About Bitwage
Bitwage is a company based in San Francisco (United States) founded in 2013 was acquired by PayStand in November 2025. Bitwage has raised $2.26 million across 2 funding rounds from investors including PayStand, BnkToTheFuture and Draper Associates. The company has 10 employees as of December 31, 2022. Bitwage offers products and services including Bitwage Payroll Platform and Crypto-Powered Benefits. Bitwage operates in a competitive market with competitors including Gusto, Justworks, Earnin, Paylocity and Payflow, among others.
- Headquarter San Francisco, United States
- Employees 10 as on 31 Dec, 2022
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- Legal Name Bitwage Inc
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Products & Services of Bitwage
Bitwage offers a comprehensive portfolio of products and services, including Bitwage Payroll Platform and Crypto-Powered Benefits.
Platform for managing global payments in crypto or local currency securely.
Service allowing employees to receive wages in cryptocurrency alongside traditional methods.
People of Bitwage
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Funding Insights of Bitwage
Bitwage has successfully raised a total of $2.26M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.5 million completed in October 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Bitwage
Bitwage has secured backing from 7 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include PayStand, BnkToTheFuture and Draper Associates.
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Venture capital fund focused on cryptocurrency startups
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CloudMoneyVentures is focused on programmable money solutions for connectivity.
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Investor details for Bitwage
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Investments & Acquisitions by Bitwage
Investment portfolio details for Bitwage
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Financial Statements - Bitwage
Detailed financials for Bitwage
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Bitwage Comparisons
Peer comparison for Bitwage
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Competitors of Bitwage
Bitwage operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Gusto, Justworks, Earnin, Paylocity and Payflow, among others.
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Cloud-based HR and payroll solutions are offered for small businesses.
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Benefits administration and payroll management are provided for businesses.
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Real-time access to earned wages is provided fee-free.
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Cloud-based payroll and HR solutions are provided for businesses.
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Payflow is recognized as a financial wellness application for employees.
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Cloud-based HR and payroll management solutions are offered.
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Detailed competitors of Bitwage
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Latest news on Bitwage
Complete news archive for Bitwage
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Frequently Asked Questions about Bitwage
Bitwage was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Bitwage is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Bitwage is a funded company, having raised a total of $2.26M across 2 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Bitwage is 10.
Bitwage was founded in 2013 in San Francisco, United States, within the fintech sector focused on blockchain applications. International payroll services are delivered to businesses through blockchain technology, enabling secure wage distribution. Invoicing solutions are also offered for cryptocurrency transactions. Employees can receive payments in bitcoin or local currencies and use them for purchases without requiring a bank account. Operations extend globally to support remote and distributed workforces.
Bitwage offers Bitwage Payroll Platform and Crypto-Powered Benefits.
Bitwage has 7 investors. Key investors include PayStand, BnkToTheFuture, Draper Associates, Orange Silicon Valley, and Bitcoin Capital.