Coinmama · Retail
Coinmama: non-custodial retail crypto friendly onboarding, since 2013
Coinmama is a wholly-owned subsidiary of Wellfield Technologies, Inc. (TSXV: WFLD), a platform that has helped people buy, sell, and hold digital assets since 2013. More than 3.5 million verified users across 188+ countries have used Coinmama over the years, and it is built on base principles Wellfield holds for retail: customers' journey should be simple and friendly and they should control their own assets.
Coinmama at a glance
Coinmama is a friendly platform for onboarding retail cryptocurrency customers, available on web and mobile. It lets people buy and sell crypto using everyday payment methods and hold it in their own wallet. Founded in 2013, Coinmama is one of the longest-running platforms in the industry, with more than 3.5 million verified users across 188+ countries.
Corporate news covering the platform is published in Wellfield news releases covering Coinmama.
Who owns Coinmama
Coinmama is a wholly-owned subsidiary of Wellfield Technologies, Inc., a publicly traded company listed on the TSX Venture Exchange (TSXV: WFLD), with additional listings on the OTC market (OTC: WFLDF) and the Frankfurt Stock Exchange (FSE: K8D). Wellfield closed its acquisition of New Bit Ventures Ltd., the company that operates Coinmama, on 27 May 2022, and Coinmama has been wholly owned by Wellfield since that date.
Coinmama was founded in 2013 and continues to operate under its own brand.
See Wellfield’s ownership and corporate structure, or Tradewind, Wellfield’s institutional platform.
Simple and friendly onboarding
Coinmama is built for people taking their first steps into crypto. Buying is straightforward, using payment methods people already know: Visa and Mastercard, Apple Pay, Google Pay, and bank transfers, available across many countries. The experience is designed to be friendly and free of jargon. For many of the millions of people who have used Coinmama, it was their first crypto purchase. Making that first step simple is as core to Coinmama as self-custody.
Friendly and non-custodial by design
Coinmama does not hold customers’ crypto. When someone buys digital assets through Coinmama, those assets go directly to a wallet the customer controls. It can be any wallet they choose, or Coinmama’s own self-custody wallet solution. The customer holds the keys; Coinmama never stands between them and their assets.
This is deliberate. Self-custody removes the single biggest risk in retail crypto: an exchange holding, and potentially losing, customer funds. It is the right model for the retail market.
A decade of trust, global reach
Coinmama has operated for over a decade, through multiple economic and crypto market cycles. Millions of verified users have transacted through Coinmama. Coinmama operates only in jurisdictions where it is regulated and compliant. As a retail crypto gateway platform, Coinmama combines longevity, scale, and compliance, building the foundation of customer trust.
Frequently asked questions
Coinmama is a retail cryptocurrency platform, founded in 2013 and owned by Wellfield Technologies. It lets people buy and sell crypto and hold it in their own non-custodial wallet.
Coinmama is non-custodial. It does not hold customers’ crypto; purchased assets go directly to a wallet the customer controls.
Coinmama is a wholly-owned subsidiary of Wellfield Technologies, Inc., a publicly traded company listed on the TSX Venture Exchange (TSXV: WFLD), the OTC market (OTC: WFLDF), and the Frankfurt Stock Exchange (FSE: K8D). Wellfield closed its acquisition of New Bit Ventures Ltd., the company that operates Coinmama, on 27 May 2022.
Coinmama has served more than 3.5 million verified users across 188+ countries since 2013.