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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.
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Email ID
*****@metalpay.co
Registered Address
San Francisco, California
Key Metrics
Founded Year
2016
Location
San Francisco, United States
Stage
Seed
Latest Funding Round
Investors
Ranked
Employee Count
135 as on Jun 30, 2026
Investment & Acquisitions
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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
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Metal Pay's founders and board of directors

Founder? Claim Profile
The 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:

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:
Employee count trend for Metal Pay
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Skrill
Skrill
2001, London (United Kingdom), Acquired
Provider of digital wallet services for online payments and money transfers
-
67/100
2nd
Logo for Bitwage
Bitwage
2013, San Francisco (United States), Acquired
Payroll and invoicing solutions for cryptocurrencies
$2.26M
66/100
3rd
Logo for AZA Finance
AZA Finance
2013, London (United Kingdom), Series C
Software for cross-border remittance and forex management
$41.8M
62/100
4th
Logo for Mixin
Mixin
2013, Brighton (United Kingdom), Funding Raised
Decentralized P2P transaction network
-
57/100
5th
Logo for Colu
Colu
2014, Tel Aviv (Israel), Acquired
Developer of a platform for cities to engage with residents
$26.6M
53/100
6th
Logo for Metal Pay
Metal Pay
2016, San Francisco (United States), Seed
Blockchain-based remittance solution with an own reward native currency
-
52/100
7th
Logo for Everex
Everex
2016, Singapore (Singapore), Seed
Blockchain-based microfinance and remittance platform
$500K
49/100
8th
Logo for ARYZE
ARYZE
2017, Copenhagen (Denmark), Seed
Payment infrastructure for money transfer solutions
$5.09M
48/100
9th
Logo for Velo
Velo
2019, Bangkok (Thailand), Series A
Blockchain-based payment solution
$10M
47/100
10th
Logo for Electroneum
Electroneum
2017, Maidstone (United Kingdom), Funding Raised
Cross border P2P crypto transfers
-
46/100
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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

lockFilter this list
•
Crypto Firm Metal Pay Applies for a US Federal Banking CharterFinance Magnates•Feb 05, 2021•Metal Pay
•
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Metal Pay Announces Early Beta Release of its Proton Open SDKProgrammableWeb•Aug 18, 2020•Metal Pay
•
TRON Taps into P2P App Metal Pay to Access US Crypto MarketFinance Magnates•Mar 25, 2020•TRON, Metal Pay
•
Metal Pay Backers Launch $1 Million Crypto Venture FundFinance Magnates•Oct 11, 2019•Metal Pay
•
Metal to Acquire Crumbs Technologies Inc.PR Newswire•May 30, 2018•Metal Pay, Crumbs, Crumb, Crumbs App
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