Coinplug develops Bitcoin platforms including the Bitcoin exchange, electronic wallet service, online POS (Point-of-Sales) service, and mobile Apps. These platforms will become the most promising online payment methods in a mobile environment. They are the first in Korea to provide direct transactions between customers and merchants using Bitcoin; and to provide a network of ATMs enabled for Bitcoins.
Location: South Korea, Kyeongki-Do, Seongnam-si
Employees: 51-200
Total raised: $2.9M
Founded date: 2013
Investors 2
| Date | Name | Website |
| - | Draper Ath... | dfjathena.... |
| - | Neoplux | shinhanvc.... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 08.10.2014 | - | $2.5M | - |
| 25.11.2013 | - | $400K | - |
Mentions in press and media 12
| Date | Title | Description |
| 15.05.2020 | Top 9 Up and Coming Fintech Startups in South Korea to Watch in 2020 | Fintech has been named one of the top priorities for South Korea this year. The government has said it will go all out to nurture the fintech industry in 2020 and has set aside a budget of 19.8 billion won (US$16 million) to support the sec... |
| 25.10.2019 | Major Korean Banks Back Bitcoin Startup Coinplug's $6.4 Million Round | Coinplug, one of the earliest bitcoin exchange, wallet and payment startups in South Korea, has raised 7.5 billion won, or $6.4 million, from venture arms of major local financial institutions. The startup said in a release on Thursday the ... |
| 18.04.2018 | Top 10 Korean Cryptocurrency Exchanges | Koreans are more interested in cryptocurrencies than any other country. This is in spite of the Korean government banning ICOs in Korea as well as regulating cryptocurrency exchanges in Korea. Many Koreans are even banking on cryptocurrenci... |
| 02.10.2015 | Daily funding roundup - October 2, 2015 | Renovate America collected $90M; Dome9 Security raised $8.3M; Zeemee landed $5.8M Propeller Aerobotics, a start-up that uses drones to make 3D maps for mining and construction companies has raised $1 million from investors including fund Bl... |
| 02.10.2015 | Bitcoin Company Coinplug Raises $5 Million in Funding | South Korean bitcoin services company Coinplug has closed a $5m Series B funding round. The company drew support from firms including SBI Investment raising its cumulative funding to date to $8.3m. Joon Hyuk Park, investment director at SBI... |
| 15.01.2015 | Coinplug to Roll Out World's Biggest Convenience Store Bitcoin Scheme | okBitcards by Coinplug Korea UPDATE (16th January 01:18 GMT): Coinplug wishes to clarify to Korean readers that, while users can request to buy bitcoins over-the-counter at 7-11 stores now, the physical okBitcards will be available from the... |
| 20.11.2014 | 16 Bitcoin startups investor Tim Draper has personally funded | Updated at 6:06 p.m. Pacific to add startups to the list, thanks to some help from Draper himself. Silicon Valley venture-capital veteran Tim Draper has consistently been blunt about his bullishness on the Bitcoin cryptocurrency. “I am a bi... |
| 08.10.2014 | Coinplug's $2.5 Million Funding Round Reveals Bitcoin Growth in Korea | South Korean bitcoin multi-services company Coinplug announced yesterday it has closed a Series A funding deal worth $2.5m from mainly local venture capitalists. The new investment brings the firm to a total of $3.3m raised so far. This wee... |
| 26.08.2014 | Korean Bitcoin Startup Korbit Nets $3 Million in Series A Funding | korbit-logo-slim Korbit has announced a $3m Series A funding round, led by Softbank Ventures Korea. The round included Pantera Capital and BAM Ventures, as well as investors and funds previously associated with the company: Barry Silbert's ... |
| 03.04.2014 | South Korean Bitcoin Startup Coinplug Secures Further $400k Investment | South Korean bitcoin services startup Coinplug announced this week that it has secured another $400,000 funding in a personal investment from Tim Draper of venture capital firm DFJ. Chol Hwan Kim from Key Initiatives Technical Entrepreneur ... |
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