Bitfy

Bitfy

A Cryptocurrency SuperApp Security and simplicity for cryptocurrency transactions. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
$10—15m (Dealroom.co estimates Dec 2021.)
São Paulo São Paulo (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD20222023
Revenues3.3m3.5m
% growth-6 %
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DateInvestorsAmountRound
N/A

BRL1.0m

Seed

BRL1.4m

Seed
*

$2.5m

Series A
*

N/A

Early VC
Total Funding$2.9m

Recent News about Bitfy

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More about Bitfyinfo icon
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Bitfy, now rebranded as BWS, is a digital asset management platform that operates in the blockchain technology market. The company offers a proprietary technology that allows businesses and developers to connect to the blockchain, creating and utilizing digital assets. The platform is designed to serve investors and businesses alike, providing a secure and efficient infrastructure for integrating blockchain solutions through APIs.

BWS's business model revolves around its Super App, a digital wallet application that provides users with autonomy and ease in managing their digital assets. The app allows users to securely store their assets and use them in their day-to-day transactions. The company generates revenue through the services it provides within the app, including security against hacker invasions and data leaks, and hardware solutions for improving the custody mechanism of digital assets.

The company also offers a Sandbox environment that supports 14 different blockchains, providing a complete Super App to explore all the possibilities that cryptocurrencies can offer. BWS prioritizes security, offering two-factor authentication, 24/7 cybersecurity monitoring, and compatibility with LGPD, CIS AWS Foundations Benchmark, and AWS Foundational Security Best Practices. The company's infrastructure is API-first, based on micro-services, and uses high-level technology such as HSM (Hardware Security Module, a physical device that safeguards and manages digital keys for strong authentication).

In summary, BWS is a digital asset management platform that provides secure and efficient blockchain solutions for businesses and investors.

Keywords: Digital Asset Management, Blockchain Technology, Super App, Digital Wallet, Cybersecurity, Hardware Security Module, API-first Infrastructure, Micro-services, Investor Services, Business Solutions.