Circle Internet Pitch Deck
Circle is a crypto payment company that provides the infrastructure that enables businesses of all sizes to leverage the power of digital currencies and public blockchains for payments, commerce, and financial applications.
The peer-to-peer payments technology startup was founded by Jeremy Allaire and Sean Neville in October 2013, and is best known for being the issuer of the USDC stablecoin ($55 billion in circulation August 2022). USDC is the heart of Circle’s ecosystem is a stable coin launched in 2018 by Circle and Coinbase (COIN).
The cryptocurrency operator went public via a SPAC merger deal valued at $9 billion with Concord Acquisition Corp (CND.N), a blank-check firm backed by former Barclays boss Bob Diamond. The Boston-based company terminated an earlier merger agreement with Concord, which had valued Circle at $4.5 billion.
2021 • Public
About the Circle Internet Pitch Deck
- Valuation: $9B
- Year: 2021
- Stage: Public
- Investors: SPAC
About Circle Internet
Circle helps businesses and developers harness the power of digital dollar stablecoins for payments and internet commerce worldwide.
- Industry: Cryptocurrency
- Tags: Cryptocurrency, Blockchain, FinTech, Payments, Retail
- Business Model: Other
- Customer Model: B2B
- Website: www.circle.com
- Legal Name: Circle Internet
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