Striga Technology Analysis: $125K Raised
What is Striga Technology?
Striga Technology provides APIs for seamless money transfers in over 30 countries, enabling both crypto and fiat transactions, along with a robust crypto-banking infrastructure for developers.
Product Features & Capabilities
- Crypto wallets, Crypto exchange, Crypto payments, Virtual & physical cards, Dedicated vIBANs, Card lifecycle management, Just in time authorization, Fee controls, Tokenization, KYC and onboarding, Compliance as a Service
Pricing
- Sandbox: Free
- Simulated KYC & Onboarding
- Unlimited accounts, wallets, and cards
- API credentials and Postman collections
- Card Transaction Simulator
- Account Deposit and SEPA Simulator
- Testnet Crypto & Simulated EUR payments
- Starter Plan: €1,989 per month
- User On
How much Striga Technology raised
1 - $125K
2021Lead Investor: Y Combinator
Who are the founders of Striga Technology
PB
Prashanth Balasubramanian
Founder/CTO
Business Model
Revenue generated through transaction fees and service subscriptions for API access.
Competitors Overview
Striga Technology operates in the financial technology sector, focusing on APIs for crypto and fiat transactions. Its main competitors include:
- Solid (Solid Financial Technologies): Provides banking, payments, and crypto services. It has raised $17.8 million in funding, indicating stronger f
Investors
- Y Combinator
- Rhombuz Ventures
- Binance
- Berkeley SkyDeck
- Amand Ventures
- Artesian
Market Focus
Striga Technology primarily focuses on the financial technology industry, specifically in providing infrastructure for cryptocurrency and fiat transactions, including licensed APIs for money movement and banking solutions in Europe.
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