Founded in 2018, Revix operates an investment platform that lets users access diversified cryptocurrency portfolios and includes a behavioural loyalty and rewards programme redeemable for Bitcoin. The company aims to blur lines between traditional and emerging asset classes and to make alternative investments accessible to everyday people, per CEO Sean Sanders. Revix plans to use newly raised capital to launch a mobile app, roll out Fourth Industrial Revolution investment opportunities, and expand its offering into the European Union. The funding will also support the creation of 30 new jobs in South Africa. Revix has been accepted into the Berkeley Blockchain Xcelerator and selected for Wave 2 of the Qatar FinTech Hub programmes, reflecting global recognition and participation. Revix is a UK-incorporated digital asset management platform that uses proprietary bundling technology and smart portfolio management software to offer diversified baskets of cryptocurrencies. Its platform is live and offers four bundles that provide exposure to the top 10 cryptocurrencies, claiming coverage of over 80% of the crypto market and minimum investments from R500. Revix says each of its bundles has outperformed a Bitcoin-only investment on an annualised basis over the last three years. The company plugs into global exchanges with a smart pricing algorithm to seek the best pricing on reputable venues. Co‑founders are Sean Sanders and Louis Buys; the startup plans expansion into the UK and Europe in Q3 and Australia and New Zealand in Q1 2020, contingent on regulatory developments. Revix intends to use the new investment to refine its technology suite, launch on the global stage, and educate investors about diversified crypto exposure.

Total raised

$4M

Funding rounds

2

Latest round

Equity

Latest activity

Apr 2021