Bitso is the largest cryptocurrency exchange in Latin America, founded in 2014 by Daniel Vogel, Ben Peters, and Pablo Gonzalez in Mexico City. The platform serves millions of users across Mexico, Brazil, Colombia, Argentina, and other Latin American markets, offering trading, remittances, and business payment services. Bitso has processed billions of dollars in cryptocurrency transactions and has been a key player in bringing crypto adoption to the region.
Bitso's platform supports buying, selling, and holding Bitcoin, Ethereum, and dozens of other digital assets. The company has become an important corridor for cross-border remittances, particularly the U.S.-to-Mexico corridor, where it has processed a significant volume of transfers. Bitso's API and business tools enable companies to integrate cryptocurrency payments and transfers into their operations.
The company has raised over $250 million in venture capital from investors including QED Investors, Kaszek Ventures, Tiger Global, and Coatue Management. Bitso holds regulatory licenses and registrations in Mexico and has pursued compliance in each market it operates in. The company continues to expand across Latin America, focusing on financial inclusion and providing access to digital financial services in underserved markets.
Key Features
- Regional Leader — Largest crypto exchange in Latin America by volume
- Remittances — Major corridor for cross-border transfers, especially U.S.-Mexico
- Multi-Country Operations — Active in Mexico, Brazil, Colombia, Argentina, and more
- Business Services — API and payment tools for enterprise crypto integration
Venture Capital Rounds
Bitso: $250 million - Series C
| Exchange
Description: The leading Bitcoin and cryptocurrency exchange in Latin America.
Investors: Tiger Global, Coatue Management, Paradigm, QED Investors, BOND, Pantera Capital
Headquartered: Mexico City
Country: Mexico
Bitso: $2.5 million - Undisclosed
| Financial Services
Description: The leading Bitcoin and Ether Exchange in Mexico.
Investors: Monex Group, Variv Capital, Xochi Ventures, Digital Currency Group (DCG), FundersClub, Bitcoin Capital, Blockchain Tech Limited
Headquartered: Mexico City
Country: Mexico