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Main Activities
Fumbi’s main activity is to offer accessible and secure cryptocurrency investment solutions for both individuals and businesses. Fumbi develops products and services that make it easy to invest in a diversified cryptocurrency portfolio without requiring extensive technical knowledge. The company notably offers automated crypto portfolio management, secure custody solutions, and investment tools tailored to the needs of businesses and institutional investors. Fumbi primarily targets the European market, focusing on individuals looking to diversify their savings and businesses seeking to integrate digital assets into their financial strategy.
History
Fumbi is a Slovak company specializing in cryptocurrency investment, founded to make access to this sector simple, secure, and accessible to everyone, both individuals and businesses. Here are the major milestones of its history and development:
Creation and mission:
Fumbi was founded in Bratislava, Slovakia, with the mission to democratize cryptocurrency investment through automated and secure solutions. The company relies on a proprietary algorithm that allows investment in a diversified portfolio of cryptocurrencies, tracking the overall market growth rather than that of a single asset.
Product development:
Fumbi first launched the Fumbi Index Portfolio, allowing investment in a selected and verified set of cryptocurrencies in a single transaction. The offering then expanded with:
- Advanced Portfolios: creation of customized portfolios according to the investor’s objectives.
- Staking Portfolio: investment with annual rewards in cryptocurrencies.
- Personal Choice: free selection of cryptocurrencies to hold with Fumbi.
- Bitcoin and Gold: hybrid product combining bitcoin and PAX Gold (backed by physical gold).
- Gift Vouchers: cryptocurrency gift cards.
- Deposit: secure digital asset custody service.
Opening to businesses:
Fumbi developed a dedicated range for businesses (Fumbi Business), allowing companies to open a professional crypto account, invest from €500, and benefit from tailor-made solutions (staking portfolios, advanced portfolios, personal business choice). The focus is on simplicity, advantageous taxation, security (notably via Fireblocks), and personalized support.
Partnerships and security:
Fumbi collaborates with major players in blockchain and security, such as Fireblocks (secure storage), SGS, Sparring, Financer, BDO, AWS, and others. The company is the first Slovak platform to offer an independent audit of its portfolios.
Strategic changes and expansion:
Fumbi has expanded its offering internationally, with versions of its platform in several languages and a presence in European media. It has also launched Fumbi Academy for education on cryptocurrencies and blockchain.
Key figures:
Fumbi has over 59,000 registrations, offers 26 main cryptocurrencies, and attracts both small and large investors.
Conclusion:
Fumbi has established itself as a leading player in crypto investment in Central Europe, thanks to an innovative, secure, and accessible approach for both individuals and businesses.
Team
The founder of Fumbi is Juraj Forgács. Among the main members of the management team are also:
- Juraj Forgács – Founder and CEO
- Martin Smutný – CTO
- Peter Krištof – COO
- Martin Lindák – Chief Economist
- Ján Hrnčiar – Chief Legal Officer
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