Paxos Revenue and Competitors

Claim your profile

Location

#748

Growjo Ranking

Fintech

Industry

Estimated Revenue & Valuation

  • Paxos's estimated annual revenue is currently $94.9M per year.(i)
  • Paxos received $65.0M in venture funding in June 2018.
  • Paxos's estimated revenue per employee is $313,309
  • Paxos's total funding is $538.5M.
  • Paxos's current valuation is $2.4B.

Employee Data

  • Paxos has 303 Employees.(i)
  • Paxos grew their employee count by 64% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$7.3M5687%N/AN/A
#2
$5920M4444133%$547.3M$60.2B
#3
$113.1M735147%$711M$3B
#4
$71.3M2024%N/AN/A

Paxos is the first Blockchain-powered Trust, building products to simplify settlement and eliminate risk. Eliminating settlement risk starts with the ability to settle assets and payments simultaneously. That's why Paxos combines regulated Trust status with distributed ledger technology to create a modern settlement platform. We are building technology to enable the movement of any asset at any time in a trustworthy way. The Paxos management team is led by CEO and Co-Founder Charles Cascarilla and its board of directors includes former FDIC chair Sheila Bair, former Senator Bill Bradley, former chair of the Financial Accounting Standards Board Robert Herz, former chairman, president & CEO of Lotus Development Corporation Jim Manzi and former NYSE CEO Duncan Niederauer. Paxos is headquartered in New York with offices in London and Singapore.

keywords:Financial Services, Blockchains, Financial Technology, Blockchain / Cryptocurrency

$538.5M

Total Funding

303

Number of Employees

$94.9M

Revenue (est)

64%

Employee Growth %

$2.4B

Valuation

N/A

Accelerator

Paxos News

2022-04-06 - Berea woman loses $50,000 in online dating scheme

The woman said she was given her Paxos account number, but never gained access to the account. The woman eventually confronted the man about...

2022-04-06 - PAXOS INTRODUCES THE PAXOS SETTLEMENT HUB FOR ...

NEW YORK and LONDON, April 12, 2022 /PRNewswire/ -- Paxos, the leading regulated blockchain infrastructure platform, has introduced the...

2022-03-30 - Crypto's gold is, increasingly, actual gold

The token is managed by Paxos, a blockchain infrastructure company. Why it matters: Crypto people love to say that everything will be tokenized.

2021-09-22 - Paxos Enables White Metals on Paxos Settlement Service for Commodities

NEW YORK and LONDON, Sept. 22, 2021 /PRNewswire/ -- Paxos, the first regulated blockchain infrastructure platform, today announced it has enabled silver, platinum and palladium on the Paxos Settlement Service for commodities and now services all precious metals. Paxos is the first company to fac ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$71.2M30330%N/A
#2
$94.7M30349%N/A
#3
$88.6M303-4%N/A
#4
$33.7M30365%$306M
#5
$95.4M30429%N/A

Paxos Funding

DateAmountRoundLead InvestorsReference
2018-06-01$65.0MBLiberty City VenturesArticle