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/ComplianceSOC 2 Compliance
ValuationUSD 300M
Pricing"1% transaction fee"
The Base CurrencyUSD
Number of Currencies Supported8
 
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 investors5
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

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Reviews

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