Financial news

CoinFlip, a fintech company powered by cryptocurrency, has officially expanded into the Caribbean with four ATMs across Puerto Rico. CoinFlip, most known for its network of 4,000 bitcoin ATMs, plans to expand its footprint within Puerto Rico throughout the remainder of the year, furthering its mission to make crypto safe and accessible to people worldwide.

This expansion comes off the heels of significant company growth and innovation, including expansion to Canada in 2022, and the opening of the second CoinFlip corporate location and Crypto Experience Center in Tampa, FL this summer.

The four CoinFlip ATMs are available at the following locations:

• Gulf: 18-20 C. Georgetti, Caguas, 00725, Puerto Rico
• TotalEnergies: Bayamón Centro, Ramon Luis Rivera AVE Carretera 167, PR-2, Bayamón, Bayamón, 00959, Puerto Rico
• TotalEnergies: Parada 24, 1606 Av. Manuel Fernández Juncos, San Juan, 00907, Puerto Rico
• TotalEnergies: San Claudio, Calle San Claudio, 373 Urb, San Juan, 00926, Puerto Rico

“We are thrilled to bring our bitcoin ATMs to Puerto Rico,” said Ben Weiss, CEO and co-founder of CoinFlip. “Since the inception of CoinFlip, we’ve prioritised education and accessibility. We believe that anyone who is interested in crypto should be able to invest. As a result, we look forward to connecting Puerto Ricans with our award-winning customer service to make bitcoin and other cryptocurrencies easy to obtain. We can’t wait to expand our offerings within the area and become a crypto resource for the community.”

CoinFlip was named one of the fastest-growing companies in Chicago by Crain’s Chicago Business two years in a row. During this time, it had a revenue of nearly $100million in 2021. The company ranked within the top 100 on the Inc. 5000 two years in a row. Since its inception, CoinFlip has expanded across 49 states, taking its place on the frontline of a financial revolution where cryptocurrency and blockchain technology can empower investors across the country.