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How Koibanx CEO Leo Elduayen grew to $15.7M revenue with a 113 person team in 2023.

Koibanx is a leading firm specializing in the development of transparent, efficient, and secure BaaS (Blockchain as a Service) integral solutions tailored for both businesses and governments. With a robust portfolio, Koibanx has been instrumental in developing innovative applications across various sectors. Among its notable contributions are cutting-edge loyalty programs that redefine customer engagement, comprehensive payments and microfinance systems designed to enhance financial accessibility, decentralized voting platforms that promise to revolutionize the democratic process with improved security and transparency, and advanced logistics programs aimed at streamlining supply chain management. Through its dedication to leveraging blockchain technology, Koibanx is at the forefront of facilitating digital transformation and fostering a new era of efficiency and integrity in the digital realm.

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Koibanx Revenue

In 2023, Koibanx's revenue reached $15.7M. Since its launch in 2015, Koibanx has shown consistent revenue growth.

Koibanx Revenue GrowthReported revenue / ARR over time$0$4M$8M$12M$16M$20M201520162017201820192020202120222023$0$16MSource: GetLatka.com
YearMilestoneQuote
2023Koibanx Hit $15.7m revenue in December 2023
2015Launched with $0 revenue

Koibanx Valuation, Funding Rounds

Koibanx is a bootstrapped Security Compliance Software startup. Founded in 2015, Koibanx has grown to $15.7M in revenue without raising any venture capital or outside funding.

As a self-funded Security Compliance Software SaaS company, Koibanx has built its business with no outside investment.

Koibanx Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12015Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Leo Elduayen

Leo Elduayen is listed as Founder / CEO at Koibanx.

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Customers

We do not have customer count information for Koibanx yet.

Koibanx Employees & Team Size

Koibanx employs approximately 113 people as of 2026, up from 65 in 2022.

Koibanx Team GrowthReported headcount over time0255075100125201520162017201820192020202120222023006565113113Source: GetLatka.com
YearMilestone
2023Reached 113 employees (December 2023)
2022Reached 65 employees (December 2022)

Frequently Asked Questions about Koibanx

What is Koibanx's revenue?

Koibanx generates $15.7M in revenue.

Who founded Koibanx?

Koibanx was founded by Leo Elduayen.

Who is the CEO of Koibanx?

The CEO of Koibanx is Leo Elduayen.

How much funding does Koibanx have?

Koibanx raised $0.

How many employees does Koibanx have?

Koibanx has 113 employees.

Where is Koibanx headquarters?

Koibanx is headquartered in Mexico City, Mexico.

Compare Koibanx to the industry

Koibanx operates across multiple industries. Browse revenue, funding, and growth data for Koibanx in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Koibanx Revenue 2023: $15.7M ARR (Bootstrapped)