Zabo is a Dallas, TX-based fintech company that provides an API enabling financial services companies to connect to their customers' cryptocurrency wallets. Its single-integration API connects to thousands of exchanges, wallets and cryptocurrencies to power next-generation financial products. Zabo's tools are used across personal financial management, investments, digital banking, tax software and decentralized finance (DeFi). The company is led by co-founders Alex Treece (Co-Founder and President) and Christopher Brown. Zabo raised $2.5M in funding and intends to use the proceeds to expand its engineering team and grow its customer base. Investors named in the round include Moonshots Capital, Blockchange Ventures, Castle Island Ventures, Digital Currency Group, CoinShares, Tezos Foundation and Capital Factory. Zabo is building a cryptocurrency banking application that allows users to get paid in Bitcoin by allocating pay between cash and cryptocurrency. The product is currently under development and was intended for a mid‑2019 launch. Zabo plans to partner with a licensed bank to provide FDIC‑insured US dollar accounts and to operate in compliance with applicable federal and state money transmission laws and regulations. The company announced a $1.15M seed funding round raised the prior year. Blockchange Ventures, a New York–based VC focused on early‑stage blockchain companies, made the investment. Zabo was co‑founded by President Alex Treece and CEO Christopher Brown, whose backgrounds include product management and military service respectively.

Total raised

$4M

Funding rounds

2

Latest round

Equity

Latest activity

Mar 2020