Currency fills two essential roles in our lives: it serves as a medium of exchange and as a store of value. The physical representation of money is not particularly important, whether it’s shells or coins or database entries. Ideally money would be free to produce and exchange, and impossible to counterfeit. Cryptocurrency gets us close to this ideal but also brings fundamental questions of trust to the forefront. You currently trust both governments and banks to not steal your money (either directly or through excessive inflation), to avoid unreasonable invasion of your economic privacy, and to not unreasonably interfere in your ability to transact with other people. Will you be able to trust cryptocurrency too?
It seems inevitable that cryptocurrencies will eventually replace physical money. The balance of power between individuals and governments will remain as a political question. At MobileCoin, we believe governments have a legitimate interest in regulating the economic lives of their citizens. Good monetary policies help keep economies healthy and currency controls help fight criminals and terrorists. Our job is to create high performance cryptocurrency technology that can transparently encompass the trade-offs that societies choose.
It seems inevitable that cryptocurrencies will eventually replace physical money. The balance of power between individuals and governments will remain as a political question. At MobileCoin, we believe governments have a legitimate interest in regulating the economic lives of their citizens. Good monetary policies help keep economies healthy and currency controls help fight criminals and terrorists. Our job is to create high performance cryptocurrency technology that can transparently encompass the trade-offs that societies choose.
Location: United States, California, San Francisco
Employees: 11-50
Total raised: $96M
Founded date: 2018
Investors 15
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Funding Rounds 2
| Date | Series | Amount | Investors |
| 23.08.2021 | Series B | $66M | - |
| 24.04.2018 | - | $30M | - |
Mentions in press and media 18
| Date | Title | Description |
| 18.12.2024 | В Сан-Франциско присяжные признали виновным предпринимателя Нима Момени в убийстве второй степени программиста Боба Ли... | Место, где прохожие нашли Ли. В середине декабря 2024 года в суде Сан-Франциско присяжные признали виновным предпринимателя Нима Момени в убийстве второй степени программиста Боба Ли. 13 апреля 2023 года полиция Сан-Франциско арестовала пре... |
| 10.01.2022 | Moxie Marlinspike is leaving Signal | Moxie Marlinspike, the founder of the popular encrypted communications app Signal, announced today in a blog post that he is stepping down in a move that he says has been in the works for several months. While unexpected, the move seems tie... |
| 08.12.2021 | Former Square (now Block) CTO Bob Lee Joins Crypto Payments Company MobileCoin as Chief Product Officer | Bob Lee, former CTO of Square (now Block), has joined MobileCoin as Chief Product Officer. As an early investor in and advisor to the cryptocurrency and digital payments startup, Bob helped shape product and technology strategy. He now over... |
| 19.08.2021 | Daily funding roundup - August 19th, 2021 | Postman raised $225M, MobileCoin secures $66M, One landed $40M; Rapid Robotics picks up $36.7M Postman: Postman is a San Francisco-based collaboration platform for API development. Postman has raised $225 million in Series D funding led by ... |
| 19.08.2021 | MobileCoin lands $66M | MobileCoin, the developer of a cryptocurrency payments platform, has raised $66 million from investors including BlockTower Capital, Coinbase Ventures and General Catalyst. The company plans to use the funding to further develop a chatbot s... |
| 18.08.2021 | An important takeaway from Maven Clinic’s $1 billion valuation | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. Paid Content How Optimizely is improving the marketer experience From Optimizely The venture capi... |
| 18.08.2021 | An important takeaway from Maven Clinic’s $1 billion valuation | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. Paid Content How one company is leading in computer vision technology From Telus International Th... |
| 18.08.2021 | MobileCoin Raises $66m To Scale Its Simple, Safe, And Fast Payment Technology | |
| 18.08.2021 | MobileCoin raises $66M for cryptocurrency payment platform | Did you miss a session from GamesBeat Summit 2022? All sessions are available to stream now. Learn more. MobileCoin has raised $66 million for its cryptocurrency payment platform that aims to democratize privacy for all. In contrast to cent... |
| 18.08.2021 | Digital payment ecosystem MobileCoin raises $66M | - |
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