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To allow people to live on cryptocurrency as easily as possible, with no bank or exchange account required.
Bitrefill sells gift cards that you can use as vouchers to buy things like electronics, groceries, clothing, phone refills, or flights to go on holiday. Its main selling point is ease - the fact you can virtually pay for anything with cryptocurrencies through gift cards.
Similar to a credit card, when a user buys a gift card or phone refill, they will earn a cash back reward, but in the form of the largest cryptocurrency, bitcoin. The company continues to grow by building new features to add to its appeal, such as enabling users to pay their bills and taxes with bitcoin, or integrating with Strike - the payment application - to access 5% cashback in bitcoin.
Founded in 2015, it is one of the oldest players facilitating crypto payments and hence rode the wave of crypto uptake. There are currently thousands of merchants across almost 200 countries integrated in the network, which have included brands from Amazon and Airbnb to Domino’s and Netflix.
Freddie
Company Specialist at Welcome to the Jungle
Apr 2021
$7m
EARLY VC
Jun 2019
$2m
SEED
Michel Gustavsson
(Business Development)Previously served as Head of Recruitment & Sales Training for Dialect AB and as Regional Manager for Rabble Communications.
Patric Stiller
(Head of Legal & Compliance)Currently acts as Digital Services Manager for Lexly and as a freelance Legal Consultant. Previously acted as Head of Legal & Compliance for Safello.
Sergej Kotliar
(CEO)Currently serves as a Digital Currency Specialist for ITG Digital. Has founded Charismatic Revolution, Banterfly, and Rabble Communications, and acted here as CTO.