Galoy - About the company
Galoy is a series A company based in Sunnyvale (United States), founded in 2019 by Chris Hunter and Nicolas Burtey. It operates as a Cryptocurrency-based banking infrastructure solutions for businesses and communities. Galoy has raised $7M in funding from investors like Craft Ventures, Fulgur Ventures and Bitcoiner Ventures. The company has 18 active competitors, including 6 that are funded. Its top competitors include companies like Fiat Republic, Interlace and BipTap.
Company Details
Cryptocurrency-based banking infrastructure solutions for businesses and communities. It also facilitates banking-as-a-service solutions for crypto users. It offers services such as money transfers, QR-based payments, and more.
- Website
- galoy.io
- Social
Key Metrics
Founded Year
2019
Location
Sunnyvale, United States
Stage
Series A
Total Funding
$7M in 2 rounds
Latest Funding Round
Investors
Ranked
2nd among 18 active competitors
Employee Count
16 as on Jun 30, 2026
Similar Companies
Legal entities associated with Galoy
Galoy is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
GALOY INC CIN: 7602764 , United States, Active | Sep 10, 2019 | - | - | - |
Sign up to download Galoy's company profile
Galoy's funding and investors
Galoy has raised a total funding of $7M over 2 rounds. Its first funding round was on Dec 15, 2021. Its latest funding round was a Series A round on Aug 03, 2022 for $*****. 7 investors participated in its latest round. Galoy has 11 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of Galoy:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 03, 2022 | 1500556 | Series A | 7212509 | 4431186 | 1625073 | 6536137 |
Dec 15, 2021 | 2055988 | Seed | 8744750 | 7580934 |
Access funding benchmarks and valuations. Sign up today!View details of Galoy's funding rounds and investors
Galoy's founders and board of directors
Founder? Claim ProfileHere are the details of Galoy's key team members:
- Chris Hunter: Former Co-Founder of Galoy. They are also an angel investor in 3 startups and serve on the board of 1 company.
- Nicolas Burtey: Co-Founder & CEO of Galoy. Contact Info: 1 email address
View details of Galoy's Founder profiles and Board Members
Galoy's employee count trend
Galoy has 16 employees as of Jun 26. Here is Galoy's employee count trend over the years:
Uncover Galoy's growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Galoy's Competitors and alternates
Top competitors of Galoy include Fiat Republic, Interlace and BipTap. Here is the list of Top 10 competitors of Galoy, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Fiat Republic 2021, London (United Kingdom), Seed | Provider of API facilitating fiat and cryptocurrency transactions for businesses | $13M | 47/100 | |
2nd |  Galoy 2019, Sunnyvale (United States), Series A | Cryptocurrency-based banking infrastructure solutions for businesses and communities | $7M | 45/100 | |
3rd | Provider of crypto banking solutions | $10M | 45/100 | ||
4th | BipTap 2022, London (United Kingdom), Seed | Platform providing blockchain-based privacy-centric offshore banking solution | $2M | - | 45/100 |
5th | - | - | - | 39/100 | |
6th | Provider of SWIFT-enabled stablecoin payment solutions for global trade. It facilitates seamless international payments using stablecoins and traditional banking rails, eliminating pre-funding requirements. The platform offers global fiat payouts directly from USDC, bypassing the need for additional currency trades. A reliance model is employed, negating the need for merchant onboarding for payouts. The company also provides an API for creating named USD accounts and a user-friendly platform for managing payments and tracking transactions. This solution is designed for speed and simplicity, requiring minimal integration. | - | 36/100 | ||
7th |  Reah 2025, Menlo Park (United States), Unfunded | Provider of financial software for managing fiat and digital assets | - | - | 33/100 |
8th |  Vesto 2018, Cheyenne (United States), Funding Raised | Crypto banking as a service platform for financial services | - | - | 29/100 |
9th |  Jewel Bank 2019, Hamilton (Canada), Funding Raised | Digitally native bank for digital asset investors and market makers | - | 27/100 | |
10th | Provider of comprehensive platform for fiat-to-crypto banking services | - | - | 23/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Galoy's competitors? Click here to see the top ones
Galoy's Investments and acquisitions
Galoy has made no investments or acquisitions yet.
Reports related to Galoy
Here is the latest report on Galoy's sector:
News related to Galoy
•
Galoy Debuts Lana Platform to Increase Access to Bitcoin-Backed LendingPYMNTS.com•Feb 06, 2025•Galoy
•
Banking Platform Galoy Raises $4M for Bitcoin-Backed Synthetic DollarCoinDesk•Aug 03, 2022•Galoy, Hivemind, Valor Equity Partners, TimechainSwap and 5 others
•
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about Galoy
Explore our recently published companies
- Big Leads - Lead Generation - Vancouver based, 2020 founded, Unfunded company
- ProError software - Pune based, 2015 founded, Unfunded company
- Timewitch - Japan based, 2021 founded, Unfunded company
- J P University - Chapra based, 1990 founded, Unfunded company
- Lucky You - Sao Paulo based, 2017 founded, Unfunded company
- Trouwnutrition-Benelux - 2021 founded, Unfunded company
