Tech Company Financing Transactions
CityPay.io Funding Round
On 8/17/2023, CityPay.io secured $2.2 million in funding from Presto Ventures, Tether and private investors.
Transaction Overview
Company Name
Announced On
8/17/2023
Transaction Type
Amount
$2,174,000
Round
Undisclosed
Investors
Proceeds Purpose
Funding will help escalate the expansion into CIS region and other markets, as well as see the development of a B2C platform.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Tbilisi, GA Undisclosed
USA
Tbilisi, GA Undisclosed
USA
Phone
Website
Email Address
Overview
CityPay.io creates high-tech system for businesses enabling them to receive customer payments in cryptocurrency. Founded in 2020, the company already supports hundreds of companies and boosted their sales by adopting new additional way of receiving payments. We help businesses to have access to international customers and receive payments in cryptocurrency from any point of the world instantly, cutting down costs by 5 times and offering their clients more independent and 100% anonymous transactions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Eralp Hatipoglu
Chief Marketing Officer
Ketevan Karseladze
Chief Operating Officer
Beka Kemertelidze
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