Coindrum

company

About

Coindrum provides self-service units in airports that passengers use to convert leftover coins into airport shopping vouchers.

  • 1 - 10

Details

Last Funding Type
Series Unknown
Last Funding Money Raised
$2M
Industries
Financial Exchanges,Retail,Travel
Founded date
Sep 27, 2012
Number Of Employee
1 - 10
Operating Status
Active

Coindrum provides self-service units in airports that passengers use to convert leftover coins into airport shopping vouchers.

Coindrum allows airline passengers to spend unwanted coin currency before departing into different currency jurisdictions. Our machines are placed before retail areas of airport departure gates for travelers to deposit their coins and immediately receive printed vouchers worth 110% of the deposited value, which can then be spent in airport retail shops. The solution solves the foreign coin inconvenience for travellers, increases footfall penetration for airport retailers and also offers a charity function.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$2M
Coindrum has raised a total of $2M in funding over 2 rounds. Their latest funding was raised on Jan 15, 2016 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jan 15, 2016 Series Unknown $2M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Coindrum is funded by 1 investors. NJF Capital are the most recent investors.
Investor Name Lead Investor Funding Round
NJF Capital Series Unknown