BitPay
Crypto payment processing for merchants, businesses and consumers
Crypto
📍 Atlanta, GA
Founded 2011
Current Valuation
Private
as of 2018
PRIVATE
BitPay is one of the oldest crypto payment-processing companies, founded in 2011 in Atlanta by Tony Gallippi and Stephen Pair (current CEO). It lets businesses accept Bitcoin and other cryptocurrencies and provides a consumer wallet and prepaid card. The company has raised ~$103M total across multiple rounds and has been largely self-sustaining since the 2018 Series B extension.
Company Profile
Last Round
Series B extension — $40M (Apr 2018) · Lead: Aquiline Technology Growth
Founders & Key People
Tony GallippiStephen Pair
Investors
Founders Fund · Index Ventures · Aquiline Capital Partners · Menlo Ventures · Virgin Group
Products
- BitPay Checkout (merchant crypto acceptance)
- BitPay Card (crypto debit card)
- BitPay Wallet (consumer crypto storage)
- BitPay Send (mass crypto payouts)
Competitors
Coinbase Commerce (COIN) · Stripe Crypto · MoonPay · Triple-A
CryptoPaymentsFintech
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2018. Refreshed quarterly.