Jiko
447 Sutter Street Suite 405 #197, San Francisco, CA, 94108, United States
Overview
Jiko combines the protections of a regulated national bank with a modern technology stack that automatically invests deposits in U.S. Treasury bills, giving clients a safe, yield-generating alternative to traditional demand deposits. Its API-driven platform allows institutions to hold and move corporate cash, settle high-volume transactions in real time, and access liquidity 24/7. The company recently launched JikoNet, a continuous fiat-settlement network purpose-built for institutions that need round-the-clock U.S.-dollar transfers. Jiko’s privacy-first architecture minimizes counter-party risk while maintaining compliance through its broker-dealer, Jiko Securities, Inc., and its banking division, Jiko Bank. The model has attracted digital-asset firms that require faster, safer on- and off-ramps between fiat and crypto markets. Industry veteran Breanne Madigan has joined as Managing Director and Head of Digital Assets to accelerate penetration of the crypto and fintech sectors. Although the company did not disclose revenue or user figures, it highlighted growing institutional adoption through new partnerships with Coinbase, Crypto.com, Bitso, and Blockstream Capital Partners.
- Total raised
- $77M
- Funding rounds
- 4
- Latest round
- Series C
- Latest activity
- Dec 2024
Industries
- Banking
- Financial Services
- FinTech
- Trading Platform
Recent funding
Series C
Dec 2024
$29M
Series B
Oct 2022
$40M
Series A
Oct 2017
$8M