Funding need: Approximately EUR 2 million
Transaction type: Full sale, minority investment or strategic capital injection
Licence class: Class 1 CASP
Scope includes: exchange of crypto-assets for funds
The company is a crypto ATM operator with a long operating history in the European Bitcoin ATM market.
The business model is focused on physical crypto ATM infrastructure, allowing customers to buy and sell crypto-assets through machines located in retail and other physical locations.
Historically, the group operated a sizeable ATM network across multiple European markets and generated meaningful transaction volume when operating at full scale. Management has indicated that the business was close to break-even at historical network scale.
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