BitPay | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

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BitPay is a leading financial services company specializing in cryptocurrency payment processing. It offers tools for individuals and merchants to buy, store, swap, and spend cryptocurrencies securely. With a focus on Bitcoin and other virtual currencies, BitPay provides solutions for e-commerce, mobile commerce, and cross-border payments, making it easy for businesses to accept cryptocurrency payments without price volatility risk.

🛍️ BitPay Product and Pricing News →

👔 BitPay CEO, Management and Leadership Team →

⚔️ BitPay Alternatives and Competitors →

💼 BitPay Hiring and Layoffs →

🤖 BitPay Developer, Integration and Automation News →

📈 BitPay Financials, Fundraising and Valuation News →

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🛍️ BitPay Product and Pricing News

• BitPay now offers the option to get paid in GBP instead of BTC for crypto payments.
• BitPay has updated its wallet app to support POL as the gas token for transactions on the Polygon network following the MATIC to POL migration, with no immediate action required from users.
• BitPay will participate in Money20/20 in Las Vegas from October 27 to October 30 to discuss crypto payments and payouts.
• BitPay announced a limited-time offer of zero fees for crypto purchases via Simplex, including BTC, LTC, ETH, BCH, MATIC, and over 60 other coins.
• BitPay processes one-third of its transactions in Litecoin, highlighting its real-life use case.

• A user reported on October 5 that BitPay's authentication component is broken, causing registration issues and delayed support response.
• In September 2024, Litecoin was the most used cryptocurrency for transactions on BitPay for the 10th consecutive month.

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👔 BitPay CEO, Management and Leadership Team

• Robert Donovan

  
  Chief Compliance Officer
  [email protected]

• Michelle Jager

  
  Chief People Officer
  [email protected]

• Melissa A.

  
  Director of Marketing
  undefined

• Jagruti S.

  
  Chief Financial Officer
  undefined

• William Zielke

  
  Chief Revenue and Chief Marketing Officer
  [email protected]

• Justin Langston

  
  CTO
  [email protected]

• Merrick Theobald

  
  Vice President Marketing
  [email protected]

• Stephen Pair

  
  Cofounder, President and CEO, BitPay.com
  [email protected]

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⚔️ BitPay Alternatives and Competitors

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💼 BitPay Hiring and Layoffs

• The Head of Legal at BitPay, reporting to the President and COO, will lead the Legal Department and collaborate with various teams on product launches and compliance.
• Ignacio Bermeo has joined BitPay as a Compliance Officer in the Netherlands, previously serving as a Compliance Officer at Adyen.
• Mr. Robinson is a board observer at BitPay.
• BitPay is hiring.

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🤖 BitPay Developer, Integration and Automation News

• Donald Trump's 2024 presidential campaign has partnered with BitPay to accept cryptocurrency donations.
• FlameStone American Grill has partnered with BitPay to accept cryptocurrency payments.
• Canary Capital highlights Litecoin's utility in real-world payments through its collaboration with BitPay, enhancing its appeal for a potential Litecoin ETF.
• Several UK retailers, including Overclockers UK, are now using BitPay to accept Bitcoin for online purchases, enhancing transaction speed and security.

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📈 BitPay Financials, Fundraising and Valuation News

• BitPay processed fewer crypto transactions in the last 6 months and 30 days, with a decrease to 263,129 and 39,755 respectively.
• BitPay reports that Litecoin accounted for 37% of all crypto transactions in September, surpassing Bitcoin and Ethereum.
• BitPay reports that Dogecoin accounts for about 6% of all transactions they process, highlighting its growing use in everyday transactions.

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