Utorg logo — Utorg is a fintech company in the EU that offers a modern on...

Utorg

Utorg is a fintech company in the EU that offers a modern on/off-ramp and web3 consumer infrastructure.

Founded 2020 Estonia Estonia 11-50 employees Seed Total: $5.00M Blockchain, Crypto +6

General Information

Company Name Utorg
Founded Year 2020
Location Estonia Estonia
Employees 11-50
Industries Blockchain, Crypto, Finance +5
Funding Stage Seed
Social

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About Utorg

Utorg, founded in 2020, is a European fintech company headquartered in Estonia. It specializes in providing a modern on/off-ramp and web3 consumer infrastructure, primarily focusing on blockchain and cryptocurrency services. Their core offerings include fiat-to-crypto and crypto-to-crypto exchange services, alongside virtual currency wallet solutions.

Utorg stands out due to its commitment to security, backed by a PCI DSS Level 2 certification, ensuring the safety and integrity of its services. The management team boasts extensive expertise across various relevant fields, including blockchain technologies, cryptocurrencies, finance, cyber-security, e-commerce, and banking.

The company secured a $5.00M Seed Round investment on 16 December 2022, with backing from TA Ventures, Dragonfly, and hypra.fund. This funding positions Utorg for robust growth in the expanding fintech and crypto markets, making it an attractive prospect for future investment opportunities.

Business keywords: virtual currency service, fiat-to-crypto exchange, crypto-to-crypto exchange, virtual currency wallet, web3 infrastructure, on-ramp services, off-ramp services, blockchain technology, cyber-security, banking industry, PCI DSS certification

Services & Products

Cryptocurrency card issuance
Bitcoin purchasing with multiple fiat currencies
Secure transaction processing
Simplified and fast verification processes

Target Customers

Individuals looking to purchase cryptocurrencies Users requiring high limit transactions International customers converting various currencies to Bitcoin Tech-savvy users interested in a seamless cryptocurrency buying experience

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $5.00M 3
TA Ventures, Dragonfly +1
16 Dec 2022

Utorg Alternatives & Competitors

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Guardarian
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Building a bridge between fiat and crypto. Industry-leading On/Off-ramp service provider.

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FAQ About Utorg

Utorg is a fintech company in the EU that offers a modern on/off-ramp and web3 consumer infrastructure.
Utorg was founded in 2020.
Utorg is headquartered in Estonia.
Utorg operates in Blockchain, Crypto, Finance, Financial Services, Fintech, Payments, Web3 and Banking. Its work centres on virtual currency service, fiat-to-crypto exchange, crypto-to-crypto exchange and virtual currency wallet. Its customers include Individuals looking to purchase cryptocurrencies, Users requiring high limit transactions and International customers converting various currencies to Bitcoin.
Utorg has approximately 11-50 employees.
Utorg has completed 1 funding round, raising a total of $5.00M. The latest funding stage is Seed.
Utorg offers: Cryptocurrency card issuance, Bitcoin purchasing with multiple fiat currencies, Secure transaction processing, Simplified and fast verification processes.
Top alternatives and competitors to Utorg include Nuri, Changelly, Guardarian, CryptoUnity, Kado. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Utorg and Nuri 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 Utorg, https://bouncewatch.com/company/utorg, updated 24 November 2025. When citing, please name BounceWatch and link this page.

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