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BitPass - About the company

BitPass is a deadpooled company based in Mountain View (United States), founded in 2002. It operates as a Digital Wallet. BitPass has raised $13.2M in funding from investors like RRE Ventures, Steamboat Ventures and Worldview Technology Partners. The company has 192 active competitors, including 32 funded and 10 that have exited. Its top competitors include companies like Venmo, Curve and NALA.

Company Details

Founded in December 2002, BitPass was an online payment system for digital content and services. The service worked by allowing users to deposit money in an online account, and using that stored value amount to pay for digital content and services. The company had partnerships with high-profile firms like Microsoft, PayPal, the Royal Bank of Scotland and First Data. For undisclosed reasons, BitPass announced that they were shutting down operations in January 2007, and officially closed on January 26, 2007.
Social
X
Key Metrics
Founded Year
2002
Location
Mountain View, United States
Stage
Deadpooled
Total Funding
$13.2M in 2 rounds
Latest Funding Round
Investors
Ranked
Employee Count
3 as on Mar 31, 2026
Investment & Acquisitions
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BitPass's funding and investors

BitPass has raised a total funding of $13.2M over 2 rounds. Its first funding round was on Jul 30, 2003. Its latest funding round was a Series B round on Sep 07, 2004 for $*****. 6 investors participated in its latest round. BitPass has 6 institutional investors.

Here is the list of recent funding rounds of BitPass:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 07, 2004
7414569
Series B
2208354
1743172
9206868
9518617
Jul 30, 2003
3237587
Series A
9270696
2020591
8764850
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BitPass' founders and board of directors

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BitPass' employee count trend

BitPass has 3 employees as of Mar 26. Here is BitPass's employee count trend over the years:
Employee count trend for BitPass
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BitPass's Competitors and alternates

Top competitors of BitPass include Venmo, Curve and NALA. Here is the list of Top 10 competitors of BitPass, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Venmo
Venmo
2009, New York City (United States), Acquired
Provider of a platform for sending and receiving payments between users
$1.3M
76/100
2nd
Logo for Curve
Curve
2015, London (United Kingdom), Acquired
Provider of digital wallet software consolidating multiple payment card accounts
$323M
75/100
3rd
Logo for NALA
NALA
2017, Nairobi (Kenya), Series A
Online cross-border remittance platform for individuals
$50.1M
72/100
4th
Logo for Verse
Verse
2015, Barcelona (Spain), Acquired
Digital wallet for consumer & business payments
$70M
69/100
5th
Logo for Zelle
Zelle
2016, Phoenix (United States), Unfunded
App-based wallet for consumer payments
-
-
67/100
6th
Logo for Cash App
Cash App
2013, San Francisco (United States), Funding Raised
Online platform for save, send, spend, and invest
-
62/100
7th
Logo for QIWI
QIWI
2008, Moscow (Russia), Public
Card-linked wallet for consumer payments
-
57/100
8th
Logo for Papara
Papara
2016, Istanbul (Turkey), Funding Raised
Mobile wallet with money transfer and bill payment solutions for consumers
-
56/100
9th
White-label solutions for blockchain-enabled wallets
-
-
56/100
10th
Logo for Decaf
Decaf
2022, Miami (United States), Seed
App-based wallet platform for crypto assets
-
56/100
44th
Logo for BitPass
BitPass
2002, Mountain View (United States), Deadpooled
Digital Wallet
$13.2M
36/100
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BitPass's Investments and acquisitions

BitPass has acquired YaGa. BitPass has not made any investments as of now.

Reports related to BitPass

Here is the latest report on BitPass's sector:

News related to BitPass

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FAQs about BitPass

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