Bitt logo — Enable Payments. Empower People

Bitt

Enable Payments. Empower People

Founded 2013 United States Draper, United States 40 employees Series Unknown Total: $31.00M Blockchain, Financial Services +2

General Information

Company Name Bitt
Founded Year 2013
Location United States Draper, United States +1
Employees 40
Industries Blockchain, Financial Services, Fintech +1
Funding Stage Series Unknown
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About Bitt

Bitt is a financial software company founded in 2013, with the slogan "Enable Payments. Empower People." The company is at the forefront of digital currency solutions design, with a focus on catalyzing the transformation from traditional to digital currency systems. Bitt's Digital Currency Management System (DCMS) enables central banks to efficiently deploy a Central Bank Digital Currency (CBDC), while also allowing financial institutions to integrate with internet native payment rails such as CBDCs, stablecoins, and cryptocurrencies.

With a goal to provide software solutions that meet current and future needs in the evolving space of digital currencies, Bitt has established partnerships and collaborations with international organizations such as the OECD, World Economic Forum, ITU, and Stanford University. This strategic engagement with leading global entities underlines Bitt's commitment to advancing digital currency solutions.

The company's recent milestone includes a significant $8.00M Venture Round investment on 28 October 2020 from Medici Ventures, emphasizing the confidence of investors in Bitt's innovative approach to digital currency management and financial services. Headquartered in the United States, Bitt operates within the Blockchain, Financial Services, Fintech, and Payments industries, reflecting its multi-faceted presence in the financial technology sector.

Taxonomy: financial software, digital currency, CBDC, Stablecoin, Central banks, Payment solutions, Blockchain technology, Financial institutions, Infrastructure security, International organizations, Digital currency management, Ecosystem participants, Medici Ventures, Blockchain-focused fund

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round •••••• 1
Investor
28 Oct 2020
Series B •••••• 1
Investor
01 Oct 2020
Series A •••••• 1
Investor
01 Aug 2019
Series A •••••• 1
Investor
08 Mar 2018
Series A •••••• 1 •••• •••• 02 Apr 2016

View All 6 Funding Rounds

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FAQ About Bitt

Enable Payments. Empower People
Bitt was founded in 2013.
Bitt is headquartered in Draper, United States.
Bitt operates in the following industries: Blockchain, Financial Services, Fintech, Payments.
Bitt has approximately 40 employees.
Bitt has completed 6 funding rounds, raising a total of $31.00M. The latest funding stage is Series Unknown.
Top alternatives and competitors to Bitt include Kazh.com, EMTECH, Payment and Financial Technologies Development Center, Flash Payments, Kazakhstan Interbank Settlement Center of the National Bank of the Republic of Kazakhstan. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Bitt and Kazh.com are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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