BitPay
BitPay is a bitcoin payments processor that has raised $114M and operates globally. The company employs 144 people and has processed over $5B in bitcoin payments since its 2011 founding.
The growth story
BitPay grew from 134 to 144 employees between 2021 and 2026, raising $114M along the way, most recently a Series B in July 2021.
About
BitPay provides payment processing tools for businesses and individuals to accept, store, and spend bitcoin. Its products include payment APIs, merchant tools, and a bitcoin wallet app, serving customers across North America, Europe, and South America.
The company raised $70M in its 2021 Series B, bringing total funding to $114M. With offices in three continents, BitPay has become one of the most established players in cryptocurrency payments, processing billions in transaction volume since launching in 2011.
Founders and leadership
Engineering is BitPay's largest function, with 12 engineers analyzed. The company has maintained a lean team of 144 employees despite its global operations and $114M in funding.
The BitPay org chart
Stephen Pair (CEO) leads 36 mapped leaders with 10 direct reports. Click +N to expand a team; names link to the person’s public profile.
Departments, and which ones grew
Headcount by function: Finance 25 (-11% YoY), Engineering 19 (-5% YoY), Business Development 16 (+14% YoY), Sales 12 (0% YoY), Marketing 8 (0% YoY), Entrepreneurship 7 (0% YoY).
Talent flow
BitPay recruits heavily from crypto and payments companies, with multiple hires from PayPal, Kraken, and eBay. Alumni have gone on to work at Amazon, Decentraland, and crypto startups like ZenLedger and Rain.
Most common previous employers of BitPay staff: PayPal (3), Kraken (3), eBay (2), Bill Me Later (2), VersionOne (now Digital.ai) (2), Forter (2). Former BitPay employees most often moved to Hemi Labs (2), ZenLedger (2), Decentraland (2), Amazon (2), Rain (2), WEX (2).
Alumni worth knowing
The BitPay mafia
BitPay alumni have founded 17 companies, including Hemi Labs (31 employees), Beluga (17 employees), and several financial services startups. The company has spawned a notable crypto entrepreneurship network.
17Jeff Garzik, was Bitcoin Core Developer until 2014Sonny Singh, was Chief Commercial Officer until 2021Paige Freeman, was Founding Team & VP of Sales until 2014Harsha Goli, was Software Developer until 2017Yamini Sagar, was Senior Product Manager until 2020Eric Martindale, was Developer Advocate & Open Source Strategy until 2015
Kellen Presley, was Senior Software Engineer until 2016
Chris Denny, was Director of Business Development until 2023
Wouter Vonk, was European Marketing Manager until 2016
Corey Glaze, was Product Owner & GTM Lead (Creator of BitPay Visa® Card) until 2017
Pierre Rochard, was Staff Accountant until 2015
Jim Lester, was Secretary Board of Directors until 2025
Philip Hutchins, was Director of DevOps until 2015
Ankit Verma, was Backend Development Intern until 2019
John G., was Software Engineering Manager until 2021
Kyle Drake, was Senior Developer until 2013Web traffic
Traffic mix: 35% direct, 40% search, 3% social, 0% paid.
What this company is made of
Most common skills at BitPay: Management (33), Leadership (31), Microsoft Office (23), Customer Service (23), Marketing (19), JavaScript (19), Microsoft Excel (19), Project Management (17).
Where the team actually sits
BitPay people are concentrated in Georgia, United States (11), United States (6), Atlanta Metropolitan Area (5), Texas, United States (5). 4 offices on record.
Search footprint
BitPay attracts about 40,760 organic search visits a month, traffic worth roughly $274K a month if bought through ads. It gained 4,578 ranking keywords and lost 5,895 in the last period.
What employees say
- Compensation
- 4.00 / 5
- Career opportunities
- 3.80 / 5
- Senior management
- 3.20 / 5
- Work-life balance
- 4.00 / 5
Frequently asked
BitPay has 144 employees as of September 2026.
BitPay has raised $114M in total, most recently a Series B round in July 2021.
BitPay was founded in 2011 by Tony Gallippi.
Stephen Pair (CEO) sits at the top of BitPay's reporting structure, with 10 direct reports.
The most common previous employers of current BitPay staff are PayPal (3 people), Kraken (3 people), eBay (2 people).
Former BitPay employees most often move to Hemi Labs (2), ZenLedger (2), Decentraland (2).
At least 17 companies have a founder who previously worked at BitPay, including Hemi Labs, Beluga, Newton Consulting.
BitPay attracts about 40,760 organic search visits a month, worth roughly $274K a month in equivalent ad spend.
The most common skills among BitPay staff are Management, Leadership, Microsoft Office, Customer Service, Marketing.
BitPay staff are concentrated in Georgia, United States (11), United States (6), Atlanta Metropolitan Area (5).
BitPay has about 25 people in Finance, down 11% over the past year, as of September 2026.
BitPay has about 19 people in Engineering, down 5% over the past year, as of September 2026.
Computed from 75 current and 254 former BitPay profiles, as of September 2026. Source: Crustdata.
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