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Palarin
company
About
Transforming remittance using Bitcoin technology, starting in the Philippines
- San Francisco,California,United States
- 1 - 10
- https://palarin.com/
Highlights
Details
- Last Funding Type
- Seed
- Industries
- Bitcoin,Finance,FinTech
- Founded date
- Jan 1, 2014
- Number Of Employee
- 1 - 10
- Operating Status
- Active
Based in California, Palarin is a startup that works to transform remittances using bitcoin technology. It offers an online exchange wallet that provides bitcoin access to the Philippines market. It allows users to send money to the Philippines using bitcoins while allowing recipients to receive funds in the local currency. Migrant users of the wallet are able to select how much they want to buy in the digital currency at a price set by Palarin and then make a fiat currency deposit. Filipinos who want to purchase bitcoins are required to deposit the needed amount in pesos at a member bank. The company was founded in 2014.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
1
—
Palarin has raised a total of
—
in funding over 2 rounds. Their latest funding was raised on
Jun 4, 2015 from a Seed round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Jun 4, 2015 | Seed | — | 1 | — | — | Detail |
Investors
Number of Lead Investors
Number of Investors
—
1
Palarin is funded by 1 investors.
Boost VC
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
Boost VC
|
— | Seed |
Employee Profiles
Number of Employee Profiles
2
Palarin has 2 current employee profiles, including
Executive LESTER FORTEZA
Executive
Executive
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