Coinify Company Research Report

Company Overview

Name and Mission of the Company

Name: Coinify ApS

Mission: Coinify's mission is to mainstream the use of virtual currencies and help businesses adopt financial innovation. Coinify seeks to build trust through secure and compliant financial solutions, thus empowering global commerce with the adoption of digital currencies.

Founding Details

Founded: 2014

Founders:

Mark Højgaard (Co-Founder)

Hans Henrik Hoffmeyer (Co-Founder & COO)

Key People

Mark Højgaard: Co-Founder

Hans Henrik Hoffmeyer: Co-Founder & COO

Rikke Stær: CEO

Jeppe Nejsum Madsen: Chief Technology Officer

Headquarters

Location: Grønnegade 10, 1. sal, 1107 Copenhagen K, Denmark

Number of Employees

Employees: 45

Revenue

No information is available

Known For

Coinify is known for providing the infrastructure to accept, trade, and handle crypto payments securely and compliantly for both individual and corporate clients.

Products

Product Offerings

1. Payment Solutions

Description: Provides businesses and Payment Service Providers with an easy-to-implement and regulated method to accept crypto payments. Features a Plug’n’Play API ensuring seamless integration.

Key Features:

Seamless API integration

Merchant settlement in crypto or cash

Quick bank settlement

Full regulatory compliance

Support for over 20 cryptocurrencies

Global reach in 180+ countries

2. Trade Solutions

Description: Provides individual and business clients with secure, compliant ways to buy and sell a wide range of cryptocurrencies.

Key Features:

User-friendly interface

Secure and compliant trading environment

Support for major cryptocurrencies

Instant transaction processing

3. Corporate Trading

Description: Offers corporate clients brokerage services including large volume trades and corporate account management.

Key Features:

High volume trading capabilities

Corporate account setup and management

Compliance with large-scale financial operations

4. Crypto Mastercard

Description: A white-label Plug’n’Play Mastercard that customers can use and top up with their crypto funds.

Key Features:

Top up from any wallet

Instant virtual card issuance

Physical card delivery in 1-2 weeks

Usable globally, both online and offline

5. Coinify+ OTC Broker

Description: Personalized over-the-counter trading solutions offering highly secure and compliant transactions for large-volume trades.

Key Features:

Personalized service with dedicated brokers

Highest security measures

Compliant with global financial regulations

Recent Developments

Recent Developments in the Company

1. Marketcom Software Acquires Coinify ApS

Date: May 19, 2023

Details: Acquisition intended to strengthen Marketcom Software's payment platform through Coinify's crypto payment infrastructure.

New Product Launches

1. Coinify Deposit Solution

Date: November 24, 2023

Details: New functionality allowing customers to fund their accounts with crypto.

2. Pay By Link Solution

Date: July 5, 2024

Details: Allows businesses to accept crypto payments via a simple link, with no need for integration or coding skills.

New Features Added to Existing Products

1. Wallet Connect Integration

Date: January 31, 2023

Details: New feature rollout providing seamless connection between wallets and the platform for easier cryptocurrency transactions.

2. Stablecoin Settlement Service

Date: January 10, 2023

Details: Adoption of stablecoin settlement, allowing users to manage volatility by settling payments in stablecoins.

New Partnerships

1. Partnership with Kristian Von Hornsleth for NFT Collection

Date: October 21, 2022

Details: Collaboration with the artist Kristian Von Hornsleth to offer an NFT collection, broadening Coinify’s reach into the digital arts market.

This report provides an in-depth overview of Coinify’s mission, founding, key personnel, key products, recent developments, and strategic moves to innovate in the cryptocurrency payment space. For any further specific financial data or intricate operational details, directed inquiries or detailed financial audits are recommended.