BitPay was founded in 2011, while Bitcoin was still in its infancy. We saw the potential for bitcoin to revolutionize the financial industry, making payments faster, more secure, and less expensive on a global scale.
We started BitPay with the intention of making it easy for businesses to accept bitcoin payments, and we are currently the largest bitcoin payment processor in the world, serving more than 60,000 merchants on six continents.
Payment processing was our first contribution to the Bitcoin ecosystem, but it is not our last. We're building open source software to power the next applications of Bitcoin. Bitcoin's future looks very bright, and we plan on remaining on the forefront of this technology, creating more tools and services for everyone to use in innovative new ways.