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BitPay

Provides cryptocurrency payment processing and digital asset management services.

Discussion
cryptodeveloper-toolsecommercefinancial-servicesfintech

Company facts

Founded
2011
Employees
153
Headquarters
United States
CEO
Stephen Pair, Tony Gallippi
Type
Private
Funding
Series B · $40M · 2018

About

Through groundbreaking technology, we are revolutionizing global finance at BitPay. Founded in 2011, while Bitcoin was still in its infancy, we recognized the profound potential for cryptocurrency to transform the financial industry, making payments faster, more secure, and less expensive on a global scale. As pioneers in the fintech space, our mission is to build and advance blockchain payment technology to fundamentally change how businesses and people send, receive, and store money around the world. We were among the first to see a future where digital assets would be a mainstream medium of exchange, and we have dedicated over a decade to building the infrastructure to make that vision a reality. Our platform empowers merchants to tap into the growing cryptocurrency market, mitigating price volatility by offering instant conversion to fiat currency, while providing consumers with powerful tools to manage and spend their digital assets seamlessly. Our innovation extends beyond simple payment processing. We have developed a comprehensive ecosystem of products, including the BitPay Wallet, a self-custody app that gives users full control over their funds, and the BitPay Card, which allows for crypto to be spent like cash wherever major cards are accepted. We are constantly pushing the boundaries of what's possible, developing open-source projects like Bitcore to support the broader blockchain community and integrating with a vast network of wallets and exchanges to ensure maximum accessibility. By providing enterprise-grade solutions, we enable businesses of all sizes, from local shops to major corporations like Microsoft and AMC Theatres, to accept cryptocurrency payments, opening them up to a new global customer base. At BitPay, we are not just facilitating transactions; we are building the financial tools for a decentralized future, driven by a passion for innovation and a commitment to our customers.

3 jobs

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