Bitpace, a cryptocurrency payments company, has attributed the significant surge in crypto adoption this year in helping it achieve 480% in transactional volume growth.
Providing crypto payments across foreign exchange, travel, hospitality, and to payment service providers and e-commerce companies, Bitpace achieved 480% volume growth year-over-year since October 2023, backed by its recent company rebrand earlier this year.
Bitpace oversaw an expansion across 20 different international markets, as well as increasing the number of onboarded clients by 200% and the promotion of two C-suit employees.
Anil Oncu, CEO of Bitpace, said: “This year has been significant for the adoption of crypto and using it for global settlements by businesses
“As the industry readies itself for the EU’s new Markets in Crypto Assets (MiCA) regulations and financial integration, Bitpace is committed to evolving its product offering and client service solutions. Our mission remains steadfast, to establish a robust foundation for what promises to be a major shift in global finance.”
The crypto company has benefited from the rise in crypto adoption across the sector this year. Findings from Statista found that the crypto sector is projected to grow at a CAGR by 17% in 2030.
Supporting Bitpace’s growth are several key senior hires and strategic promotions, bringing in fintech expertise to the business. Mustafa Budak – promoted to CTO – Can Taner – promoted to CPO – Benn Scott – Head of Marketing – and Hristo Koevski – Head of Sales – were all promoted or brought in to enact the company’s growth.
Furthermore, through building strategic partnerships with reliable financial institutions, Bitpace has extended its payment rails in key regions, including Latin America, Asia, the Middle East and Africa
Meryem Habibi, Chief Revenue Officer, added: “Following an incredible year of growth in 2024, we are excited to welcome Hristo and Benn to our revenue leadership team.
“Their expertise comes at a pivotal moment as we continue to expand our reach, strengthen our brand, and elevate the customer experience. Each brings exceptional strategic insight and proven leadership within high-growth industries, which will be crucial as we scale further in 2025 and beyond.
“We’re confident their contributions will empower us to build on this year’s momentum and drive sustained success well into the future.”
