MidPointFX logo — Mucho más que una casa de cambios en línea. Compra y vende d...

MidPointFX

Mucho más que una casa de cambios en línea. Compra y vende dólares al mejor tipo de cambio vía economía colaborativa.

Founded 2017 Peru Peru 7 employees Angel Financial Services, Fintech +1

General Information

Company Name MidPointFX
Founded Year 2017
Location Peru Peru
Employees 7
Industries Financial Services, Fintech, Platforms
Funding Stage Angel
Social

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About MidPointFX

MidPointFX is a financial startup based in Peru, founded in 2017. The company's slogan, "Mucho más que una casa de cambios en línea. Compra y vende dólares al mejor tipo de cambio vía economía colaborativa," highlights its innovative approach in the financial services industry. Combining the online currency exchange with collaborative economy, MidPointFX serves as a convergence point for dollar exchange in the digital space and collaborative economy in Peru and Latam. Through its platform, MidPointFX facilitates dollar exchange among SMEs, startups, and professionals, ensuring the security and reliability of the transactions. Registered with the SBS since 2017, the company offers a secure space for buyers and sellers to engage in USD exchange at the market's midpoint, sharing the spread between them. The traditional currency exchange dynamics, where the buying price of dollars is always lower than the selling price, are redefined by MidPointFX, introducing a more equitable approach to currency exchange. The company received an Angel Round investment at 31 January 2018, with Augusto Caceres as the investor. This investment reflects confidence in MidPointFX's innovative model and its potential to reshape the landscape of currency exchange in Peru and Latam. With a focus on peer-to-peer, secure, and anonymous currency exchanges, MidPointFX presents itself as a disruptor in the financial and fintech sectors.

Business keywords: Currency Exchange, Online Platform, Peer-to-Peer, Economy Collaborative, Marketplace, Financial Technology, Foreign Exchange, Digital Currency, Startup, Peru, Latin America, SBS Registered, Market Disruption

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Angel Round Undisclosed 1
Augusto Caceres
31 Jan 2018

MidPointFX Alternatives & Competitors

View All Alternatives
MidPointFX vs
Betriax
Betriax Colombia

A Fair Money Exchange Marketplace for Micro, Small and Medium enterprises of Latin America.

Pre-Seed
11 employees
Financial Services, Fintech
MidPointFX vs
Lana
Lana Spain

Developing solutions to empower Gig Economic workers.

Series A
53 employees
Finance, Financial Services
MidPointFX vs

We are on a mission to disrupt retail investing in Latin America, starting with Fixed-term deposits...

Seed
63 employees
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FAQ About MidPointFX

Mucho más que una casa de cambios en línea. Compra y vende dólares al mejor tipo de cambio vía economía colaborativa.
MidPointFX was founded in 2017.
MidPointFX is headquartered in Peru.
MidPointFX operates in Financial Services, Fintech and Platforms. Its work centres on Currency Exchange, Online Platform, Peer-to-Peer and Economy Collaborative.
MidPointFX has approximately 7 employees.
MidPointFX has completed 1 funding round. The latest funding stage is Angel.
Top alternatives and competitors to MidPointFX include Betriax, Lana, Luable - MejorCDT (YC S21), INBESTGO, Solven. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
MidPointFX and Betriax 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 MidPointFX, https://bouncewatch.com/company/midpointfx, updated 26 December 2024. When citing, please name BounceWatch and link this page.

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