About River Financial
River Financial offers a secure digital platform for investing in Bitcoin, allowing users to buy Bitcoin with zero fees on recurring orders. The platform ensures that all assets are held in full reserve custody, guaranteeing ownership and security. It features instant global transactions through the Lightning Network and allows users to set automatic purchases during price dips. River Financial's goal is to create a user-friendly environment for both small and large investors to confidently invest in Bitcoin.
Columbus, OhioHeadquarters
2019Year Founded
$51.3MTotal Funding
SERIES_BCompany Stage
Crypto & Web3Industries
51-200Employees
Risks
Increased competition from new Bitcoin platforms may erode River Financial's market share.
Potential Bitcoin ETF approvals could shift investor interest away from River's services.
Technological advancements like Alephium's solutions may attract investors seeking Bitcoin alternatives.
Differentiation
River Financial offers zero fees on recurring Bitcoin orders, smoothing price volatility.
The company uses 100% full reserve custody, ensuring Bitcoin ownership and security.
River Link enables Bitcoin payments via text, email, or messaging apps, enhancing user experience.
Upsides
River's Proof of Reserves system boosts transparency and trust in cryptocurrency exchanges.
Bitcoin Interest on Cash feature combines traditional banking with cryptocurrency benefits.
Integration of the Lightning Network allows instant global transactions, meeting user demand.
Funding
Total raised$51.26 M
Latest valuation$175.00 M
StageSERIES_B
SERIES B
4/30/2023$35
$175.00 MSERIES A
12/31/2020$12
$60.00 MSEED
5/31/2020$6
$28.50 M