About CityPay
CityPay is a company based in Tbilisi (Georgia) founded in 2020 by Beka Kemertelidze and Eralp Hatipoglu. CityPay has raised $1.74 million across 4 funding rounds from investors including Tether and Presto Ventures. CityPay operates in a competitive market with competitors including ACINQ, Simplex, CoinPayments, Neutronpay and dtcpay, among others.
- Headquarter Tbilisi, Georgia
- Founders Beka Kemertelidze, Eralp Hatipoglu
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Sectors
Financial Services
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$1.74 M (USD)
in 4 rounds
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Latest Funding Round
Not available
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Investors
Tether
& 1 more
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Employee Count
Not available
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People of CityPay
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Product Management Team
2 people
Full Team
1 people
Business Team
1 people
Leadership Team
1 people
CMO Team
1 people
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Funding Insights of CityPay
CityPay has successfully raised a total of $1.74M across 4 strategic funding rounds. 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 CityPay
CityPay has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Tether and Presto Ventures.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments are made in advanced technology startups.
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USD-backed stablecoins are issued on multiple blockchains by Tether.
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Locked | Locked | Locked |
Investor details for CityPay
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Investments & Acquisitions by CityPay
Investment portfolio details for CityPay
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Financial Statements - CityPay
Detailed financials for CityPay
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Citypay Comparisons
Peer comparison for CityPay
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- Named peers
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Competitors of CityPay
CityPay 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 ACINQ, Simplex, CoinPayments, Neutronpay and dtcpay, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Crypto payment solutions are offered to businesses through API integration.
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AI-based crypto payments and fraud prevention are provided for businesses.
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Cryptocurrency payments are facilitated through a merchant gateway.
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Payment gateway solutions for businesses are provided via Bitcoin Lightning.
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Diversified payment acceptance solution for businesses
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Detailed competitors of CityPay
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Latest news on Citypay
Complete news archive for CityPay
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Frequently Asked Questions about CityPay
CityPay was founded in 2020 and raised its 1st funding round 1 year after it was founded.
CityPay is headquartered in Tbilisi, Georgia.
Beka Kemertelidze is the current CEO of CityPay. They have also founded this company.
CityPay is a funded company, having raised a total of $1.74M across 4 funding rounds to date.
CityPay was founded in 2020 in Tbilisi, Georgia, as a provider of cryptocurrency-based payment solutions in the fintech sector. Merchants are enabled to accept digital currency payments for goods and services. APIs for order processing, email billing, point-of-sale systems, and user top-up features are supported. Multiple currencies, including Bitcoin, Litecoin, and Dash, are accommodated across operations.
CityPay's top competitors include Simplex, ACINQ and CoinPayments.
CityPay has 2 investors. Key investors include Tether, and Presto Ventures.