About Circle
Circle is a Financial Services company based in San Francisco (United States) founded in 2020 by Nafis Jamal, and was acquired by Circle in September 2022. Payment routing solutions are provided for global businesses. It operates on a API-as-a-Product, Managed Services, and FinTech model. Circle offers products and services including USDC, EURC, USYC, Circle Payments Network, and Arc. Its focus areas include Financials, Cryptocurrency and Stablecoin Issuance. Its legal entity is Circle Internet Financial, LLC. Its competitors include Stripe, PayPal and Flutterwave; 3 of its 3 listed competitors have raised funding.
Company details
Circle is established as a provider of regulated stablecoins like USDC and EURC, facilitating near-instant, low-cost global transactions. The company is focused on building a new internet financial system, connecting traditional finance with digital assets. Solutions are offered across payments, currency access, and trading services, supported by enterprise-grade infrastructure. Operations span multiple sectors including fintech and blockchain, with a presence in over 185 countries. A network of financial institutions and developers is enabled through Circles platform, ensuring seamless money movement worldwide.
Products & Services of Circle
Circle offers a comprehensive portfolio of products and services, including USDC, EURC, USYC, Circle Payments Network, and Arc.
USDC is offered as a regulated digital dollar.
EURC is provided as a regulated digital euro.
USYC is managed as a tokenized money fund.
Payments are enabled through a global stablecoin network.
Arc is built for stablecoin finance solutions.
Apps and channels of Circle
its YouTube channel Circle has 8.49K subscribers and 30 videos.
Videos from Circle
The most watched videos on Circle's YouTube channel, Circle (8.49K subscribers). Click a video to play it here.
More on Circle.
Funding Insights of Circle
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Circle 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 2020 | Series A | – | Accel | – |
2 investors in total: 2 institutional.
Investors in Circle
Circle has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Circle and Accel.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Accel is recognized as a leading venture capital firm. | 1983 | accel.com | Palo Alto, United States | |
Cross-border cryptocurrency payments for businesses are enabled through APIs. | 2013 | circle.com | Boston, United States |
Investor details for Circle
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
People of Circle
2 people are tracked at Circle (2 in leadership).
| Name | Role | Group |
|---|---|---|
Nafis Jamal | Founder | Leadership |
Matthew Hodgson | CEO | Leadership |
Complete people profiles for Circle
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Circle
3 dated milestones of Circle across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Circle is founded.
- Funding First funding round.
- Exit Acquired by Circle.
Competitors of Circle
Circle has 3 listed competitors in our database, 3 of them funded. They include Stripe, PayPal and Flutterwave.
| 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 | $489.41M | Provider of payment processing solutions for businesses |
Detailed competitors of Circle
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as Circle (Payments & Remittance Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | 16,622 | ||
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | 6,209 |
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Related news about Circle
Complete news archive for Circle
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Frequently Asked Questions about Circle
Circle was founded in 2020.
Circle is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Circle is established as a provider of regulated stablecoins like USDC and EURC, facilitating near-instant, low-cost global transactions. The company is focused on building a new internet financial system, connecting traditional finance with digital assets. Solutions are offered across payments, currency access, and trading services, supported by enterprise-grade infrastructure. Operations span multiple sectors including fintech and blockchain, with a presence in over 185 countries. A network of financial institutions and developers is enabled through Circles platform, ensuring seamless money movement worldwide.
Circle's top competitors include Stripe, Flutterwave and PayPal.
Circle offers USDC, EURC, USYC, Circle Payments Network, and Arc.
Circle operates through Circle Internet Financial, Llc.
Yes. Circle was acquired by Circle in September 2022.