Coinfloor

What Coinfloor does

Coinfloor is described in firmographic inputs as an established group of cryptocurrency exchanges targeting institutional or sophisticated investors and traders, headquartered in London, founded in 2013, with 11-50 employees. The detailed operational data supplied predominantly describes a Bitcoin-only retail and SMB platform offering buy, sell, send, receive, and storage of Bitcoin via web and native iOS/Android applications, with cold storage and multi-signature wallet infrastructure for custody. The product portfolio extends beyond core trading into the Bolt Card (a contactless Bitcoin debit card on the Lightning Network, also functioning as a gift card), Send Globally (UK-to-emerging-markets remittance to the Philippines, Nigeria, Kenya, and others), personal and business eMoney accounts in GBP and EUR distributed under FCA-authorized Mercury Foreign Exchange Limited, Recurring Bitcoin Buys for automated purchases, and Bitcoin Stacking Accounts for organized savings. The platform reports 350,000+ users across 40+ countries and a 4.2/5 App Store rating over 308 ratings.

The business model is structured around three revenue streams: (1) Bitcoin transaction-related third-party service fees (the platform states it does not charge direct transaction fees); (2) Bolt Card hardware sales; and (3) eMoney account services distributed on behalf of Mercury FX. Go-to-market is direct-to-consumer and product-led via self-serve website and mobile app registration, with PR-driven earned media (BBC, Forbes, Bloomberg, Independent, City AM) as a top-of-funnel channel. The company holds regulatory registrations with the Isle of Man Financial Services Authority under the Designated Business Act 2015 and as a MoneyLender under the Moneylenders Act 1991, and operates eMoney distribution through Mercury FX (FRN: 900858) under the Electronic Money Regulations 2011.

Leadership comprises Obi Nwosu as CEO and co-founder, Adam Knight as chairman, and Araba Eshun as chief compliance officer. Early-stage funding totals approximately $492,333 across two Passion Capital rounds in 2013 and 2014, with no subsequent disclosed funding rounds — indicating a capital-efficient or bootstrapped operating posture. Note: a material discrepancy exists between the firmographic header (Coinfloor, London, 2013, institutional audience) and the substantive operational data (Bitcoin-only retail/SMB platform, Isle of Man incorporation, 2014 founding, consumer/SMB/HNWI segments); the analysis above reflects the operational evidence in the body of the data.

Name

Coinfloor

Legal name

CoinCorner Ltd

Website

https://coinfloor.co.uk

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Coinfloor is a UK-based cryptocurrency exchange group targeting institutional and sophisticated investors and traders, with operational data describing a Bitcoin-only retail and SMB platform offering trading, custody, the Bolt Card, remittances, and eMoney accounts across 40+ countries.

Ownership category

akta.pro rank

Product category

Cryptocurrency Exchange

NAICS

Credit Card Issuing (52221), Credit Card Issuing (522210)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL)

akta.pro secondary industries

Crypto Card Issuing & Card Programs (Debit/Credit/Prepaid) (FSADAIAC), Digital Gift Cards, Vouchers & Stored-Value (Crypto) (FSADAIAN), On/Off-Ramp Providers (Fiat↔Crypto) & Cash-In/Cash-Out Networks (FSADAIAE)

Keywords

• Cryptocurrency exchange
• Bitcoin wallet
• Bitcoin trading
• Digital asset brokerage
• Contactless bitcoin payments

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Bitcoin Trading/Transaction Fees: CoinCorner facilitates Bitcoin purchases and sales. While they state they don't charge a fee for transactions, a third-party service fee may be added to transactions.
2. Bolt Card Hardware Sales: Sale of the Bolt Card, the world's first contactless Bitcoin debit card. This is a one-time hardware purchase for customers.
3. eMoney Account Services: Provision of personal and business eMoney accounts with payments in GBP and EUR. Acts as distributor of electronic money on behalf of Mercury Foreign Exchange Limited.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels9 records

Core offering

Coinfloor operates a group of cryptocurrency exchanges, with CoinCorner as the flagship brand offering a Bitcoin-focused platform for individuals and businesses. Core services include buying and selling Bitcoin, secure cold-storage custody via multi-signature wallets, personal and business eMoney accounts denominated in GBP and EUR, international fund transfers (Send Globally), and the Bolt Card — the world's first contactless Bitcoin debit card on the Lightning Network.

Product overview

CoinCorner is a Bitcoin-focused financial services platform offering a unified suite of products. The core offering centers on Bitcoin purchasing (Buy Bitcoin with debit card or bank transfer) and a mobile wallet app available on iOS and Android. The platform extends through The Bolt Card (contactless Lightning Network debit card), Send Globally (international transfers), and eMoney accounts (both personal and business variants with GBP/EUR support). Additional modules include Recurring Bitcoin Buys for automated purchasing and Bitcoin Stacking Accounts for organized Bitcoin savings. All products are integrated within a single account infrastructure.

Differentiator

Problem solved

Functional benefit

Brands

• The Bolt Card: The world's first contactless Bitcoin debit card. Using NFC like a bank card except it's on the Bitcoin Lightning Network. Also works as a gift card.
• Send Globally
• Stacking Accounts

Products and services

• Buy Bitcoin Bitcoin purchasing service enabling individuals and companies to buy Bitcoin with debit card or bank transfer, supporting transactions of any size.
• Send Globally International fund transfer service enabling users to send money from the UK to bank accounts in the Philippines, Nigeria, Kenya and other countries.
• The Bolt Card The world's first contactless Bitcoin debit card using NFC technology on the Bitcoin Lightning Network; also functions as a gift card.
• Personal eMoney Accounts Free personal eMoney accounts with GBP and EUR payment capabilities, featuring easy setup and simple use for individual users.
• Business eMoney Accounts Business eMoney accounts enabling international payments in GBP and EUR with quick application process for small and medium businesses.
• CoinCorner Mobile App (iOS) iOS mobile application for buying, selling, sending, receiving and storing Bitcoin.
• CoinCorner Mobile App (Android) Android mobile application for buying, selling, sending, receiving and storing Bitcoin.

Quantifiable outcome

• 350,000+ users have used the platform
• +2 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Swan Bitcoin: US-based Bitcoin-only savings and exchange platform with a recurring buy feature directly comparable to CoinCorner's Recurring Bitcoin Buys. Similar Bitcoin-only positioning, though focused on the US market.
• Relai: European Bitcoin-only mobile app for buying and selling BTC. Comparable as a Bitcoin-only, mobile-first retail exchange in the European market, though smaller in scale and product breadth.

Direct peers

• BitPay: Bitcoin payments processor and wallet provider with a crypto prepaid card offering. Comparable as a Bitcoin-specialist platform focused on payments, merchant acceptance, and consumer crypto cards.
• Kraken: One of the largest global crypto exchanges supporting Bitcoin trading, custody, and staking. Directly comparable in offering a regulated exchange + wallet platform for retail and sophisticated traders, though with a much broader asset list and significantly larger scale.
• Luno: UK/Europe/Africa-focused cryptocurrency exchange and wallet owned by Digital Currency Group. Highly comparable as a regulated, mobile-first crypto on-ramp serving similar retail and SMB segments in overlapping geographies including Nigeria, Kenya, and the UK.
• Bitstamp: Long-established European cryptocurrency exchange (founded 2011, now part of Robinhood). Direct peer in terms of seniority, European regulatory footprint, Bitcoin-focused retail/professional trading offering, and similar institutional positioning.
• Wirex: Crypto payments platform with a crypto debit card product and multi-currency wallet. Closely comparable to CoinCorner's Bolt Card + eMoney account offering; both target retail users seeking everyday crypto spending cards with fiat rails.

Broad incumbents

• Binance: World's largest crypto exchange by volume with hundreds of assets and global footprint. Comparable as a Bitcoin on-ramp, though vastly broader in product scope and scale, and a frequent comparison set for any retail crypto exchange.
• Coinbase: Largest US-based publicly listed crypto exchange. Comparable in offering regulated retail crypto trading, custody, and card products, though at much larger scale and with multi-asset breadth. A reference competitor for any Bitcoin-focused exchange.
• Crypto.com: Major crypto exchange and card issuer with a globally distributed Visa debit card. Comparable in the card + exchange + wallet combination, though vastly larger in scale, marketing, and asset coverage.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/coinfloor
• YouTubeyoutube.com/channel/UC_Jkoc7F2bmrZJu6akhJPkw
• Facebookfacebook.com/Coinfloor
• LinkedInlinkedin.com/company/coinfloor-limited
• Instagraminstagram.com/coincorner

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Coinfloor