PDAX | Philippine Digital Asset Exchange

investment firm

About

PDAX is a digital currency exchange that enables trading and settlement against the Philippine Peso.

Details

Last Funding Type
Series B
Last Funding Money Raised
$50M
Industries
Cryptocurrency,FinTech,Personal Finance,Virtual Currency
Founded date
Jan 1, 2017
Operating Status
Active
Legal Name
Fyntegrate, Inc.

PDAX is the first order-book based digital currency exchange in The Philippines that enables users to buy, sell, trade and digital assets such as Bitcoin against the Philippine Peso. Its trade matching engine ensures liquidity and globally competitive prices in a market that has historically been too costly for the average Filipino to access. For more information please visit pdax.ph.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
5
$51.10M ₱630M
PDAX | Philippine Digital Asset Exchange has raised a total of $51.10M ₱630M in funding over 2 rounds. Their latest funding was raised on Feb 10, 2022 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Feb 10, 2022 Series B $50M 9 Tiger Global Management Detail
Aug 17, 2021 Series B ₱630M 5 Detail
Jun 3, 2019 Series Unknown 1 100x Ventures Detail
Mar 8, 2019 Series A 3 100x Ventures Detail
Dec 28, 2017 Seed $1.10M Detail

Investments

Number of Investments
Number of Lead Investments
1
1
PDAX | Philippine Digital Asset Exchange has made 1 investments. Their most recent investment was on Jun 2, 2022, when Playdex raised $2M.
Date Company Name
Round Money Raised Industry Lead Investor
Jun 2, 2022 Playdex
Seed $2M Cryptocurrency Yes

Investors

Number of Lead Investors
Number of Investors
3
14
PDAX | Philippine Digital Asset Exchange is funded by 14 investors. Tiger Global Management and 100x Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
Tiger Global Management Yes Series B
100x Ventures Yes Series Unknown
Ripple Series B
BEENEXT Series B
Cadenza Ventures Series B
DG Daiwa Ventures Series B
Draper Dragon Series B
Kingsway Capital Series B
Oak Drive ventures Series B
UBX Ventures Series B

Employee Profiles

Number of Employee Profiles
2
PDAX | Philippine Digital Asset Exchange has 2 current employee profiles, including Executive Nichel Gaba
Executive
Board member