Speed
Speed provides a unified Lightning payment infrastructure for instant Bitcoin and stablecoin payments, enabling businesses to accept, send, and settle transactions globally with real-time settlement. The platform processes over $10 billion in payments across 100+ countries with sub-3-second settlement, 99.99% payment reliability, and up to 90% lower fees compared to traditional payment rails. Speed's product suite…
Funding snapshot
About
Speed provides a unified Lightning payment infrastructure for instant Bitcoin and stablecoin payments, enabling businesses to accept, send, and settle transactions globally with real-time settlement. The platform processes over $10 billion in payments across 100+ countries with sub-3-second settlement, 99.99% payment reliability, and up to 90% lower fees compared to traditional payment rails. Speed's product suite includes Payments (Lightning payment gateway for accepting Bitcoin and stablecoins), Payouts (real-time global payouts with instant Lightning settlement), Onramp and Offramp (fiat-to-crypto settlement), Connect (APIs, POS systems, and compliance-ready payment tools), and Agentic Payments. The platform runs its own core ledger and settlement rails without middleware, offering clean REST APIs and SDKs for developer integration. Speed serves multiple industries including fintech and PSP platforms, eCommerce and marketplaces, gaming and entertainment, restaurants and hospitality, and regulated industries. The company maintains SOC 2 Type 2, PCI-DSS, and ISO 27001 certifications with FinCEN-US compliance. Clients include Steak & Shake (50% reduction in processing costs), Maxim, Acrelec, and Thndr Games. Founded in 2021 and headquartered in Las Vegas, Nevada with offices in Dubai and Ahmedabad, India, Speed has raised $8.0M in Series A funding from Tether and ego death capital.
Business model
Cryptocurrencies > Financial Services > Payments > Diversified
Founders & team highlights
Serial Founder
Team background
Company Wise > Amazon
Institutional investors
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