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 206 active competitors, including 33 funded and 10 that have exited. Its top competitors include companies like Ripple, IOTA and wamo.
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.
- Website
- www.bitpay.com/
- 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
Investors
Ranked
2nd among 206 active competitors
Employee Count
144 as on May 31, 2026
Investment & Acquisitions
Legal entities associated with BitPay
BitPay is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
BITPAY, INC. CIN: 471800074 , United States, Active | Jun 03, 2012 | - | 53 (As on Dec 31, 2024) | - |
BITPAY, INC. CIN: 001t000000x98JzAAI , United States, Active | Dec 23, 2022 | - | - | - |
BitPay CIN: 40203094617 , Latvia, Deadpooled | Sep 22, 2017 | $0 - $1M (As on Dec 31, 2019) | 1 (As on Dec 31, 2020) | - |
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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:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 02, 2018 | 6871177 | Series B | 7132051 | 2032142 | 5005316 | 3028574 |
Dec 06, 2017 | 1243940 | Series B | 4064784 | 9512324 | 1589726 | 9131887 |
May 13, 2014 | 3049839 | Series A | 2192692 | 9057382 |
View details of BitPay's funding rounds and investors
BitPay's founders and board of directors
Founder? Claim ProfileHere are the details of BitPay's key team members:
- Stephen Pair: Co-Founder & CEO of BitPay and founder of 1 other company.
- Tony Gallippi: Co-Founder of BitPay.
View details of BitPay's Founder profiles and Board Members
BitPay's employee count trend
BitPay has 144 employees as of May 26. Here is BitPay's employee count trend over the years:
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BitPay's Competitors and alternates
Top competitors of BitPay include Ripple, IOTA and wamo. Here is the list of Top 10 competitors of BitPay, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Ripple 2012, San Francisco (United States), Series D | Provider of blockchain and digital asset solutions for financial institutions | $853M | 81/100 | |
2nd | BitPay 2011, Atlanta (United States), Series B | App-based crypto payment management solutions for individuals and businesses | $103M | 77/100 | |
3rd | Developer of a decentralized infrastructure for building and securing digital applications | - | 70/100 | ||
4th | wamo 2018, London (United Kingdom), Series A | Cross-border money transfer platform for businesses | $19.7M | 64/100 | |
5th | Fnality 2019, London (United Kingdom), Series C | Operator of decentralized payment systems for wholesale financial transactions | $136M | 63/100 | |
6th | TransFi 2022, Tampa (United States), Series A | Web3 payment platform designed for the purchase of digital assets | $16.6M | 62/100 | |
7th | API-based digital asset payment solution for individuals and businesses | $10M | 61/100 | ||
8th | RYVYL 2017, San Diego (United States), Public | Blockchain infrastructure solutions for payments and banking | - | - | 60/100 |
9th | Headquarters 2022, Singapore (Singapore), Acquired | Online platform offering multiple services for crypto | $5M | 59/100 | |
10th | Zebec 2021, San Francisco (United States), Series A | Platform for payments and financial transactions for cryptocurrency | $29.5M | 57/100 |
Looking for more details on BitPay's competitors? Click here to see the top ones
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 sector:
News related to BitPay
Media has covered BitPay for a total of 5 events in the last 1 year, 3 of them have been about company updates and 2 about partnerships.
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Nextech3D.ai Partners with BitPay for Crypto Payments & AWS MigrationWebDisclosure•Jan 16, 2026•NexTech AR Solutions, BitPay
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ACI Worldwide and BitPay Partner to Power Crypto Payments for Global MerchantsGlobal Fintech Series•Oct 16, 2025•ACI Worldwide, BitPay
•
Stablecoins Emerge as Viable Alternative to Traditional Payment Systems : BitPayCrowdfund Insider•Aug 29, 2025•BitPay
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BitPay Adds Solana Support, Bringing Real-World Utility to SOL and StablecoinsGlobal Fintech Series•Aug 13, 2025•Solana, BitPay
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BitPay Launches HODL Pay: Bridging DeFi and Everyday Crypto SpendingFintech Finance•May 13, 2025•BitPay
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ECD Auto Design to accept cryptocurrency payments via BitPaySeeking Alpha•Mar 20, 2025•East Coast, BitPay
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Stratos Jets Partners with BitPay to Accept Cryptocurrency for Jet ChartersGlobeNewswire•Dec 03, 2024•Stratos Jet Charters, BitPay
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SwapKit Announces BitPay Integration Expanding Cross-Chain Crypto SwapsThe Daily Hodl•Aug 27, 2024•SwapKit, BitPay
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Finmont Partners with the World’s Largest Provider of Cryptocurrency Payment Services, BitPayFintech Finance•Jul 17, 2024•BitPay, FinMont
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