Coins.ph
About us
To create an open financial system and expand financial infrastructure for unbanked and underbanked communities.
Coins.ph is the most established crypto brand in the Philippines, serving over 18 million users through its mobile app. Founded in 2014, the platform lets users buy and sell 170+ cryptocurrencies while handling everyday financial tasks like bill payments, mobile load purchases, and remittances. The company holds both Virtual Currency and Electronic Money Issuer licenses from the Bangko Sentral ng Pilipinas (BSP), making it the first crypto company in Asia to achieve dual central bank licensing. Beyond basic crypto trading, Coins.ph has evolved into a financial superapp that bridges traditional banking with Web3 services. Users can pay bills for 120+ providers, send cross-border remittances, and even pay at 700,000 merchants nationwide using QRPh with automatic crypto-to-peso conversion at checkout.
Products
The core product is a mobile wallet and crypto exchange supporting 170+ digital assets including Bitcoin, Ethereum, and stablecoins like USDC and PHPC. Users can execute instant trades through Coins Convert or place advanced orders via Spot Trade. Daily financial services include paying 120+ utility bills, buying mobile load, and sending remittances. The platform integrates with QRPh for merchant payments, automatically converting crypto to pesos at checkout across 700,000 locations. Coins Pro offers professional trading with TradingView charts and lower fees, while the OTC desk serves institutional clients. Recent additions include Crypto on Credit for leveraged trading and a Launchpool for staking rewards.
Funding
Coins.ph raised $40 million across seven funding rounds. The most recent was a $30 million Series C in May 2022, led by Ribbit Capital with participation from Joffre Capital. Earlier investors included Naspers Ventures, Innovation Endeavors, Quona Capital, Pantera Capital, and Digital Currency Group. Wei Zhou and Joffre Capital acquired the company in April 2022 at a valuation between $190-200 million. The platform reported monthly spot trading volume exceeding $500 million in November 2025, nearly four times the previous year's volume.
Recent news
In April 2026, Coins.ph pioneered stablecoin payment utility in the Philippines by integrating QRPh, the national QR code standard. This first-of-its-kind feature allows users to settle everyday transactions using USDT, USDC, or Philippine Pesos in a unified checkout flow. In May 2026, this functionality was expanded to support Bitcoin and Ethereum payments.
Technology
The backend runs on Java, Python (Django, Flask), and Go with PostgreSQL, MySQL, and Redis for data management. Apache Kafka handles messaging while the frontend uses JavaScript, React, and Vue.js. Quality assurance teams use Selenium and Appium for automated testing alongside SQL for database validation. Infrastructure deploys on AWS with Kubernetes orchestration, managed through Terraform and Helm. Monitoring relies on Prometheus, Grafana, Jaeger, and VictoriaMetrics. The platform integrates traditional banking rails with blockchain infrastructure for secure asset custody and settlement, supporting payment interface calls and channel integration testing with banks and third-party providers.
Benefits
The company offers comprehensive health insurance (HMO) from day one, extending to qualified dependents. Employees work in a hybrid setup with flexible remote days and enjoy free lunches Monday through Wednesday when in the office. The package includes generous leave credits with unique perks like birthday leave, annual bonuses for high performance, and stipends for home office equipment. Remote employees get coworking space allowances and occasional business trips to Manila headquarters. The culture emphasizes cross-functional collaboration and data-backed innovation, with employees encouraged to champion new initiatives that impact financial inclusion across Southeast Asia.