 5 רמת גן |