Coinmama

About

Coinmama is a financial services company founded in 2013 and headquartered in Israel. It provides a platform for users to buy cryptocurrencies easily and securely, with a mission to make digital currency accessible worldwide. The company emphasizes simplicity and customer support, allowing users to purchase various cryptocurrencies, including Bitcoin, Bitcoin Cash, and Litecoin, using everyday payment methods. With over 3.5 million registered users as of 2022, Coinmama caters to a global audience and has undergone regulatory verification for its users. In 2022, Coinmama was acquired by Wellfield Technologies, Inc., which aims to expand its offerings in decentralized finance. The company operates with core values of customer-centricity, innovation, and results orientation, led by co-founders Nimrod Gruber and Laurence Newman. In 2021, Coinmama reported annual sales of approximately $130 million, showcasing its growth in the digital currency market.