# Bitwage

**Source:** https://www.startuphub.ai/startups/bitwage
**Profile type:** Startup

> A payroll platform that allows companies to pay employees in cryptocurrency.

## About

Bitwage is a global payroll and invoicing platform that enables companies and freelancers to receive wages and payouts in fiat, Bitcoin, stablecoins, or other crypto rails. It focuses on facilitating cross-border payouts for distributed workforces and remote teams, offering a non-custodial, cross-border payout engine used by thousands of businesses and tens of thousands of workers since 2014. The company was acquired by Paystand in November 2025.

## Key facts

- **Slug:** bitwage
- **Website:** https://www.bitwage.com/
- **Location:** New York, USA
- **Founded:** 2014
- **Employees:** 25
- **Operating status:** Active
- **Total funding:** $2M
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/bitwage
  - Twitter: https://x.com/Bitwage
  - Facebook: https://www.facebook.com/bitwage

## Frequently asked

### What does Bitwage do?

Bitwage is a global payroll and invoicing platform that enables companies and freelancers to receive wages and payouts in fiat, Bitcoin, stablecoins, or other crypto rails. It focuses on facilitating cross-border payouts for distributed workforces and remote teams, offering a non-custodial, cross-border payout engine used by thousands of businesses and tens of thousands of workers since 2014. The company was acquired by Paystand in November 2025.

### What is Bitwage's valuation?

StartupHub estimates Bitwage's effective valuation at $8.7M (range $5.7M to $13.6M, 10% confidence), based on comparable companies in the sector.

### How much funding has Bitwage raised?

Bitwage has raised a total of $2M in funding. The most recent round on record is Seed.

### Where is Bitwage headquartered?

Bitwage is headquartered in New York, USA.

### When was Bitwage founded?

Bitwage was founded in 2014.

### How many employees does Bitwage have?

Bitwage has approximately 25 people on record.

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