BitPay sees record year for revenue in 2018

2018 was another record year for BitPay as it processed over $1 billion in payments and achieved a new company record for transaction fee revenue despite turbulence in the cryptocurrency markets, the company announced today. It also signed up new influential clients, Dish Network, HackerOne, and the State of Ohio, while its B2B business grew almost 255 per cent.

“BitPay’s B2B business continues to grow rapidly as our solution is cheaper and quicker than a bank wire from most regions of the world,” said Stephen Pair, co-founder and CEO of BitPay. “To process over $1 billion for a second year in a row despite Bitcoin’s large price drop shows that Bitcoin is being used to solve real pain points around the world.”

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