CoinCorner
CoinCorner is a Bitcoin-focused exchange, wallet, and payments platform founded in 2014 on the Isle of Man, serving 350,000+ retail users, 4,000+ businesses, and HNWIs across 40+ countries with exchange, eMoney, Checkout, Bolt Card, and remittance products.
- Company typePrivate
- Founded2014
- HeadquartersDouglas
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What CoinCorner does
CoinCorner is a privately held, Isle of Man–headquartered Bitcoin-focused financial platform founded in 2014 that operates as an exchange, wallet provider, payments gateway, and e-money institution. It serves three primary customer segments: retail individuals (buy, sell, send, receive and store Bitcoin; eMoney accounts; Stacking savings sub-accounts; Recurring Buys for dollar-cost averaging), businesses (Checkout payment gateway accepting BTC and USDT with 1% take-rate, Business eMoney Accounts with dedicated sort codes and IBAN/BIC, OTC trading, and custody), and high net worth individuals, family offices, trusts, and corporates (OTC, custody, and Bitcoin-backed loans). The platform is built on the Bitcoin blockchain with native Lightning Network integration and supports BTC, ETH, LTC, and USDT; the Bolt Card is positioned as the world's first contactless Bitcoin Lightning debit card using NFC. CoinCorner holds an IOMFSA Designated Business registration (since 2016) and a VARA Broker-Dealer licence in the UAE, with fiat e-money accounts issued via Mercury FX (UK/IoM) and Zand Bank (UAE). The company serves 350,000+ users and 4,000+ businesses across 40+ countries, with regional offices in London and Dubai alongside its Isle of Man headquarters.
CoinCorner firmographics
Firmographics- Name
- CoinCorner
- Legal name
- CoinCorner Ltd
- Website
- https://coincorner.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- CoinCorner is a Bitcoin-focused exchange, wallet, and payments platform founded in 2014 on the Isle of Man, serving 350,000+ retail users, 4,000+ businesses, and HNWIs across 40+ countries with exchange, eMoney, Checkout, Bolt Card, and remittance products.
- Ownership category
- akta.pro rank
CoinCorner industry classification
Industry- Product category
- Cryptocurrency Exchange
- NAICS
- 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 Merchant Acquirers & PSPs (Payment Service Providers) (FSADAIAB), Crypto Card Issuing & Card Programs (Debit/Credit/Prepaid) (FSADAIAC), Digital Gift Cards, Vouchers & Stored-Value (Crypto) (FSADAIAN)
Keywords
Where CoinCorner is headquartered
LocationHeadquarters
- HQ city
- Douglas
Offices3 records
Markets served
CoinCorner business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Transaction Fees: Fee-based revenue from processing Bitcoin transactions. Checkout service charges 1% per transaction. Network fees apply for Bitcoin sends.
- Business eMoney Account Subscriptions: Monthly subscription fees for business accounts: Standard tier at £10/month plus 25p per transaction; Enterprise tier at £100/month.
- Bolt Card Hardware Sales: Sale of Bolt Cards - contactless Bitcoin Lightning debit cards sold at 0.00010710 BTC (£4.99) per card.
- Bitcoin-Backed Loans: Loan product enabling customers to access liquidity backed by their Bitcoin holdings. B HODL Plc framework shows 50% loan-to-value ratio with interest-only terms up to 4 years.
- Reward Account Interest: CoinCorner Reward Account allows users to earn rewards on Virtual Assets. Rewards calculated daily and paid monthly in Bitcoin or USD Tether. APR displayed to users.
- Earn Bitcoin (Cashback): Cashback rewarded in Bitcoin on qualifying purchases at participating retailers through browser extension or website.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Standard Business eMoney Account |
| Subscription | Monthly | Enterprise Business eMoney Account |
| Transaction based/ take rate | Pay-as-you-go | CoinCorner Checkout |
| Unit Pricing | Pay-as-you-go | Bolt Card Purchase |
| Freemium | Monthly | Personal Accounts |
| Unit Pricing | Pay-as-you-go | Bitcoin Purchase Minimum |
Go-to-market motion3 records
Distribution channels7 records
Marketing channels7 records
CoinCorner product offering
Product offeringCore offering
CoinCorner operates a Bitcoin-focused financial platform that enables individuals and businesses to buy, sell, send, receive, and store Bitcoin (BTC) via a web platform and iOS/Android mobile apps. The platform also provides merchant payment acceptance (CoinCorner Checkout), multi-currency Business eMoney Accounts, the Bolt Card contactless Lightning debit card, international remittance (Send Globally), OTC trading, custody, and Bitcoin-backed loans. Services are offered across 40+ countries with regulatory licensing from the Isle of Man FSA and UAE VARA.
Product overview
CoinCorner is a Bitcoin-focused financial platform offering a comprehensive suite of products for individuals and businesses. The core offering centers on buying, selling, sending, and storing Bitcoin through its main application, supplemented by the CoinCorner Checkout payment gateway for merchants, and Business eMoney Accounts for multi-currency corporate needs. Key differentiating products include The Bolt Card (world's first contactless Lightning debit card), Send Globally (cross-border remittance via Lightning Network), and Bitcoin Stacking Accounts for savings goals. The platform also offers Recurring Bitcoin Buys for dollar-cost averaging, and Bitcoin-backed loans for treasury management. Available in 40+ countries across Isle of Man, UK, Europe, and UAE (regulated by VARA).
Differentiator
Problem solved
Functional benefit
Brands
- The Bolt Card: The world's first contactless Bitcoin Lightning debit card. Allows users to pay with Bitcoin by tapping on NFC-enabled point-of-sale devices. Also available as a gift card.
Products and services
- Buy/Sell Bitcoin Core service enabling users to buy and sell Bitcoin (BTC) using debit card or bank transfer, with support for transactions of any size for individuals and companies.
- Send Globally
Quantifiable outcome
- 350,000+ registered users trust CoinCorner for Bitcoin services
- +2 more outcomes
Companies that use CoinCorner
Customer profileNamed customers2 records
Segments1 record
Ideal customer profiles3 records
CoinCorner technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
CoinCorner partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- Seed Group (Private Office of Sheikh Saeed bin Ahmed Al Maktoum)corePartnership formed in 2022 to facilitate Bitcoin transactions in the UAE and expand operations to the emirates and wider Middle East region. Seed Group is a company of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum, providing local market access and credibility.
- Mercury Foreign Exchange LimitedcoreMercury provides e-money accounts for CoinCorner customers in the UK and Isle of Man. Mercury is authorized by the FCA (FRN: 900858) under Electronic Money Regulations 2011 for issuing electronic money and payment services. Mercury Foreign Exchange Limited, company number 06445887, registered at 5 Approach Road, Raynes Park, London, SW20 8BA.
- Zand Bank PJSCcoreZand Bank provides Client Money Accounts for CoinCorner UAE operations. Any fiat currency held in the Client Money Account is exclusively for purchasing Digital Assets or withdrawal to a bank account in the customer's name.
- MtSocks LtdminorWholly-owned subsidiary of CoinCorner providing MtSocks Products (NFC devices and cryptocurrency merchandise). Company number 133299C registered in the Isle of Man.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
CoinCorner competitors and assessment
Company assessmentBroad incumbents
- Coinbase: Largest US publicly-listed crypto exchange offering spot trading, staking, custody, payments (Coinbase Commerce), and card products. Overlaps with CoinCorner across exchange, merchant payments, and card products but operates at vastly greater scale and across many more digital assets.
- Binance: Largest global crypto exchange by volume offering spot, derivatives, payments (Binance Pay), cards, and merchant tools. Overlaps with CoinCorner's exchange, payments (Binance Pay), and card products but at incomparable scale and global regulatory footprint.
- Cash App (Block): Consumer payments app offering Bitcoin buy/sell, withdrawal, and Lightning payments to a massive US retail audience. Comparable Bitcoin buying and Lightning functionality for retail users, but embedded within a much broader payments platform under a public parent.
Direct peers
- Kraken: Established regulated crypto exchange offering spot trading, fiat on/off-ramps (USD, EUR, GBP), staking, and OTC services with a strong security and compliance reputation. Directly comparable as a multi-fiat exchange serving retail and institutional clients, though significantly larger scale.
- Strike: Bitcoin and Lightning Network-native payments platform offering buying/selling, remittances, and merchant payment tools. Directly comparable Lightning-first product philosophy and remittance use cases, though US-based and at a different scale.
- Bitstamp: European-rooted cryptocurrency exchange supporting fiat deposits/withdrawals in EUR, GBP, USD, and trading across major crypto pairs. Comparable fiat-crypto exchange model and similar regulatory pedigree as a long-standing European venue, though substantially larger.
- Relai: Bitcoin-only European exchange and wallet app focused on simple recurring purchases for retail users. Comparable Bitcoin-only philosophy, European base, and self-serve retail app model, with similar headcount and stage.
- Luno: Bitcoin-focused cryptocurrency exchange and wallet provider serving retail and institutional clients across Europe, Africa, and Asia. Comparable Bitcoin-centric positioning, retail wallet app, and emerging-markets focus, though at much larger scale.
- Bitfinex: Cryptocurrency exchange platform with margin/derivatives, OTC desk, and fiat onramps serving professional and retail traders. Comparable exchange business model and fiat-crypto pairs including USDT, though much larger scale.
- Swan Bitcoin: Bitcoin-only financial services platform offering recurring purchases, custody, and business treasury tools with US regulatory focus. Closely comparable Bitcoin-only philosophy and treasury/recurring buy product set, with comparable operational scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
CoinCorner social profiles
Digital presenceCoinCorner compliance and trust
Trust signalCompliance3 records
CoinCorner financial estimates
Financial estimateRevenue estimate
Valuation estimate
CoinCorner leadership team
Management profileNumber of profiles
Profiles4 records
CoinCorner subsidiaries and ownership
Company hierarchySubsidiaries1 record
CoinCorner funding detail
Funding detailFunding overview
Funding rounds3 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CoinCorner M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CoinCorner
What does CoinCorner do?
CoinCorner operates a Bitcoin-focused financial platform that enables individuals and businesses to buy, sell, send, receive, and store Bitcoin (BTC) via a web platform and iOS/Android mobile apps. The platform also provides merchant payment acceptance (CoinCorner Checkout), multi-currency Business eMoney Accounts, the Bolt Card contactless Lightning debit card, international remittance (Send Globally), OTC trading, custody, and Bitcoin-backed loans. Services are offered across 40+ countries with regulatory licensing from the Isle of Man FSA and UAE VARA.
Is CoinCorner a public or private company?
CoinCorner is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was CoinCorner founded?
CoinCorner was founded in 2014. It employs 11 to 50 people.
Where is CoinCorner based?
CoinCorner is headquartered in Douglas.
How does CoinCorner make money?
Six revenue lines are on record. Transaction Fees are the primary driver. The others are business eMoney Account Subscriptions, bolt Card Hardware Sales, bitcoin-Backed Loans, reward Account Interest and earn Bitcoin (Cashback).
Who are CoinCorner's main competitors?
Broad incumbents on record are Coinbase, Binance and Cash App (Block). Direct peers are Kraken, Strike, Bitstamp, Relai, Luno, Bitfinex and Swan Bitcoin.
Does CoinCorner have an API?
Yes. CoinCorner offers a Bitcoin & Lightning Services API that enables developers to integrate Bitcoin and Lightning Network functionality into their applications. The API returns current fiat prices of coins and supports Bitcoin transactions. API requests must use application/json content type and be encrypted with SSL (HTTPS). Authentication requires API Key, HMAC-SHA256 Signature, and Nonce parameters. Rate limit is 60 requests per minute. Developer documentation is at api.coincorner.com/Help.
What industry is CoinCorner in?
CoinCorner's product category is Cryptocurrency Exchange. Its primary akta.pro industry code is BPAMAFAL, Crypto Payments & Stablecoin Settlement Platforms, with a secondary code of FSADAIAB, Crypto Merchant Acquirers & PSPs (Payment Service Providers). Its NAICS code is 522210 and its SIC code is 6200.