FundedIQ
Financial Services

Bitmama: Funding, Investors & Team (Sep 2026)

Bitmama enables traders to buy and sell Bitcoin, Ethereum, cUSD, Celo and other digital assets in Africa via its Exchange and Api services. Users can create their own wallets and start buying or selling digital currencies by connecting with their bank accounts, credit or debit cards and mobile money accounts.

www.bitmama.io LinkedIn Claymont, United States 1-10 employees
Bitcoin Blockchain Cryptocurrency Ethereum Financial Exchanges Financial Services FinTech
Total raised
$2.4M
Rounds
3
Latest
Pre-Seed
Sep 2022

Bitmama has raised $2.4M across 3 funding rounds on record, the most recent a Pre-Seed of $1.7M announced in Sep 2022.

That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Bitmama Company Profile and Key Stats

Total funding raised
$2.4M
across 3 rounds on record
Funding rounds on record
3
Latest funding round
Pre-Seed
$1.7M in Sep 2022
Employees
1-10
reported band
Headquarters
Claymont, United States

Latest funding round on record: Sep 2022.

Bitmama Funding Rounds

Date
Round
Amount
Pre-Seed
$1.7M
Pre-Seed
$400k
Pre-Seed
$300k

Bitmama raised $300k in a Pre-Seed announced in Jul 2021.

3 months later, a Pre-Seed of $400k was announced in Oct 2021.

11 months later, a Pre-Seed of $1.7M was announced in Sep 2022.

Bitmama Founders and Leadership Team

Name
Role
Contact
Ruth Iselema
CEO
Locked

Contact details for the Bitmama team: 1 of 1 has an email address on file.

Start 14-day free trial →

Bitmama Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
29,722
$7.5M
5,801
$600K

Bitmama's latest round of $1.7M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Bitmama in Financial Services and Claymont

Companies Similar to Bitmama

RQD Clearing provides correspondent clearing services that fulfill brokers' technological and business model…

Undisclosed round $74.0M

Standard Metrics is a financial platform for startups and investors.

Series B $21.3M

Axela Technologies improves and automates the collection process for a variety of illiquid, esoteric real…

Undisclosed round $5.0M

Edge Focus develops and operates an advanced fintech platform in the area of investment management.

Private Equity

An open platform for customer-permitted insurance data is called Axle. Axle enables customers to safely link…

Series A $17.5M

The Strivve Platform makes use of pioneering automation technology that allows for the immediate addition of…

Undisclosed round

CAIS is a monetary innovation stage, giving free monetary guides admittance to top-level supervisors of…

Series D $170M

Provable Markets is a financial services firm that provides market participants with a secure, centralized…

Series B

PEX Card is a corporate prepaid card solution provider for small and medium sized companies to control…

Private Equity $160M

Our purpose is to accelerate the games industry’s shift from a platform oligopoly to a competitive…

Series A $13.0M

Epic Markets is a financial technology and retail brokerage firm built to deliver institutional-grade trading…

Pre-Seed $10.0M

Lumin Digital provides cloud-based digital banking services to financial institutions.

Private Equity $115M

Bitmama Funding FAQs

What does Bitmama do?

Bitmama enables traders to buy and sell Bitcoin, Ethereum, cUSD, Celo and other digital assets in Africa via its Exchange and Api services. Users can create their own wallets and start buying or selling digital currencies by connecting with their bank accounts, credit or debit cards and mobile money accounts.

How much funding has Bitmama raised?

Bitmama has raised $2.4M across 3 rounds on record. The most recent is a Pre-Seed of $1.7M announced in Sep 2022.

When did Bitmama last raise funding?

Bitmama's most recent funding round on record is a Pre-Seed of $1.7M, announced in Sep 2022.

Who is the CEO of Bitmama?

Ruth Iselema is listed as CEO at Bitmama.

Where is Bitmama headquartered?

Bitmama is based in Claymont, Delaware, United States.

How many employees does Bitmama have?

Bitmama is in the 1-10 employee band.

How does Bitmama's funding compare to other Financial Services startups?

Bitmama's latest round of $1.7M is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Bitmama Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Bitmama is left off this page rather than filled in.

14-day free trial · Cancel anytime

Know who just raised. Then know who to reach.

Every newly funded startup with its round, its investors and its founders: delivered weekly by email, or searchable in the app.

Alerts from $19/mo · Pro from $99/mo. Card required, nothing charged until day 15, and we email you 3 days before that.