Baanx Overview

  • Year Founded
  • 2018

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 52

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $30M

Baanx General Information

Description

Developer of a fintech platform designed to offer digital and crypto-friendly finance for the blockchain era. The company's platform provides an insured crypto wallet that creates protection for users and guarantees full balance, enabling clients to create disruptive, edge digital products the community can engage with at a fraction of the cost of traditional banking.

Contact Information

Website
www.baanx.com
Formerly Known As
Naiad I
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • The Officers Mess Business Centre Royston Road
  • Duxford
  • Cambridge CB22 4QH
  • England, United Kingdom
Primary Industry
Other Financial Services
Other Industries
Financial Software
Parent Company
Exodus Movement
Vertical(s)
Cryptocurrency/Blockchain, FinTech
Corporate Office
  • The Officers Mess Business Centre Royston Road
  • Duxford
  • Cambridge CB22 4QH
  • England, United Kingdom

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Baanx Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Merger/Acquisition 01-May-2026 $30M Completed Generating Revenue
5. Later Stage VC (Series A) 05-Mar-2024 Completed Generating Revenue
4. Later Stage VC 01-Feb-2023 Completed Generating Revenue
3. Equity Crowdfunding 06-Jan-2020 Completed Generating Revenue
2. Equity Crowdfunding 01-Dec-2018 $1.12M $1.12M Completed Startup
1. Equity Crowdfunding Completed Startup
To view Baanx’s complete valuation and funding history, request access »

Baanx Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Ordinary
Ordinary
To view Baanx’s complete cap table history, request access »

Baanx Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a fintech platform designed to offer digital and crypto-friendly finance for the blockchain era. The compan
Other Financial Services
Cambridge, United Kingdom
52 As of 2025

Cheyenne, WY
 

London, United Kingdom
 
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Baanx Competitors (8)

One of Baanx’s 8 competitors is Kraken, a Venture Capital-Backed company based in Cheyenne, WY.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Kraken Venture Capital-Backed Cheyenne, WY
Railsr Private Equity-Backed London, United Kingdom
Solaris (Financial Software) Venture Capital-Backed Berlin, Germany
Cashaa Formerly VC-backed London, United Kingdom
BitGo Holdings Formerly VC-backed Sioux Falls, SD
You’re viewing 5 of 8 competitors. Get the full list »

Baanx Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Baanx Former Investors (14)

Investor Name Investor Type Holding Investor Since Participating Rounds
BlocTech Investment Group Venture Capital Minority
Blockchain Founders Fund Venture Capital Minority
BnkToTheFuture VC-Backed Company Minority
British Business Bank Lender/Debt Provider Minority
Chiron Investment Management Asset Manager Minority
You’re viewing 5 of 14 investors. Get the full list »

Baanx Investments (1)

Baanx’s most recent deal was a Secondary Transaction - Private with Maxwell State Bank. The deal was made on 06-Sep-2021.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Maxwell State Bank 06-Sep-2021 Secondary Transaction - Private National Banks
To view Baanx’s complete investments history, request access »

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Baanx FAQs

  • When was Baanx founded?

    Baanx was founded in 2018.

  • Where is Baanx headquartered?

    Baanx is headquartered in Cambridge, United Kingdom.

  • What is the size of Baanx?

    Baanx has 52 total employees.

  • What industry is Baanx in?

    Baanx’s primary industry is Other Financial Services.

  • Is Baanx a private or public company?

    Baanx is a Private company.

  • What is the current valuation of Baanx?

    The current valuation of Baanx is .

  • What is Baanx’s current revenue?

    The current revenue for Baanx is .

  • How much funding has Baanx raised over time?

    Baanx has raised $40M.

  • Who are Baanx’s investors?

    BlocTech Investment Group, Blockchain Founders Fund, BnkToTheFuture, British Business Bank, and Chiron Investment Management are 5 of 14 investors who have invested in Baanx.

  • Who are Baanx’s competitors?

    Kraken, Railsr, Solaris (Financial Software), Cashaa, and BitGo Holdings are some of the 8 competitors of Baanx.

  • When was Baanx acquired?

    Baanx was acquired on 01-May-2026.

  • Who acquired Baanx?

    Baanx was acquired by Exodus Movement.

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