Work Here?
Industries
Consumer Software
Fintech
Company Size
11-50
Company Stage
Series B
Total Funding
$177.4M
Headquarters
San Francisco, California
Founded
2018
MobileCoin provides a payment solution that uses stablecoins to enable secure and efficient transactions. Its main product is eUSD, a stablecoin that is backed 1:1 by a collection of top-rated stablecoins, which are fully collateralized with USD or equivalents. This allows businesses to conduct transactions without relying on traditional fiat currencies. MobileCoin differentiates itself from competitors by offering an open-source technology platform that supports public audits, ensuring transparency and trust. Additionally, the company provides developers with resources like APIs, SDKs, and security audits to create a secure ecosystem. The goal of MobileCoin is to facilitate innovative payment methods for businesses while generating revenue through transaction fees and partnerships.
Help us improve and share your feedback! Did you find this helpful?
Total Funding
$177.4M
Above
Industry Average
Funded Over
2 Rounds
Industry standards
In Oct. 2022, in collaboration with Reserve, MobileCoin launched eUSD, a first-of-its-kind token that is tied directly to USD through pools of multiple stablecoins.
SACRAMENTO, Calif., Sept. 13, 2023 (GLOBE NEWSWIRE) -- MobileCoin, the company aiming to create a world where you can pay anyone, anywhere, instantly and securely, today announced the appointment of Sara Drakeley to the post of Chief Executive Officer.
MobileCoin, a provider of cryptocurrency services, has recently announced the launch of its own eUSD stablecoin.
Lee joined MobileCoin, a cryptocurrency and digital payments startup, in 2021 as its chief product officer.
The founder of Cash App has reportedly been killed in a stabbing in San Francisco.According to multiple news reports Wednesday (April 5), Bob Lee, who had become the chief product officer at crypto firm MobileCoin, was fatally attacked early Tuesday (April 4).A report by the San Francisco Chronicle — citing police department sources — said Lee was the subject of a statement issued by the department of a 43-year-old man found suffering from apparent stab wounds.“Officers rendered aid and summoned medics to the scene,” the police report said. “The victim was transported to a local hospital with life-threatening injuries. Despite efforts by first responders and medical personnel, the victim succumbed to his injuries.”Police said in the report that the death is under investigation and no suspects have been identified.Lee’s killing drew outrage among people in the tech sector about the state of San Francisco, but also an outpouring of fond memories.“He was made for the world that is being born right now,” MobileCoin’s Moby App said in a statement on the company website. “Bob was a child of dreams, and whatever he imagined, no matter how crazy, he made real. Bob was made for the new world.”The statement outlined Lee’s resume, which includes time at Google’s Android; his role as the first chief technology officer of Square, where he launched Cash App; and his work at MobileCoin.Joshua Goldbard, MobileCoin’s founder, tweeted Wednesday that Lee was “like a brother.”1/ Thread 🧵 .@crazybob was an incredible human being. Saying bob’s name in the past tense feels ridiculous
Find jobs on Simplify and start your career today
Industries
Consumer Software
Fintech
Company Size
11-50
Company Stage
Series B
Total Funding
$177.4M
Headquarters
San Francisco, California
Founded
2018
Find jobs on Simplify and start your career today