Coinfloor
 |
|
| Limited company | |
| Industry | Bitcoin exchange |
| Founded | 2013 |
| Headquarters | 1 Quality Court, Chancery Lane, WC2A 1HR London, United Kingdom |
|
Key people
|
Adam Knight, Chairman Mark Lamb, Founder Obi Nwosu, Managing Director |
| Website | coinfloor |
Coinfloor is a London-based bitcoin exchange established in early 2013.
Coinfloor has launched the first exchange-backed Peer-to-Peer marketplace for bitcoin, "Coinfloor Market", which connects vetted brokers with investors and consumers looking to buy bitcoins. Buyers are able to send funds directly to a broker using a local UK bank transfer. Coinfloor is also the first exchange to employ a sophisticated algorithmic rounding engine for fee calculation. By allowing direct conversion between bitcoins and the British Pound (Sterling), the exchange aims to reduce the inconvenience of a two-step conversion that people holding Sterling used to have to go through.
The start-up was founded by Mark Lamb, Amadeo Pellicce, and James McCarthy. In October 2013 the company announced raising an undisclosed amount of venture capital funding from Passion Capital and Taavet Hinrikus, co-founder of TransferWise and the first employee at Skype. In December 2013, Obi Nwosu also joined the company as a co-founder.
Coinfloor is a team with experience in bitcoin, security, analytics, technology and financial services. Most of the team is based in London, England.
One of its founders was James McCarthy who was previously the founder of Global bitcoin Stock Exchange, which shut down in October 2012. McCarthy stepped down as CTO of the company in December 2013 and Obi Nwosu, joined as a late co-founder and CTO. In May 2014 James McCarty left the business entirely.
Mark Lamb has a noticeable presence in the media as well as major finance conferences (Keynote Speaker at Capital Creation 2014, guest presentation at Trade Tech 2014: All you need to know about investing in bitcoins) and bitcoin conferences.
Obi Nwosu, initially started as Coinfloor’s CTO. In November 2014, he took over as Coinfloor’s Managing Director. During this period Coinfloor transitioned to a Broker focused strategy and came to dominate the UK and GBP bitcoin markets. Previously, Nwosu was the CTO at QXL, ebookers.com and WeeWorld.
Adam Knight, Coinfloor's Chairman, was previously a Managing Director of the team responsible for building and managing the Credit Suisse – Glencore Global Commodities Alliance, a global commodity derivatives trading business. He was a managing director in the fixed-income department of the investment banking division of Credit Suisse and earlier ran the global metals trading business at Goldman Sachs. He has been an angel investor in London since leaving Credit Suisse in 2011 and believes "that Mark Lamb and his team are building a bitcoin exchange and storage company that will become a leader in the sector".
...
Wikipedia