BitPay is a global bitcoin payment service provider that builds powerful tools for spending, accepting, and building with bitcoin.
BitPay is one of the largest bitcoin payment processors that has started processing US$1 million daily in 2014.
Bitpay was founded in 2011 by Stephen Pair & Tony Gallippi and is based in Atlanta, Georgia, United States with offices throughout North America, Europe, and South America.
In 2014, BitPay announced partnerships with merchants including Microsoft, NewEgg, TigerDirect, and Warner Bros. Records.In the same year, BitPay also partnered with payment systems operator PayPal as well as merchant acquirers such as Global Payments and Alternet Systems.
BitPay has raised a total amount of $62.15M in 4 funding rounds as of Dec 6, 2017 when they raised a Series B of $35M funding from Aquiline Technology Growth.