#CryptoCurrency / CoinSwitch Kuber’s $15m Series A marks Ribbit Capital’s first Indian crypto deal

Ribbit Capital, the Palo Alto-based backer of Revolut, Robinhood and Affirm, has led its first Indian cryptocurrency deal.

The start-up began as CoinSwitch in 2017, a global aggregator of crypto exchanges. It removed the need for businesses to create an account on an exchange… The Kuber platform launch was designed to simplify crypto investments for Indian retail investors.

Within six months of launch, the fintech claimed this platform had attracted more than one million users. It had also reaped the rewards of some $270 million in investments.