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Coindrum logo — Making Coins Count

Coindrum

Making Coins Count

Founded 2012 Ireland Ireland 4 employees Venture round Total: $2.80M Platforms, Retail +1

General Information

Company Name Coindrum
Founded Year 2012
Location Ireland Ireland
Founders / Decision Makers
Team member
Employees 4
Industries Platforms, Retail, Travel and Tourism
Funding Stage Venture round
Social

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About Coindrum

Coindrum is an Irish startup that was founded in 2012 with the slogan "Making Coins Count". The company operates in the retail industry, offering self-service machines that convert coins into cash or products. In high-street locations, customers can deposit their coin jars into Coindrum units and receive vouchers to be redeemed for cash or products at the till. Additionally, in airports, the self-service units turn leftover coins into duty-free vouchers worth 110% of deposits, addressing the inconvenience of foreign coins for travelers and benefiting retailers by increasing the percentage of shoppers as well as expediting airport security checks. The company recently secured a €800.00K Venture Round investment on 16 January 2024 from investors including BVP Investments, dec ryan, Tom Kennedy, Bobby Healy, and Patrick Joy. This investment illustrates the confidence and support from notable investors in Coindrum's business model and potential for growth. With its innovative solution and recent funding, Coindrum is well-positioned to further disrupt the retail and travel industries while providing value to both consumers and businesses.

Taxonomy: Self-Service Machines, Coin Processing, Currency Exchange, Retail Technology, Travel Retail, Foreign Currency, Airport Services

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round €800.00K 5
BVP Investments
BVP Investments, dec ryan +3
16 Jan 2024
Venture Round $2.00M 4
Irelandia Aviation NJF Capital
Irelandia Aviation, NJF Capital +2
15 Jan 2016

Coindrum Alternatives & Competitors

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Coindrum vs
Global Exchange Group
Global Exchange Group Spain

Leaders in providing foreign exchange services

1526 employees
Payments, Platforms
Coindrum vs
WeSwap.com
WeSwap.com United Kingdom

The clever new way to exchange currency by swapping with other travellers.

Equity Crowdfunding
2 employees
Entertainment, Fintech
Coindrum vs
Maccorp Group
Maccorp Group Italy

Ampliamo gli orizzonti di ogni viaggiatore, dal 1990.

Private Equity
204 employees
Financial Services, Platforms
View all alternatives

FAQ About Coindrum

Making Coins Count
Coindrum was founded in 2012.
Coindrum is headquartered in Ireland.
Coindrum operates in Platforms, Retail and Travel and Tourism. Its work centres on Self-Service Machines, Coin Processing, Currency Exchange and Retail Technology.
Coindrum has approximately 4 employees.
Coindrum has completed 2 funding rounds, raising a total of $2.80M. The latest funding stage is Venture round.
Top alternatives and competitors to Coindrum include Global Exchange Group, WeSwap.com, Maccorp Group, BFC Group Holdings, Moneybay. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Coindrum and Global Exchange Group are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Coindrum, https://bouncewatch.com/company/coindrum, updated 13 November 2024. When citing, please name BounceWatch and link this page.

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