BitPay
Description
BitPay provides enterprise-grade bitcoin payment solutions for businesses and organizations.
Overview
| Foundation year: | 2011 |
| Location: | Atlanta, Georgia, United States |
| Founders: | Anthony Gallippi, Stephen Pair |
| Website: | http://bitpay.com/ |
Target geographic market:
Global
About Product/Service
| Volume of Transactions in 2019 | $1B |
|---|---|
| Regulators/Compliance | SOC 2 Compliance |
| Valuation | USD 300M |
| Pricing | "1% transaction fee" |
| The Base Currency | USD |
| Number of Currencies Supported | 8 |
| Product cost | - |
|---|---|
| POS System Invoicing | |
| Fraud prevention | |
| Processes ACH Payments and eChecks | |
| Recurring subscriptions and billing |
Key people
Funding rounds
| Last Funding Date | 02/04/2018 |
|---|---|
| Last Funding Amount | 10000000 |
| Last Funding Type | Series B |
| Total Funding Amount | 72,510,000 |
| Number of Funding Rounds | 6 |
Financials
| Estimated revenue | $1M to $10M |
|---|---|
| Number of investors | 27 |
| Number of lead investors | 5 |
| Names of lead investors | "Index Ventures Menlo Ventures Founders Fund RRE Ventures Felicis Ventures Horizons Ventures AME Cloud Ventures Digital Currency Group SeedInvest Nimble Ventures TTV Capital Ashton Kutcher Virgin Group G Squared Matt Mullenweg Ben Davenport Delta-v Capital Errol Damelin Shakil Khan Aquiline Technology Growth Roger Ver Argo Ventures Aquiline Capital Partners Jimmy Furland Trace Mayer Capital Nine Alvin Liu" |
Tech stack
Competitors
| Founding Date | Type | Tags | |
x Tandem Tandem is building a bank and financial... | 2013 | Private | challenger bank, fintech |
x Contis Contis is your trusted partner for alternative... | 2008 | Private | Challenger banks, fintech |
x C6 Bank C6 Bank is a new bank with no physical agencies | 2018 | Private | |
x Monzo Monzo (previously Mondo) is a digital, mobile-... | 2015 | Private | fintech, challenger banks |
x Tide Tide is a business banking platform dedicated to... | 2015 | Private | Challenger banks, fintech |
