CityPay.io, founded in 2020, is a fintech provider building infrastructure to integrate cryptocurrency into mainstream commerce. The company enables businesses to accept crypto payments and receive settlement in national currencies, aiming to expand the practical use of digital assets in daily transactions. Its headquarters is in Tbilisi, Georgia.
The firm offers two primary products. A Payment Gateway Platform allows businesses to accept cryptocurrency payments online or at physical points of sale via QR codes, converting received assets into fiat currency. A separate Crypto Wallet application is designed for individuals to manage their digital assets. The company reports partnerships with over 1,000 businesses.
CityPay.io's operations are concentrated in Georgia, Eastern Europe, and Central Asia, including markets in Uzbekistan, Kazakhstan, Azerbaijan, and Armenia. Its team consists of professionals from the fintech, payments, and startup sectors. Tether is a strategic investor in the company.
