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FinTech Series A Founded 2017

Tangem

Tangem is a provider of NFC-enabled hardware wallets for cryptocurrency cold storage. The company offers card-shaped hardware devices with EAL6+ security certification that enable users to store, send, and receive digital assets through near-field communication with mobile devices. Tangem's technology supports off-chain NFC-enabled transactions and provides a simple, card-based approach to cryptocurrency custody…

📍 Zug, Switzerland · Cryptocurrencies,

Funding snapshot

Last roundSeries A
Amount$8M
Date2 May 2023
Total raised$23M
Team size165

About

Tangem is a provider of NFC-enabled hardware wallets for cryptocurrency cold storage. The company offers card-shaped hardware devices with EAL6+ security certification that enable users to store, send, and receive digital assets through near-field communication with mobile devices. Tangem's technology supports off-chain NFC-enabled transactions and provides a simple, card-based approach to cryptocurrency custody without screens or buttons. The wallet supports multiple cryptocurrencies including Bitcoin, Ethereum, and various tokens. Founded in 2017 and headquartered in Zug, Switzerland, Tangem has raised $23 million at the Series A stage from investors including Shima Capital and SBI Group. The company employs 165 people and has established itself as a leading hardware wallet provider with a focus on simplicity and accessibility for mainstream cryptocurrency adoption.

Business model

Cryptocurrencies > Wallet > Cold Wallets > Hardware

Institutional investors

Shima Capital SBI Group

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