Eco

Eco

Digital currency and payment system provider

About Eco

Simplify's Rating
Why Eco is rated
C
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Fintech

Crypto & Web3

Company Size

1,001-5,000

Company Stage

Early VC

Total Funding

$86M

Headquarters

San Francisco, California

Founded

2018

Overview

Eco.com operates in the financial technology sector, focusing on creating a new digital payment system that combines the advantages of traditional money and cryptocurrencies. The company has developed its own digital currency, ECO, which is designed to be user-friendly and cost-effective, with lower transaction fees compared to traditional banks and other crypto platforms. Eco.com offers products like the Tender POS, a point-of-sale system that enables merchants to accept instant crypto payments, and the Beam wallet, which simplifies digital transactions to resemble cash payments. The company aims to establish a transparent and user-centered currency governed by clear rules, making it distinct from competitors by prioritizing ease of use and low costs. Eco.com's goal is to redefine how money functions in the digital age, making payments more efficient and accessible for both individuals and businesses.

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Simplify's Take

What believers are saying

  • Eco's partnership with Zero Hash enhances USDC financial services for seamless transactions.
  • The launch of Beam reflects a trend towards user-friendly decentralized finance solutions.
  • Eco's recognition for excellent customer service boosts its reputation in fintech.

What critics are saying

  • Increased competition from established financial services could threaten Eco's market share.
  • Cryptocurrency market volatility may impact the value of Eco's digital currency.
  • Regulatory scrutiny on digital currencies could lead to increased compliance costs for Eco.

What makes Eco unique

  • Eco's Smart Money wallet rewards users for saving, spending, and sending money.
  • Eco's Tender POS allows merchants to accept instant, seamless crypto payments.
  • Eco's Beam wallet mimics the simplicity and convenience of cash transactions.

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Funding

Total Funding

$86M

Above

Industry Average

Funded Over

1 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

Benefits

Fully remote organization

Annual company retreats

Regular co-working opportunities

Medical, dental, & vision coverage

Unlimited vacation

401(k)

Work-from-home stipend

Monthly wellness allowance

Learning & development allowance

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

0%

2 year growth

12%
Eco
Mar 12th, 2025
Seamless Stablecoin Transfers Across Ethereum with the Eco Portal

Last week, Eco launched Routes SDK.

Eco
Mar 6th, 2025
Introducing the Eco Routes SDK

To warm up volume and test Routes live, Eco Inc. launched the Eco Portal to partnering communities in January.

The Paypers
Jul 31st, 2023
Eco unveils Beam decentralised payments project

US-based financial services company Eco has launched the Beam decentralised payments project, which was designed with ease of use in mind.

CryptoNews
Jul 27th, 2023
Today in crypto: BNB Chain report shows Web3 growth despite bear market, Beam wallet leveraging Optimism and Base launches, Binance withdraws its crypto license application in Germany

BNB Chain released its quarterly Web3 report that examined the monthly percentages of smart contracts verified on seven blockchains, showing growth despite the bear market, as well as multiple blockchains attracting developers and users.

PYMNTS
Feb 9th, 2023
Starlights Taps Zero Hash To Let Customers Buy And Sell Crypto

Financial operating system Starlight has turned to Zero Hash to help its customers trade cryptocurrencies. Starlight, which markets itself to web3 teams, announced the partnership with the B2B2C crypto infrastructure platform in a news release Thursday (Feb. 9). The company has embedded Zero Hash’s platform into its system to help corporate customers who “are digitally native, but new to web3,” buy and sell cryptocurrencies

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