Bitstack
Bitstack, based in Paris, is a bitcoin-native neobank that simplifies buying, selling, and managing bitcoin in Europe, offering global money transfers with low fees.
Company Overview
Bitstack is a fintech company based in Paris, Île-de-France, France. Founded in 2022, it operates primarily within France and Europe, with additional remote offerings. The company participated in Y Combinator's S22 batch and has a team of 9 members. Bitstack's core mission is to empower people to participate in a more open financial system, leveraging Bitcoin for global, instant money transfers with low fees.
Services
Bitstack offers a suite of services designed to facilitate the use of Bitcoin. These include the ability to buy, sell, send, and receive Bitcoin. Marketed as the easiest way to buy, sell, earn, and spend Bitcoin in Europe, Bitstack aims to provide a user-friendly experience for both newcomers and seasoned users of Bitcoin.
History and Evolution
Bitstack initially launched as a product that invests spare change in Bitcoin. Over time, it evolved into a Bitcoin-native neobank. This transformation has allowed the company to expand its range of financial services and adapt to the growing demand for Bitcoin-related financial products in Europe.
Global Reach and Remote Operations
Bitstack is active in multiple regions, including France and Europe. The company also offers remote and partly remote services to cater to a broader audience. This approach aligns with their mission to make financial services more accessible and inclusive.
Industry and Sub-Industry
Operating within the fintech industry, Bitstack focuses specifically on the subset of financial technology related to Bitcoin. This specialization enables the company to provide tailored services that meet the unique needs of Bitcoin users, positioning itself as a key player in the Bitcoin fintech sub-industry.