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Circle - About the company

Circle is a public company based in Boston (United States), founded in 2013 by Jeremy Allaire and Sean Neville. 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 313 active competitors, including 71 funded and 6 that have exited. Its top competitors include companies like Terra, Celo and KAST.

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
1,402 as on Mar 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 51 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 Jeremy Allaire and Sean Neville. Jeremy Allaire is the CEO of Circle.
Here are the details of Circle's key team members:

Circle's employee count trend

Circle has 1,402 employees as of Mar 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, Celo and KAST. 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 Celo
Celo
2011, San Francisco (United States), Acquired
Blockchain-based stable coins for social payments and money transfers
$65M
71/100
4th
Logo for KAST
KAST
2024, Mutsamudu (Comoros), Series A
App-based platform offering stablecoins
$90M
70/100
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 TrustToken
TrustToken
2017, San Francisco (United States), Series A
Decentralized platform for physical asset tokenization
$32.5M
57/100
8th
Logo for Schuman Financial
Schuman Financial
2024, Paris (France), Seed
Developer of infrastructure for on-chain finance
$7.36M
57/100
9th
Logo for 1Money
1Money
2024, Bermuda, Seed
Provider of a stablecoin payments network
$20M
56/100
10th
Logo for JPYC
JPYC
2019, Chiyoda City (Japan), Series B
Prepaid Japanese Yen Stablecoin made on public blockchain
$18.4M
55/100
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Looking for more details on Circle's competitors? Click here to see the top ones

Circle's Investments and acquisitions

Circle has made 66 investments in companies including TazaPay and EdgeX. 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
Mar 26, 2026
Investments
2020
Singapore (Singapore)
Feb 10, 2026
Investments
2023
Dec 16, 2025
Investments
2023
Hong Kong (China)
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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 243 events in the last 1 year, 83 of them have been about company updates and 59 about partnerships.
Brix raises $5.5m in new fundingFinTech CollectiveApr 17, 2026, FRWRD, Consensys, Borderless Capital and 3 others
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FAQs about Circle

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