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Lulubit

7 known investors

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Lulubit is a mobile app for buying and selling Bitcoin, Ethereum, and over 30 cryptocurrencies, allowing users to deposit local currency from banks and wallets. It also offers the Lulucard, a payment card for use at physical and online stores worldwide with cash withdrawal and multi-currency payment options.

Also known as Lulubit

Investors · 7

Also in the syndicate · 2

Family offices in GuatemalaFamily offices in Panama

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Aug 2026

Lulubit is a fintech company building crypto-to-fiat ramp infrastructure for Central America, enabling individuals and businesses to use, spend and manage crypto assets in everyday transactions. Its consumer offering includes the Lulucard, a payment card used for purchases as well as tax and essential service payments, and a platform that supports multiple blockchain networks and tokens.

The company has also added business lines that let merchants collect cross-border crypto payments. Lulubit positions itself as a bridge between traditional finance and crypto, with an emphasis on accessibility, user experience and financial inclusion in the region. Ianir Sonis serves as CEO.

Business model

Lulubit operates a platform connecting crypto assets to local fiat rails, serving both retail users (accounts and the Lulucard for spending) and businesses (cross-border crypto payment collection). F4 characterizes the model as a marketplace.

Traction

As of the seed announcement, Lulubit had surpassed 50,000 platform users, nearly doubled assets under management in the prior quarter, recorded more than 1,500 Lulucards in active daily use, and onboarded over 100 businesses to its cross-border crypto payment collection services.

Latest developments

The company announced a $1.3 million seed round to accelerate development of regional financial infrastructure, alongside new B2B payment collection lines and the addition of further networks and tokens.

▸Full profile — market position, technology, go-to-market, geography, history

Market position

Described as a leader in crypto-to-fiat ramps for Central America; F4 groups it with fintech and payments companies such as Luno, Lemon, 2TM, Lightning Labs and Buenbit.

Technology

A crypto-to-fiat ramp platform supporting an expanding set of blockchain networks and tokens, paired with the Lulucard payment card for point-of-sale and bill payments.

Go-to-market

Individuals in Central America seeking to spend and manage crypto for everyday purchases and bill or tax payments, and businesses needing to collect cross-border crypto payments; more than 100 businesses use its B2B services.

Geography

Focused on Central America, with investor participation from family offices in Panama and Guatemala.

History

Lulubit closed a pre-seed round in which family offices in Panama and Guatemala participated at the project stage. Approximately 12 months later it announced a $1.3 million seed round led by Reverie and Lattice, with Side Door Ventures and follow-on investment from those family offices.

Compiled by commissioned research from 4 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Assets under management growthJan 2025Nearly doubled AUM in the last quarter
Business customersJan 2025100 businesses
Lulucards actively used dailyJan 20251,500 cards
Registered usersJan 202550,000 users

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Related companies · 1

Companies working in the same space as Lulubit.

Timeline · 2

launches, deals, and filings
Jan 2025
Lulubit raises $1.3M seed round

Seed round with primary investors Reverie and Lattice, plus Side Door Ventures and family offices in Panama and Guatemala, to build financial infrastructure for Central America.

$1.3M source ↗

Jan 2025
Launch of B2B cross-border crypto payment collection

New business lines of service enabling over 100 businesses to collect cross-border crypto payments.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

▸Research sources · 4

primary sources listed

4 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Lulubit do?
Lulubit builds crypto-to-fiat on- and off-ramps and card payments for consumers and businesses in Central America.
Who are Lulubit's investors?
Lulubit's investors include Alliance DAO (ex DeFi Alliance), Lattice Capital, Reverie, Varys Capital, Side Door Ventures.