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Bottlepay
Fintech · Newcastle upon Tyne, United Kingdom · Founded 2019
An app company providing mobile payment, mobile banking, and financial services MoreLess
Bottlepay was a fintech startup that operated in the cryptocurrency space, specifically focusing on Bitcoin transactions. The company provided a platform where users could buy, sell, and use Bitcoin for payments. Bottlepay aimed to offer a safe and efficient environment for Bitcoin transactions, catering primarily to individual consumers who were interested in using Bitcoin for everyday payments and investments.
Operating in the highly dynamic and often volatile cryptocurrency market, Bottlepay's business model revolved around facilitating Bitcoin transactions. The company made money through transaction fees charged to users whenever they bought, sold, or transferred Bitcoin using the Bottlepay app. Additionally, Bottlepay likely earned revenue from the spread between buying and selling prices of Bitcoin, a common practice in cryptocurrency exchanges.
Despite being well-funded, Bottlepay's parent group decided to shift focus to other projects, leading to the closure of the Bottlepay consumer app as of July 24, 2023. This decision was communicated to customers in advance, and the company ensured that users could request transaction statements and other necessary documentation through their administrator, Interpath.
Bottlepay operated as a custodial wallet service, meaning it held and managed Bitcoin on behalf of its users. This required the company to comply with various regulatory obligations, including Anti-Money Laundering (AML) regulations. As part of these obligations, Bottlepay collected and retained certain personal and transactional information from its users to ensure the safety and legality of its services.
In summary, Bottlepay was a Bitcoin transaction platform that served individual consumers, operated in the cryptocurrency market, and generated revenue through transaction fees and spreads. Despite its closure, the company left a mark by providing a secure and user-friendly environment for Bitcoin transactions.
Keywords: Bitcoin, cryptocurrency, fintech, transaction fees, custodial wallet, AML compliance, consumer app, market volatility, financial transactions, regulatory obligations.
Company overview
Bottlepay company information
The essential company record, classifications and operating signals in one place.
- Status
- Acquired
- Founded
- 2019
- Headquarters
- Newcastle upon Tyne, United Kingdom
- Employees
- 1
- Open positions
- None listed
- Dealroom signal
- 63.2
Valuation & funding
Bottlepay funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Oct 2021 | $300M | $300M | NYDIG | — |
| SEED✓Equity / VC | Feb 2021 | $15M | $60M | NYDIG · Phil Doye · Fintech Collective · Alan Howard | — |
| SUPPORT PROGRAM✓Other financing | Sep 2019 | $0 | — | Tech Nation | — |
| SEED✓Equity / VC | Sep 2019 | $2M | $8M | Undisclosed | — |
Financials
Revenue, earnings and profit over time
Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.
Growth signals
Bottlepay website traffic
Latest recorded traffic for Bottlepay is 890 monthly website visits, up 128.2% over the last three months. Bottlepay's team declined 66.7% over the past year.
Comparisons
Bottlepay compared with similar companies
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Talent graph
Bottlepay's talent
Source: Dealroom Talent Intelligence.
Investors
5 investors on Bottlepay's cap table
Sourced from Dealroom's funding and investor records.
Global footprint
Where Bottlepay has talent and traffic
In the news
Latest news about Bottlepay
Recent press, funding announcements, and product moves mentioning Bottlepay — open to read from the original sources.
Market sentiment
What the market is saying about Bottlepay
An AI-synthesized read of the highest-engagement posts about Bottlepay on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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