About BlockChyp
BlockChyp is a company based in Kennewick (United States) founded in 2018 was acquired by Stax in October 2024. BlockChyp has raised $2.44 million across 1 funding round from investors including Stax Payments. BlockChyp operates in a competitive market with competitors including Stripe, PayPal, Flutterwave, Square and Wright Express, among others.
- Headquarter Kennewick, United States
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website blockchyp.com
- Social LinkedIn YouTube
- Acquired by Stax (Oct 2024)
- Legal Name Blockchyp Inc
- Total Equity Funding$2.44M (USD)
in 1 rounds
- Latest Funding Round$2.44M (USD), Seed
Aug 2022
- Investors
- Acquired byStax
(Oct 2024)
Apps and channels of BlockChyp
its YouTube channel BlockChyp® has 86 subscribers and 27 videos.
Videos from BlockChyp
The most watched videos on BlockChyp's YouTube channel, BlockChyp® (86 subscribers). Click a video to play it here.
More on BlockChyp®.
Funding Insights of BlockChyp
BlockChyp has successfully raised a total of $2.44M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.44 million completed in August 2022. 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.
- Total Funding $2.44M
- Total Rounds 1
- Last Round Seed — $2.44M
- First Round $2.44M
(Aug 2022)
All 1 funding rounds of BlockChyp with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2022 | $2.44M | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in BlockChyp
BlockChyp has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Stax Payments.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Payment processing solutions are provided to businesses of all sizes. | 2014 | staxpayments.com | Orlando, United States |
Investor details for BlockChyp
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of BlockChyp
4 people are tracked at BlockChyp (2 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Jon Decker | CEO | Leadership |
Jeffrey Payne | Chief Technology Officer | Leadership |
Sajesh Pradhan | QA Analyst/ IT Management | Team |
Braxton B. | Software Engineer | Team |
Complete people profiles for BlockChyp
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of BlockChyp
3 dated milestones of BlockChyp across 6 years, from founding to its latest funding, stage changes and deals.
- Founded BlockChyp is founded.
- Funding First funding round of $2.4M.
- Exit Acquired by Stax.
Competitors of BlockChyp
BlockChyp 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 Stripe, PayPal, Flutterwave, Square and Wright Express, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| stripe.com | 2009 | San Francisco, United States | $9.81B | 5,904 | Payment processing and card issuance solutions are provided for businesses. | |
| paypal.com | 1998 | San Jose, United States | $216M | 27,200 | Online payment solutions are offered to consumers and businesses. | |
| flutterwave.com | 2016 | San Francisco, United States | $319.41M | – | Provider of payment processing solutions for businesses | |
| squareup.com | 2009 | San Francisco, United States | $519.75M | 11,372 | POS solutions are provided for retail businesses. | |
| wexinc.com | 1983 | Portland, United States | – | 6,123 | Employee benefit administration and payment solutions are provided for enterprises. | |
| payu.com | 2002 | Amsterdam, Netherlands | $35.15M | 1,200 | Online payment processing and credit solutions are provided for businesses. | |
| nuvei.com | 2003 | Montreal, Canada | $321.71M | – | Payment processing solutions are delivered to merchants and businesses. | |
| moderntreasury.com | 2018 | San Francisco, United States | $183.15M | 77 | Payment processing and treasury management solutions are offered to businesses. | |
| jackhenry.com | 1976 | Monett, United States | – | 7,120 | Banking and payments solutions are provided through a dedicated platform. |
Detailed competitors of BlockChyp
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of BlockChyp
The website of BlockChyp (blockchyp.com) receives about 9.8K visits a month.
- Monthly visits9.8K
▲ 64% vs previous month
Similar companies to BlockChyp
10 companies that operate in the same segment as BlockChyp (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 4.14 B | – | – | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | – | – | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | – | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 742 M | USD 302.19 M | 2,641 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 604.02 M | USD 179.52 M | 709 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, Netherlands | USD 35.15 M | USD 5.47 B | 1,200 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 |
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Frequently Asked Questions about BlockChyp
BlockChyp was founded in 2018 and raised its 1st funding round 4 years after it was founded.
BlockChyp is headquartered in Kennewick, United States. It is registered at Kennewick, Washington, United States.
Jon Decker is the current CEO of BlockChyp.
BlockChyp is a funded company, having raised a total of $2.44M across 1 funding round to date. The company's 1st funding round was a Seed of $2.44M, raised on Aug 2022.
BlockChyp was founded in 2018 and is headquartered in Kennewick, United States. SaaS-based payment processing solutions are delivered to businesses and merchants within the fintech sector. Core services encompass payment gateways, EBT processing, contactless payments, and gift card-based transactions. Additional offerings include digital signatures and tokenization to support secure operations. These solutions facilitate efficient payment handling across various business needs.
BlockChyp's top competitors include Stripe, PayU and Flutterwave.
BlockChyp has 1 investor. Key investors include Stax Payments.
BlockChyp operates through Blockchyp Inc.
Yes. BlockChyp was acquired by Stax in October 2024.