Fiat-to-Crypto Gateway BTC Direct Raises Almost $13M in Series A Funding

BTC Direct said it plans to use the funds to expand its workforce and develop new products, among other things.

AccessTimeIconOct 19, 2020 at 3:25 p.m. UTC
Updated Sep 14, 2021 at 10:11 a.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global event for everything crypto, blockchain and Web3.Register Now

Netherlands-based fiat-to-crypto gateway BTC Direct has raised a little under $13 million in a series A funding round led by undisclosed investors. 

  • Announced on Monday, BTC Direct said this was the first significant injection of funds into the platform, which so far has largely been funded by its founders. Started in 2013, the firm also runs a crypto-trading app, Blox, in addition to its fiat-crypto ramp.
  • According to its emailed statement, BTC Direct will use the fresh funds to expand its workforce, develop new products and broaden its marketing efforts. 


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to to register and buy your pass now.