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BitPay - About the company

BitPay is a series B company based in Atlanta (United States), founded in 2011 by Stephen Pair and Tony Gallippi. It operates as an App-based crypto payment management solutions for individuals and businesses. BitPay has raised $103M in funding from investors like Aquiline Capital Partners, Index Ventures and Founders Fund. The company has 223 active competitors, including 35 funded and 12 that have exited. Its top competitors include companies like Ripple, IOTA and Fnality.

Company Details

App-based crypto payment management solutions for individuals and businesses. It allows merchants to accept Bitcoin payments for multiple goods and services. It provides hosted checkout, shopping cart plugins, billing solutions, mPOS app, and more. It offers consumers payment cards and a digital wallet for managing payments. Platform encourages users to enable two-factor authentication.
Social
X
Email ID
*****@bitpay.com
Phone Number
+1 **********
Registered Address
Alpharetta, Georgia
Key Metrics
Founded Year
2011
Location
Atlanta, United States
Stage
Series B
Total Funding
$103M in 6 rounds
Latest Funding Round
Ranked
Employee Count
144 as on May 31, 2026
Investment & Acquisitions
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BitPay's funding and investors

BitPay has raised a total funding of $103M over 6 rounds. Its first funding round was on Jan 07, 2013. Its latest funding round was a Series B round on Apr 02, 2018 for $*****. 7 investors participated in its latest round. BitPay has 31 institutional investors and 6 angel investors.

Here is the list of recent funding rounds of BitPay:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 02, 2018
1916254
Series B
9290482
4698887
3430767
6532405
Dec 06, 2017
1877398
Series B
6759641
3873702
9552041
8180971
May 13, 2014
6395328
Series A
2215093
8458820
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BitPay's founders and board of directors

Founder? Claim Profile
The founders of BitPay are Stephen Pair and Tony Gallippi. Stephen Pair is the CEO of BitPay.
Here are the details of BitPay's key team members:

BitPay's employee count trend

BitPay has 144 employees as of May 26. Here is BitPay's employee count trend over the years:
Employee count trend for BitPay
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BitPay's Competitors and alternates

Top competitors of BitPay include Ripple, IOTA and Fnality. Here is the list of Top 10 competitors of BitPay, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Ripple
Ripple
2012, San Francisco (United States), Series D
Provider of blockchain and financial infrastructure solutions for cross-border payments and digital asset custody
$853M
81/100
2nd
Logo for BitPay
BitPay
2011, Atlanta (United States), Series B
App-based crypto payment management solutions for individuals and businesses
$103M
77/100
3rd
Logo for IOTA
IOTA
2016, Berlin (Germany), Seed
Developer of a decentralized infrastructure for building and securing digital applications
-
70/100
4th
Logo for Fnality
Fnality
2019, London (United Kingdom), Series C
Operator of decentralized payment systems for wholesale financial transactions
$136M
63/100
5th
Logo for StraitsX
StraitsX
2020, Singapore (Singapore), Series A
API-based digital asset payment solution for individuals and businesses
$10M
63/100
6th
Logo for TransFi
TransFi
2022, Tampa (United States), Series A
Web3 payment platform designed for the purchase of digital assets
$16.6M
62/100
7th
Logo for Zebec
Zebec
2021, San Francisco (United States), Series A
Platform for payments and financial transactions for cryptocurrency
$29.5M
57/100
8th
Logo for Bitnob
Bitnob
2017, Lagos (Nigeria), Funding Raised
Platform providing payment solutions for individuals and businesses
-
56/100
9th
Logo for RYVYL
RYVYL
2017, San Diego (United States), Public
Blockchain infrastructure solutions for payments and banking
-
-
55/100
10th
Logo for Kontigo
Kontigo
2023, San Francisco (United States), Seed
Provider of stablecoin super app for emerging markets with digital wallet
$20M
54/100
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BitPay's Investments and acquisitions

BitPay has a total of 1 investment in BitGive Foundation. BitPay has not made any acquisitions as of now.

Reports related to BitPay

Here is the latest report on BitPay's geography:

News related to BitPay

lockFilter this list
Media has covered BitPay for a total of 4 events in the last 1 year, 2 of them have been about company updates and 2 about partnerships.
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