Joffre Capital Announces Successful Fundraise At Portfolio Company Coins.Ph
05/19/22, 8:12 AM
Joffre Capital ("Joffre" of the "Firm"), a technology-focused investment firm, today announced the completion of a $30 million Series C funding round at portfolio company coins.ph, (the "Company"), the Philippines' leading fiat and crypto wallet services provider. The round was led by Ribbit Capital, and joined by other strategic investors.
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Joffre Capital is a technology buyout fund with multiple billion dollars under management and a presence across the US, Europe and Asia. A technology sector specialist, Joffre devotes its full scope of talent and intellectual capital to investing in technology and technology-enabled businesses leveraging leading global innovation practices. Its track record has spanned controlled investments in digital media, e-commerce, interactive entertainment, EdTech and enterprise software. On each occasion, it has created unique strategic and operating value and elevated the invested business to break through existing ceilings.
Joffre is founded by a group of entrepreneurs and highly experienced executives in technology and finance who held senior positions in Amazon, Baidu, Binance, The Blackstone Group, Warburg Pincus and Yahoo/Verizon. Applying strategic insights, operating skills and sophisticated investing capabilities of a world-class specialist team in technology, Joffre aims to fulfill a unique capital need for entrepreneurs and investors, while create value for its limited partners.