BITCOINMAT.org

What BITCOINMAT.org does

BITCOINMAT.org (doing business as Bitcoinmat) is a Slovakia-based cryptocurrency platform operating through its legal entity FINTECH SK s.r.o., which is supervised by the National Bank of Slovakia (Decision number 100-001-029-760) and is MiCA-compliant. Founded in 2017 and headquartered in Trencin, the company combines an online crypto exchange with a physical network of 90+ Bitcoin ATMs across Slovakia and Czech Republic, positioning itself as one of the largest Bitcoin ATM operators in Central Europe. The platform enables fiat-crypto-fiat conversions through cash deposits, online transfers, and card payments, with no-registration quick purchases up to €250 and instant verified-account transactions up to €15,000.

The company's product set extends beyond spot exchange into investment packages diversified across risk levels, cryptocurrency staking, Dollar Cost Averaging (DCA) savings plans, PaxGold tokenized gold, gift vouchers distributed through the FaxCopy retail network of 40+ stores, and a benefit/loyalty points program. Underlying technology consists of ATM hardware infrastructure integrated with a web-based exchange platform; no proprietary AI/ML systems or external model dependencies are disclosed. The technology stack includes a customer support integration with Daktela and uses Cookiebot for consent management.

Bitcoinmat generates revenue primarily through transaction fees on crypto buy/sell activity across its ATM and online channels, supplemented by fees on investment packages, staking services, DCA subscriptions, and gift voucher distribution. It targets individual consumers seeking frictionless crypto entry (especially crypto beginners), retail crypto investors pursuing passive income via staking and DCA, and small business accounts requiring crypto transaction management. Distribution is hybrid: 90+ ATMs serve as physical retail storefronts, the website functions as a self-serve channel, and FaxCopy stores extend gift voucher reach. The company is a member of the Czech Crypto Association, Slovak Crypto Association, and Slovak Fintech Association, and employs 11-50 staff.

Name

BITCOINMAT.org

Legal name

FINTECH SK s.r.o.

Website

https://BITCOINMAT.org

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Bitcoinmat is a Slovakia-based MiCA-compliant cryptocurrency platform operating 90+ Bitcoin ATMs and an online exchange across Slovakia and Czech Republic, serving 20,000+ retail consumers and small businesses with fiat-crypto conversion, staking, and investment products.

Ownership category

akta.pro rank

Product category

Cryptocurrency Exchange and ATM Services

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

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

akta.pro primary industry

POS, QR & In-Person Acceptance Infrastructure (Crypto) (FSADAIAI)

akta.pro secondary industries

On/Off-Ramp Providers (Fiat↔Crypto) & Cash-In/Cash-Out Networks (FSADAIAE), Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL)

Keywords

• Cryptocurrency exchange
• Bitcoin ATM network
• Crypto trading platform
• Digital asset services
• Crypto investment packages

Headquarters

HQ city

Trencin

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Crypto Transaction Fees: Fees charged on buy/sell crypto transactions through ATMs and online platform. Transaction limits and features depend on account verification level.
2. Investment Packages: Revenue from cryptocurrency investment packages diversified across multiple risk levels including Bitcoin and innovative cryptocurrencies
3. Staking Services: Crypto staking services generating passive income for users, with the company taking a share of staking rewards. Note: Staking is not subject to MiCA regulation.
4. Gift Voucher Sales: Sale of crypto gift vouchers through partner network including FaxCopy (40+ stores), allowing friends/family to obtain cryptocurrency
5. DCA (Dollar Cost Averaging) Savings: Regular cryptocurrency purchase service with fees for automated recurring investment functionality
6. Benefit Program Points: Loyalty program where users earn rewards based on internal point system from company's success, generating passive income for participants

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

BITCOINMAT.org operates a combined online cryptocurrency exchange and Bitcoin ATM network enabling retail users and small businesses to buy and sell dozens of crypto assets using cash, bank transfers, or payment cards. The platform offers low-friction onboarding with no registration required for transactions up to €250 and instant one-minute verification for limits up to €15,000, supplemented by investment packages, DCA savings, staking, PaxGold tokenized gold, and retail-distributed gift vouchers.

Product overview

Bitcoinmat is an ALL-in-ONE cryptocurrency platform combining online exchange services, physical Bitcoin ATM infrastructure, and various investment tools. The core offering consists of an online cryptocurrency exchange platform integrated with a network of 90+ Bitcoin ATMs across Slovakia and Czech Republic (operating since 2017). The platform's main products include online buy/sell services, crypto accounts for individuals and businesses, and cash operations via ATMs. Additional modules include Saving (DCA), Investment Packages, Staking, PaxGold tokenized gold, Gift Vouchers, and a Benefit Program loyalty system. The platform emphasizes no-registration-required transactions up to €250 and instant account verification with €15,000 transaction limits.

Differentiator

Problem solved

Functional benefit

Products and services

• Online Cryptocurrency Buy/Sell (Exchange Platform) Online cryptocurrency exchange platform allowing users to quickly buy or sell dozens of crypto assets with fair fees, secure processing, and 7-day-a-week customer support; no registration required for small transactions.
• Bitcoin ATM Network Network of 90+ physical Bitcoin ATMs across Slovakia and Czech Republic enabling users to buy or sell cryptocurrency with cash or payment card in minutes without sign-up.
• Crypto Account Individual and business accounts for managing cryptocurrencies with convenient features, secure access anytime, and consolidated crypto account management.
• Investment Packages Diversified cryptocurrency portfolio packages spread across multiple risk levels, offering portfolio diversification between Bitcoin, digital gold, and innovative cryptocurrencies.
• Crypto Staking Cryptocurrency staking service enabling passive income generation through regular returns with flexibility and control over staked assets.
• Saving (DCA - Dollar Cost Averaging) Automated recurring cryptocurrency purchase service that enables systematic investing and more favorable average exchange rates compared with single one-time purchases.
• PaxGold (PAXG) Tokenized Gold Tokenized digital gold cryptocurrency backed by physical gold, enabling portfolio diversification beyond Bitcoin and traditional cryptocurrencies.
• Crypto Gift Voucher Crypto gift voucher system distributed through the FaxCopy retail network of 40+ stores across Slovakia, enabling friends and family to obtain cryptocurrency quickly and securely.
• Benefit Program (Loyalty Points) Loyalty program enabling users to earn rewards through an internal point system tied to company success, generating passive income for participants who trade and hold points.

Quantifiable outcome

• Instant account verification within 1 minute
• +3 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature4 records

Partnerships

Five partnerships are on record, tiered core and secondary.

• Czech Crypto Association (CZMA)coreOthersBitcoinmat is valued by CZMA as one of the largest Bitcoin ATM operators in Central Europe with more than 90 locations, representing key infrastructure for cryptocurrency adoption and fintech innovations. Bitcoinmat promotes cryptocurrency values in relation to state institutions, business world, and public.
• Slovak Crypto Association (SKMA)coreOthersBitcoinmat was among the first to support the idea of the Slovak Cryptocurrency Association and was one of the first members. For many people, Bitcoinmat service represents their first step into the world of Bitcoin providing a simple and quick way to obtain digital currency.
• Slovak Fintech AssociationcoreOthersBitcoinmat is valued by Slovak Fintech Association as one of the largest Bitcoin ATM operators in Central Europe with more than 90 locations, representing key infrastructure for adoption of cryptocurrencies and fintech innovations in the region.
• FaxCopysecondaryChannel Partner/ Reseller/ DistributorFaxCopy network of more than 40 stores across Slovakia distributes Bitcoinmat gift vouchers, enabling friends and family to obtain cryptocurrency of their choice in a simple, quick, and secure manner.
• National Bank of SlovakiacoreOthersFINTECH SK s.r.o. is the regulated crypto asset service provider supervised by the National Bank of Slovakia. Decision number 100-001-029-760, ref. no.: NBS1-OOO-111-411. Company is MiCA compliant.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Bitcoin Depot: Bitcoin Depot operates the largest Bitcoin ATM network in the US (BDCheckout brand) and a crypto exchange (BDSwapper). Its multi-channel cash-to-crypto and digital exchange model mirrors BITCOINMAT's hybrid ATM + online platform approach.
• CoinFlip: CoinFlip is one of the largest Bitcoin ATM operators globally with thousands of kiosks in the US and expansion into international markets. It targets similar cash-to-crypto retail use cases and combines ATM operations with an online exchange platform — overlapping directly with BITCOINMAT's core offering.
• RockItCoin: RockItCoin operates a network of Bitcoin ATMs across the US with online exchange and wallet services, targeting retail consumers seeking simple cash-to-crypto transactions — the same niche served by BITCOINMAT.
• Coinhub: Coinhub operates a large fleet of Bitcoin ATMs across the US, focused on retail crypto access with registration-light flows — comparable to BITCOINMAT's no-registration-up-to-€250 quick-purchase tier and cash-access value proposition.
• Bitnovo: Bitnovo operates a Bitcoin ATM network across Spain and parts of Europe combined with an online exchange platform, selling gift vouchers and providing fiat-to-crypto on-ramp services — directly comparable to BITCOINMAT's hybrid ATM + online exchange model in CEE.

Emerging players

• General Bytes: General Bytes is a major Bitcoin ATM manufacturer and also operates BATMtwo, a hosted operator network. It overlaps with BITCOINMAT as both infrastructure provider and competing ATM operator for cash-to-crypto on-ramps.
• Bitaccess: Bitaccess provides Bitcoin ATM software, compliance, and operational solutions to ATM operators, and also runs its own ATM deployments. Comparable to BITCOINMAT as a competing ATM operator with technology stack focus.

Broad incumbents

• Binance: Binance is the world's largest crypto exchange with spot trading, staking, and growing European (MiCA-compliant) operations. It serves the same retail crypto investment and trading audiences as BITCOINMAT, but at vastly greater scale and broader product scope.
• Kraken: Kraken is a major global crypto exchange with European regulatory coverage (including MiCA in several EU jurisdictions via Payward). It competes with BITCOINMAT for the same retail trading and staking customers in EEA markets.

Others

• Lamassu: Lamassu is a manufacturer of open-source Bitcoin ATMs that has sold machines to operators including European ones. It is comparable to BITCOINMAT as a European ATM infrastructure participant for the cash-to-crypto on-ramp category.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/bitcoinmat_sk
• LinkedInlinkedin.com/company/bitcoinmat-org-8a78a021a

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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 BITCOINMAT.org