Metal Pay - About the company
Metal Pay is a seed company based in San Francisco (United States), founded in 2016 by Glenn Marien and Marshall Hayner. It operates as a Blockchain-based remittance solution with an own reward native currency. Metal Pay has raised an undisclosed amount in funding. The company has 94 active competitors, including 13 funded and 5 that have exited. Its top competitors include companies like Skrill, Bitwage and AZA Finance.
Company Details
Metal is a mobile-based blockchain leveraging money transfer solution. The app claims to allow consumers to send money instantly and better rates, the app comes along with a Visa issued debit card. Users can send USD which are converted to BTC while sending, however, Metal has its own proprietary native currency called "METAL". METAL is distributed through a Proof of Payments Processed (PoPP). Consumers earn a little reward in METAL for every dollar they spend whenever they send money or make purchases. There are only 42M METAL and customers can earn up to 5% METAL on every purchase.
- Website
- www.metalpay.com/
- Email ID
- *****@metalpay.co
- Registered Address
- San Francisco, California
Key Metrics
Founded Year
2016
Location
San Francisco, United States
Stage
Seed
Latest Funding Round
Ranked
6th among 94 active competitors
Employee Count
135 as on Jun 30, 2026
Legal entities associated with Metal Pay
Metal Pay is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
METALLICUS INC CIN: 821826748 , United States, Active | Dec 31, 1999 | - | 24 (As on Dec 31, 2024) | - |
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Metal Pay's funding and investors
Metal Pay has raised funding over 2 rounds. Its first funding round was on Mar 2017. Metal Pay has 4 institutional investors.
Here is the list of recent funding rounds of Metal Pay:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 21, 2019 | 8709101 | Angel | 6479711 | 9145191 | 2343465 | 2016290 |
Mar 2017 | 4977469 | ICO | 9271160 | 5843016 | 3399107 | 2761147 |
View details of Metal Pay's funding rounds and investors
Metal Pay's founders and board of directors
Founder? Claim ProfileThe founders of Metal Pay are Glenn Marien and Marshall Hayner. Marshall Hayner is the CEO of Metal Pay.
Here are the details of Metal Pay's key team members:
- Glenn Marien: Co-Founder & CTO of Metal Pay.
- Marshall Hayner: Co-Founder & CEO of Metal Pay. Contact Info: 1 email address
View details of Metal Pay's Founder profiles and Board Members
Metal Pay's employee count trend
Metal Pay has 135 employees as of Jun 26. Here is Metal Pay's employee count trend over the years:
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Metal Pay's Competitors and alternates
Top competitors of Metal Pay include Skrill, Bitwage and AZA Finance. Here is the list of Top 10 competitors of Metal Pay, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Skrill 2001, London (United Kingdom), Acquired | Provider of digital wallet services for online payments and money transfers | - | 67/100 | |
2nd | Bitwage 2013, San Francisco (United States), Acquired | Payroll and invoicing solutions for cryptocurrencies | $2.26M | 66/100 | |
3rd | AZA Finance 2013, London (United Kingdom), Series C | Software for cross-border remittance and forex management | $41.8M | 62/100 | |
4th | Mixin 2013, Brighton (United Kingdom), Funding Raised | Decentralized P2P transaction network | - | 57/100 | |
5th | Developer of a platform for cities to engage with residents | $26.6M | 53/100 | ||
6th | Metal Pay 2016, San Francisco (United States), Seed | Blockchain-based remittance solution with an own reward native currency | - | 52/100 | |
7th | Blockchain-based microfinance and remittance platform | $500K | 49/100 | ||
8th | Payment infrastructure for money transfer solutions | $5.09M | 48/100 | ||
9th | Blockchain-based payment solution | $10M | 47/100 | ||
10th | Electroneum 2017, Maidstone (United Kingdom), Funding Raised | Cross border P2P crypto transfers | - | 46/100 |
Looking for more details on Metal Pay's competitors? Click here to see the top ones
Metal Pay's Investments and acquisitions
Metal Pay has acquired 2 companies including Crumb and Crumbs App. Metal Pay has not made any investments as of now.Reports related to Metal Pay
Here is the latest report on Metal Pay's sector:
News related to Metal Pay
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Metal Pay launches digital assets and payments service in Europe, in 30 new marketsPR Newswire•Jun 08, 2022•Metal Pay
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Crypto Payments Startup Metal Pay Applies for National Bank CharterCoinspeaker•Feb 05, 2021•Metal Pay
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Crypto Firm Metal Pay Applies for a US Federal Banking CharterFinance Magnates•Feb 05, 2021•Metal Pay
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TRON Taps into P2P App Metal Pay to Access US Crypto MarketFinance Magnates•Mar 25, 2020•TRON, Metal Pay
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Metal Pay Launches With Peer-to-Peer Payments App That Rewards Users With Up to Five Percent Back in CryptocurrencyPR Newswire•Sep 14, 2018•Metal Pay, Metalicus
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Metal to Acquire Crumbs Technologies Inc.PR Newswire•May 30, 2018•Metal Pay, Crumbs, Crumb, Crumbs App
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MetalPay Launches a Platform Where Users Can Redeem Their Digital Gold in the Form of JewelleryBW Businessworld•Apr 24, 2018•Metal Pay
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