Monerium

OverviewSuggest Edit

Monerium is planning to issue asset-backed, redeemable, and regulated e-money on blockchains through a licensed institution. The Company's objective is to make currency accessible, secure, and simple to transact, bridging fiat money and blockchains.

TypePrivate
Founded2016
HQReykjavík, IS
Websitemonerium.com

Latest Updates

Employees (est.) (Oct 2020)11
Cybersecurity ratingAMore

Key People/Management at Monerium

Gísli Kristjánsson

Gísli Kristjánsson

Co-Founder & CTO
Sveinn Valfells

Sveinn Valfells

Co-Founder & CEO
Jón Gunnar Ólafsson

Jón Gunnar Ólafsson

Counsel
Gunnar Haraldsson

Gunnar Haraldsson

Director
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Monerium Office Locations

Monerium has an office in Reykjavík
Reykjavík, IS (HQ)
Lækjargata 2
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Monerium Financials and Metrics

Summary Metrics

Founding Date

2016

Monerium total Funding

$2 m

Monerium latest funding size

$2 m

Time since last funding

2 years ago

Monerium investors

Monerium's latest funding round in January 2019 was reported to be $2 m. In total, Monerium has raised $2 m
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Monerium Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

SecurityScorecard logo

Monerium Online and Social Media Presence

Embed Graph

Monerium News and Updates

Regulated Fintech Firm Monerium to Issue E-Money on Algorand Blockchain

Monerium, which has a European Economic Area e-money license, will bring fiat currency transactions onto Algorand's protocol.

Monerium and Algorand enter partnership to issue e-money on the Algorand protocol

REYKJAVIK, Iceland, Jan. 21, 2020 /PRNewswire/ -- Monerium (https://www.monerium.com/), the world's first authorized provider of licensed e-money for blockchains, and Algorand Inc. (https://www.algorand.com/), the world's first open source, permissionless, pure proof-of-stake blockchain...

Monerium Blogs

Money belongs on-chain

After nine years and $773M of funding, only 25% of cross-border payments made through Transferwise settle within 20 seconds or less. Some don’t settle until the following day - or days later. That is not surprising. In spite of being a leading payments challenger, Transferwise is optimizing an outda…

Monerium e-money on blockchain now available across Europe

Regulated & programmable digital cash now available on-chain across the EU, Iceland, Norway and Liechtenstein as US Dollars, Euros, Icelandic krona and British Pounds. REYKJAVIK, January 3rd, 2020 - With the successful passporting of our e-money license to all 28 EU member states, Iceland, No…

Year in review

2019 was a big year for Monerium as the team secured its e-money licence in June and became the first e-money institution authorized to issue e-money on blockchains. In the following months, we announced our first use cases and passported our license across Europe. The license and the use cases v…

World's first cross-border transactions using euro on blockchain

On December 10th, 2019, Monerium and Tradeshift Frontiers carried out the world’s first cross-border euro transaction on the Ethereum network. Using the Tradeshift platform, Tradeshift ordered goods from Shop Icelandic which in turn ordered the goods from their supplier, Nordic Store. Invoices an…

Blockchain-Based E-Money Now Available in Four Currencies Across Seven Countries

Regulated & Programmable Digital Cash Now Available on chain in the UK, Germany, France, Denmark, Sweden and Lithuania as US Dollars, Euros, and British Pounds REYKJAVIK, November 15th, 2019 - Monerium, the world’s first and only e-money institution authorized to provide regulated and license…

World’s First Invoice settled using e-money

Tradeshift Frontiers and Monerium Settle the World’s First Invoice With Smart Contracts and Licensed Digital Cash. Monerium and Tradeshift settle the first successful online supply chain transaction with licensed and programmable digital money on blockchains To demonstrate how Tradeshift purc…
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Monerium Frequently Asked Questions

  • When was Monerium founded?

    Monerium was founded in 2016.

  • Who are Monerium key executives?

    Monerium's key executives are Gísli Kristjánsson, Sveinn Valfells and Jón Gunnar Ólafsson.

  • How many employees does Monerium have?

    Monerium has 11 employees.

  • Who are Monerium competitors?

    Competitors of Monerium include PrivacyShell, Symbiont and Counterparty.

  • Where is Monerium headquarters?

    Monerium headquarters is located at Lækjargata 2, Reykjavík.

  • Where are Monerium offices?

    Monerium has an office in Reykjavík.

  • How many offices does Monerium have?

    Monerium has 1 office.