Prime Trust

company

About

Prime Trust powers innovation in the digital economy by providing fintech and digital asset innovators with financial infrastructure.

Details

Last Funding Type
Series B
Last Funding Money Raised
$107M
Industries
Banking,Blockchain,Cryptocurrency,Financial Services,FinTech
Founded date
Apr 10, 2016
Number Of Employee
251 - 500
Operating Status
Active
Legal Name
Prime Trust LLC

Prime Trust was founded in 2016 on the belief that the future of finance is digital. Through a full suite of APIs, we help financial institutions and fintech companies build seamlessly, launch quickly, and scale securely. As an independent, regulated trust company, we work with clients such as crypto exchanges and payment platforms, who rely on our trusted, secure ecosystem and institutional grade blockchain technology. Prime Trust solutions are at the center of a quickly-evolving crypto industry, providing the infrastructure that merges digital assets with traditional finance. For fintech businesses in the US and around the world, Prime Trust makes it possible to securely and compliantly access the digital economy. The company is recognized by Forbes as America’s Best Startup Employer 2022 and is also Great Place to Work-Certified™ 2022. Prime Trust has also been named to CB Insights Blockchain 50 for 2022.
Visit us at www.primetrust.com and connect with us on LinkedIn, Twitter, and Facebook.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
8
$176M
Prime Trust has raised a total of $176M in funding over 2 rounds. Their latest funding was raised on Jun 22, 2022 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 22, 2022 Series B $107M 12 FIS Detail
Mar 17, 2022 Series B 1 Detail
Oct 1, 2021 Secondary Market 1 Akkadian Ventures Detail
Jul 28, 2021 Series A $64M 12 Mercato Partners Detail
Mar 28, 2019 Corporate Round 2 OK Group Detail

Investors

Number of Lead Investors
Number of Investors
4
24
Prime Trust is funded by 24 investors. FIS and Akkadian Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
FIS Yes Series B
Akkadian Ventures Yes Secondary Market
OK Group Yes Corporate Round
Commerce Ventures Series B
Decasonic Series B
FIN Capital Series B
Gaingels Series B
GateCap Ventures Series B
Kraken Ventures Series B
Mercato Partners Series B

Employee Profiles

Number of Employee Profiles
16
Prime Trust has 16 current employee profiles, including Board member Tom Gonser
Board member
Executive
Board member
Board member

Acquisition

Prime Trust has acquired 1 organizations. Their most recent acquisition was FundAmerica Technologies on Jul 18, 2018. They acquired FundAmerica Technologies for 0.

Date Company Name
Industry Acquisition Type Price
Crowdfunding acquisition Detail