Global Expansion Through Partnerships BitPay has been actively expanding its presence globally through strategic partnerships with companies like Namecheap, Stratos Jets, Swapkit, and Finmont GmbH. Leveraging these partnerships, BitPay can tap into new markets and capitalize on the growing interest in cryptocurrency payments.
Diversified Product Portfolio With the recent launches of the Wallet App, BitPay Send, and the UK website and wallet app, BitPay has diversified its product portfolio to cater to different segments of the market. This expansion in offerings provides sales teams with a range of solutions to pitch to clients looking to engage in cryptocurrency transactions.
Strong Financial Backing Despite having a relatively modest funding of $1.8M, BitPay has managed to generate revenues between $10M to $50M, indicating a strong financial standing. This financial stability not only instills confidence in potential clients but also showcases BitPay as a reliable partner for long-term engagements.
Leading in Bitcoin Payments As the first and most experienced company in bitcoin payments, BitPay holds a significant edge over competitors in the cryptocurrency payment space. Sales professionals can leverage BitPay's established reputation to attract clients seeking trusted and reliable solutions for bitcoin transactions.
Technology-driven Approach BitPay's robust tech stack including JazzHR, Redux, AngularJS, and Node.js reflects its commitment to leveraging technology for innovative payment solutions. Sales development reps can highlight BitPay's tech prowess to showcase its ability to deliver cutting-edge payment tools to clients.