Polycoin

Company Overview

Snapshot

Founded in January 2013 by Alfred Shaffir, Polycoin operates with 1–10 employees. The company provides a cryptopayment management platform for online businesses.

Business overview

Polycoin offers a cryptopayment management platform designed for online businesses to process transactions in virtual currencies like Bitcoin, with settlements in fiat currency directly to merchant bank accounts. The company provides a comprehensive solution tailored for the e-commerce, iGaming, and finance markets, operating within the Fintech & Insurtech sector.

Strategic signal

In September 2014, Polycoin was featured by Finance Magnates for introducing a two-sided Bitcoin processing solution for online businesses. This development highlighted the company's early innovation in enabling merchants to integrate virtual currency payments while managing associated risks and compliance, signaling its focus on bridging traditional finance with emerging cryptocurrency markets.

Company Intelligence Q&A

What is Polycoin's primary offering?

Polycoin provides a cryptopayment management platform that enables online businesses to process transactions using virtual currencies such as Bitcoin, with settlements made in fiat currency directly to their bank accounts.

When was Polycoin founded?

Polycoin was founded in January 2013.

Who founded Polycoin?

Polycoin was founded by Alfred Shaffir.

What markets does Polycoin serve?

Polycoin offers solutions suited for the e-commerce, iGaming, and finance markets.

What was a key development for Polycoin in 2014?

In September 2014, Polycoin introduced a two-sided Bitcoin processing solution for online businesses, as reported by Finance Magnates.