Pack Capital
Tórtola, Castilla-La Mancha, Spain
Overview
Pack Capital is a community-based Venture Capital founded in the British Virgin Islands. We pride ourselves on collaborating with the best in the industry, having supported over 40 of the most successful projects launched in 2021. Brought to you by a team of experienced blockchain and business enthusiasts with over 10 years of sales, marketing and finance experience, Pack Capital aims to solve the problem of accessibility to Private and Seed sales by reducing the entry costs for retail investors, while ensuring transparency, engagement and professionalism for its members and for the partnering projects.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Blockchain
- Cryptocurrency
- Financial Services
- Venture Capital
Investment portfolio
- BCB Group
Participated · Equity · Mar 2021
BCB Group is a London-based digital asset technology provider that offers business accounts, cryptocurrency services, foreign-exchange market liquidity, and custody to many of the world’s largest crypto-engaged financial institutions. The company operates a platform aimed at payments and market infrastructure for institutional clients. It plans to use new capital to expand payments and market infrastructure across more regions and to acquire strategic stakes in critical infrastructure partners. Financially, BCB Group has closed a $60 million Series A, the largest Series A in the UK blockchain industry, and previously completed a strategic funding round in March 2021. The company positions itself as a connector for the global crypto industry, servicing large crypto-engaged financial institutions and building deeper infrastructure for market growth. BCB Group is a U.K.-based business banking challenger for the crypto industry that provides payments, trading and treasury services. The firm launched a treasury services offering aimed at crypto-curious chief financial officers last month. Management says BCB is profitable and has seen about 19-times volume growth over the past 12 months, processing over $4 billion in payments and trades in February 2021. The recent capital raise is intended to fund the pursuit of additional regulatory licenses and support international expansion. BCB plans to seek more licenses in the U.K., EU and Switzerland — including the Swiss Fintech license, which ties into the Swiss National Bank — and to push into Switzerland and Singapore. The company raised $4.5M in the latest round and expects to raise a larger $10M–$15M round later this year.
Team
No current team members are available.