BitPay is a global bitcoin payment service provider that builds powerful tools for spending, accepting, and building with bitcoin.
BitPay builds powerful tools for spending, accepting, and building with bitcoin.
Bitpay was founded in May 2011 by Stephen Pair and Tony Gallippi. The company is based in Atlanta, Georgia, United States with offices throughout North America, Europe, and South America.
BitPay pioneered blockchain payment processing with the mission of transforming how businesses and people send, receive, and store money.
BitPay's business solutions eliminate transaction fraud, reduce the cost of payment processing, and enable borderless payments in cryptocurrency, among other services. BitPay offers consumers a complete digital asset management solution that includes the BitPay Wallet and BitPay Prepaid Card, enabling them to turn digital assets into dollars for spending at tens of thousands of businesses.
BitPay has 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 is backed by Index Ventures, Founders Fund, Virgin Group, Aquiline Technology Growth, Horizons Ventures, RRE Ventures and others. The company has raised a total of $72.5M in funding to date. BitPay Named Atlanta Inno’s “50 on Fire” Winner in 2020.