Sell and accept cryptocurrency anywhere. In-store, online, on-the-go

About Cyclebit

Cyclebit empowers retailers to take advantage of new payment offerings, devices, and user knowledge in order to provide a superior, more engaging payments experience. We provide simple, affordable and robust tools for retailers to accept digital currencies, credit/debit and cash transactions for in-store, online and on-the-go purchases.

Location: Toronto

Year Founded: 2018

Vertical: Blockchain / Digital Assets / Cryptocurrency

Employees: 11 – 50

Website: cyclebit.io

Social Media:

Problem

Cyclebit solves the last mile in payments for cryptocurrencies. We increase the revenue generated by our merchants by reducing the transaction fees while leveraging blockchain technology to reduce fraud.

Ideal Customers

Businesses (B2B)

  • Startup Pre-revenue 100% 100%
  • Startup Post-revenue $1 – $2M 0% 0%
  • Scaleup $2M – $10M 0% 0%
  • Scaleup $10M+ 0% 0%

Core Benefits

Our goal is to equip retailers for an evolving payment landscape.
We provide the following features:

  • Lower transaction fees
  • Eliminate chargebacks
  • Accept crypto for payments
  • Accept payments from any eWallet
  • Access to Merchant Financing
  • Digital currency and cryptocurrency integration 


Milestones

  • Launching products and services in Canada
  • Pilot program in USA
  • Launch products and services in Thailand

Problem

Cyclebit solves the last mile in payments for cryptocurrencies. We increase the revenue generated by our merchants by reducing the transaction fees while leveraging blockchain technology to reduce fraud.

Core Benefits

Our goal is to equip retailers for an evolving payment landscape.
We provide the following features:

  • Lower transaction fees
  • Eliminate chargebacks
  • Accept crypto for payments
  • Accept payments from any eWallet
  • Access to Merchant Financing
  • Digital currency and cryptocurrency integration 


Ideal Customers

Businesses (B2B)

Milestones

  • Launching products and services in Canada
  • Pilot program in USA
  • Launch products and services in Thailand
  • Startup Pre-revenue 100% 100%
  • Startup Post-revenue $1 – $2M 0% 0%
  • Scaleup $2M – $10M 0% 0%
  • Scaleup $10M+ 0% 0%

UPDATE: FFCON20 RESCHEDULED TO JULY 8-9 DUE TO CORONAVIRUS