massachusetts united states founder s jeremy allaire sean neville website www.circle.com launched october 2013 circle is a peer to peer payments technology company utilizing bitcoin and traditional fiat currencies . 1 founded by jeremy allaire and sean neville in october 2013 circle s mobile payment platform circle pay allows users to hold send and receive traditional fiat currencies similar to payment app venmo . 2 3 circle pay can also operate as a bitcoin wallet service to buy and sell bitcoins . 4 5 6 in september 2015 circle received the first bitlicense issued from the new york state department of financial services . 7 8 9 in april 2016 the british government approved the first virtual currency licensure to circle . 10 circle is headquartered in boston massachusetts . 11 contents 1 funding 2 services and features 3 see also 4 references 5 external links funding edit the company has received over us 135 million in venture capital from 4 rounds of investments from 2013 to 2016 including us 50 million led by goldman sachs . 12 13 14 in april 2015 the new york times reporter nathaniel popper wrote that the goldman sachs investment should help solidify bitcoin s reputation as a technology that serious financial firms can work with . 15 in june 2016 circle raised us 60 million in series d funding backed new and existing partners . 16 17 services and features edit as of 2015 a circle account can be funded in usd via us issued visa and mastercard credit and debit cards us bank accounts as well as directly via bitcoin . 18 for non us users funding via debit credit cards is still experimental and additional currency conversion fees might apply . 19 according to the circle president the initial consumer service will be offered completely free of charge while passing on credit card interchange fees . the circle conversion rate is not pegged to a specific exchange and may fluctuate around other bitcoin exchange rates but according to the circle president it s simply never a revenue generator . 20 britain s financial conduct authority granted circle an electronic money license in april of 2016 expanding the use of circle s services to the united kingdom and broadening circle s relationship with uk bank barclays . 21 22 in june 2016 circle announced it will begin expanding its services to china where ceo jeremy allaire believes there s an opportunity for chinese consumers that want to share value globally with friends in other parts of the world . 23 see also edit bitcoin coinbase bitpay blockchain xapo uphold libertyx list of bitcoin companies references edit circle circle pay app . www.circle.com . retrieved 2016 03 21 . circle brings social payments app to uk . coinreport . retrieved 2016 04 13 . circle s bitcoin app now lets you send cash . www.betaboston.com . retrieved 2016 04 13 . alba davey april 30 2015 . this digital wallet could finally get you into bitcoin . wired . alspach kyle march 27 2014 . digital currency firm gets 17m in financing . the boston globe . retrieved april 18 2014 . swisher kara march 26 2014 . still more bitcoin investing circle internet financial raises 17 million from oak others . re code . retrieved april 18 2014 . vigna paul september 22 2015 . moneybeat circle gets first bitlicense releases circlepay new service . wall street journal . woodward curt september 22 2015 . circle gets first bitcoin license from new york regulators . betaboston.com . nydfs september 22 2015 . nydfs announces approval of first bitlicense application from a virtual currency firm . ny.gov press release . popper nathaniel 2016 04 06 . bitcoin start up gets an electronic money license in britain . the new york times . issn 0362 4331 . retrieved 2016 04 06 . circle internet financial inc. private company information businessweek . www.bloomberg.com . retrieved 2016 04 13 . alden william march 26 2014 . dealbook startup unveils bitcoin payments product . the new york times . retrieved april 18 2014 . schroeder stan april 30 2015 . bitcoin startup circle raises 50 million from goldman sachs and idg . mashable . casey michael j. april 30 2015 . goldman a lead investor in funding round for bitcoin startup circle . wall street journal . popper nathaniel april 30 2015 . dealbook goldman and idg put 50 million to work in a bitcoin company . the new york times . selina y wang selina wang . circle raises 60 million in funding round backed by baidu idg . bloomberg.com . retrieved 2016 06 23 . circle internet financial to open an independent company in china . retrieved 2016 06 23 . which debit and credit cards can i use . circle faq . retrieved 15 december 2015 . how is circle different for non us customers . circle faq . retrieved 15 december 2015 . neville ps . circle debut questions . medium.com . retrieved 15 december 2015 . popper nathaniel 2016 04 06 . bitcoin start up gets an electronic money license in britain . the new york times . issn 0362 4331 . retrieved 2016 04 06 . circle internet financial links with barclays to launch sterling app news.markets . news.markets . retrieved 2016 04 06 . circle internet financial to open an independent company in china . retrieved 2016 06 23 . external links edit official website this united states corporation or company article is a stub . you can help wikipedia by expanding it . v t e retrieved from https en.wikipedia.org w index.php title circle company & oldid 744382725 categories united states company stubsbitcoindigital currency exchangerscryptocurrencieshidden categories all stub articles navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 14 october 2016 at 21 17 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view