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Circle - About the company

Circle is a public company based in Boston (United States), founded in 2013 by Sean Neville and Jeremy Allaire. It operates as a Cross-border payment solution for businesses focusing on cryptocurrency. Circle has raised $1.5B in funding from investors like Coinbase, Fidelity Investments and BlackRock. The company has 317 active competitors, including 72 funded and 7 that have exited. Its top competitors include companies like Terra, KAST and Celo.

Sectors and market segments that Circle operate in

Circle serves in the FinTech, Blockchain Technology market segments.The primary business model of Circle are:

Company Details

Cross-border payment solution for businesses focusing on cryptocurrency. It offers a payments API for payment processing, a payouts API for global payouts solutions, and more. The mobile application is available for Android users.
Social
XFacebook
Email ID
*****@circle.com
Registered Address
Boston, Massachusetts
Key Metrics
Founded Year
2013
Location
Boston, United States
Stage
Public
Total Funding
$1.5B in 7 rounds
Investors
Ranked
Employee Count
1,468 as on May 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

Circle's IPO details

Circle got listed on Jun 05, 2025.
Click here to take a look at Circle's IPO in detail
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Circle's funding and investors

Circle has raised a total funding of $1.5B over 7 rounds. Its first funding round was on May 13, 2016. Its latest funding round was a Series E round on Aug 22, 2023 for an undisclosed amount. 1 investor participated in its latest round. Circle has 52 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Circle:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 22, 2023
Undisclosed
Series E
-
-
-
Apr 12, 2022
$400M
Series E
-
-
Jan 01, 2022
$10M
ICO
-
-
-
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Circle's founders and board of directors

Founder? Claim Profile
The founders of Circle are Sean Neville and Jeremy Allaire. Ryan Feit and Jeremy Allaire are the CEOs of Circle.
Here are the details of Circle's key team members:

Circle's employee count trend

Circle has 1,468 employees as of May 26. Here is Circle's employee count trend over the years:
Employee count trend for Circle
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Circle's Competitors and alternates

Top competitors of Circle include Terra, KAST and Celo. Here is the list of Top 10 competitors of Circle, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Circle
Circle
2013, Boston (United States), Public
Cross-border payment solution for businesses focusing on cryptocurrency
$1.5B
88/100
2nd
Logo for Terra
Terra
2018, Singapore (Singapore), Series B
Blockchain network for payments
$125M
75/100
3rd
Logo for KAST
KAST
2024, Mutsamudu (Comoros), Series A
App-based platform offering stablecoins
$90M
71/100
4th
Logo for Celo
Celo
2011, San Francisco (United States), Acquired
Blockchain-based stable coins for social payments and money transfers
$65M
71/100
5th
Logo for StableCorp
StableCorp
2019, Toronto (Canada), Series A
Decentralized stable coin used for enabling B2B payments
$8.51M
59/100
6th
Logo for MakerDAO
MakerDAO
2014, San Francisco (United States), Series A
Stable coin based on Ethereum blockchain
$63M
58/100
7th
Logo for JPYC
JPYC
2019, Chiyoda City (Japan), Series B
Prepaid Japanese Yen Stablecoin made on public blockchain
$67.5M
57/100
8th
Logo for TrustToken
TrustToken
2017, San Francisco (United States), Series A
Decentralized platform for physical asset tokenization
$32.5M
57/100
9th
Logo for 1Money
1Money
2024, Bermuda, Seed
Provider of a stablecoin payments network
$20M
56/100
10th
Logo for Schuman Financial
Schuman Financial
2024, Paris (France), Seed
Developer of infrastructure for on-chain finance
$7.36M
56/100
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Circle's Investments and acquisitions

Circle has made 69 investments in companies including Morpho and Turnkey. Circle has also acquired 6 companies including Hashnote and Element Payments.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jun 09, 2026
Investments
2021
Paris (France)
May 14, 2026
Investments
2022
New York City (United States)
Apr 15, 2026
Investments
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See all investments and acquisitions by Circle

Reports related to Circle

Here is the latest report on Circle's sector:

News related to Circle

lockFilter this list
Media has covered Circle for a total of 271 events in the last 1 year, 103 of them have been about company updates and 62 about partnerships.
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