Coinmat AG

Coinmat® is a startup and crypto ATM operator. With a self-developed cash flow transaction service (CTS), Coinmat is able to realize for the first time in the industry a complete functionality regarding the payment and withdrawal of cash for the customers of the crypto ATMs. Crypto ATMs are 2-way ATMs where you can both buy crypto currencies with cash and sell crypto currencies for cash. Based on the CTS, the volatility risk can be eliminated. Based on the financial license in Switzerland, the company is expanding worldwide with a sophisticated expansion strategy in both legal and operational terms. With this expansion strategy, Coinmat is ready for Blitzscaling and can thus conquer the market as a first mover. With the operation of more than 5,000 crypto ATMs, Coinmat aims to become the world market leader and thus conquer a large market share. The financial license in Switzerland will be granted in October 2019. This is followed by the external proof of concept. The MVP+ is completed. After the external Proof of Concept the market entry into Switzerland is planned. Within 4 years then the world-wide expansion takes place on more than 5,000 ATMs.