CityPay
CityPay.io is a Georgian fintech company that provides a cryptocurrency payment ecosystem enabling businesses to accept crypto payments and convert them to local fiat currencies, backed by Tether with operations across Eastern Europe and Central Asia.
Company facts
- Founded
- 2020
- Headquarters
- Lithuania
- CEO
- Eralp Hatipoglu
About
CityPay.io is a financial technology provider focused on creating a unified crypto ecosystem and expanding the use of cryptocurrency in everyday life. Founded in 2020 and headquartered in Tbilisi, Georgia, the company enables businesses to receive crypto assets directly from customers without intermediary platforms, while providing a service that converts those assets into national currencies. Individuals can also enjoy a simple and seamless experience of managing their crypto assets with the CityPay.io crypto wallet. The company operates as a payment gateway platform that allows businesses of any type to accept cryptocurrency payments. Whether operating online or in physical stores, businesses can sell products and services in cryptocurrency, with crypto owners transferring assets by scanning a unique QR code at POS terminals or digital screens. CityPay.io's strategic investor is Tether, the issuer of the world's most popular stablecoin USDT, which has enabled expansion across Georgia, Eastern Europe, and Central Asia, specifically in Uzbekistan, Kazakhstan, Azerbaijan, and Armenia. CityPay.io has established partnerships with major cryptocurrency companies including Binance, Gate.io, Tether, and Bitfinex. The platform serves over 1,000 partner businesses and has received significant recognition, including awards from MIT, Startup Istanbul, and other international programs. The team is composed of experienced professionals from fintech, startups, payments, and business management, all united by the goal of integrating cryptocurrency into everyday financial transactions and helping people achieve financial freedom.