Founded in 2013, Coinmama is a cryptocurrency brokerage platform that simplifies the process of purchasing digital currencies. Operating as a non-custodial broker, it sells cryptocurrencies directly to users, ensuring that digital assets are sent straight to a user’s personal wallet, thereby enhancing security. The platform supports clients in over 188 countries and offers multiple payment methods, including credit/debit cards and bank transfers, to purchase a curated selection of popular cryptocurrencies. In May 2022, Coinmama was acquired by Wellfield Technologies, a Canadian FinTech company, with the aim of integrating decentralized finance services into its existing offerings. This acquisition positions Coinmama to expand its services and enhance user engagement in the evolving cryptocurrency market.
