BitPay Named a Georgia Top 40 Innovative Technology Company for the Third Time

Atlanta, GA, Feb. 26, 2020 (GLOBE NEWSWIRE) -- BitPay, the world's largest provider of blockchain payment services, today announced it's one of the Top 40 Innovative Technology Companies in Georgia, from The Technology Association of Georgia (TAG), the state's leading association dedicated to the promotion and economic advancement of Georgia's technology industry. 

TAG'S Top 40 Awards recognize Georgia-based technology companies for their innovation, financial impact, and their efforts at spreading awareness of Georgia's technology initiatives throughout the U.S. and globally.  In 2015 and 2019, BitPay was also honored as one of the Top Innovative Technology Companies in Georgia.

"It's an honor to be recognized for the third time," said Stephen Pair, co-founder and CEO of BitPay. "The hard work and dedication of the BitPay team shows in our continual innovation in the blockchain space to offer tools and services to make it send and receive payments anywhere in the world."

BitPay is a pioneer and leader in global blockchain payments. The Company's suite of products enable businesses to accept cryptocurrency payments globally for ecommerce goods and services or cross border transactions while receiving settlements in fiat currency.  In addition, BitPay powers a secure wallet that can be used to store cryptocurrency, make payments or liquidate cryptocurrency to fund a Visa prepaid debit card or dozens of retail gift cards.

This year's Top 40 were selected from among over 100 applications submitted by companies from across Georgia. Companies selected for the "Top 40" will be showcased in an exhibition at The Summit 2020.

"The 2020 Top 40 finalists are an elite group of innovators who represent the very best of Georgia's Technology community," said Larry K. Williams, president & CEO of TAG. "The 2020 Top 40 finalists are shining examples of what makes our state such a hotbed for technology and we applaud them for standing out as leaders in Georgia's technology community." 

"This year's Top 40 was more competitive than ever," said Dennis Zakas, managing partner of Zakas & Leonard, LLP and chairperson of the Top 40 Selection Committee. "In our quest to showcase the most innovative companies in Georgia, we had to make hard decisions, resulting in the exclusion of numerous deserving companies, many of which had been recognized as a Top 10 company in the past. The companies that we selected this year are truly outstanding."

TAG will recognize this prestigious group at The Summit 2020 on March 3-4, 2020, at the Cobb Galleria Centre.

ABOUT The Technology Association of Georgia (TAG)

TAG's mission is to Connect, Promote, Influence and Educate Georgia's technology ecosystem to advance the innovation economy.  Through those four foundational pillars TAG serves the technology community, helping to support, grow and ignite tech leaders, companies and the overall Georgia economy.

TAG serves more than 30,000 members statewide through regional chapters in Metro Atlanta, Augusta, Columbus, Macon/Middle Georgia, and Savannah. TAG hosts more than 150 events each year and serves as an umbrella organization for 26 professional societies.

TAG provides networking and educational programs; celebrates Georgia's technology leaders and companies, and advocates for legislative action that enhances the state's economic climate for technology.  

Additionally, the TAG Education Collaborative (TAG-Ed) focuses on helping science, technology, engineering and math (STEM) education initiatives thrive.

For more information visit the TAG website or TAG's community website at www.hubga.com. To learn about the TAG-Ed Collaborative visit www.tagedonline.org.

About BitPay

Founded in 2011, BitPay pioneered blockchain payment processing with the mission of transforming how businesses and people send, receive, and store money. Its business solutions eliminate transaction fraud, reduce the cost of payment processing, and enable borderless payments in cryptocurrency and fiat, among other services. BitPay offers consumers a complete digital asset management solution that includes the BitPay Wallet and BitPay Prepaid Visa® Card, enabling them to turn digital assets into dollars for spending at tens of thousands of businesses. The company has offices in North America, Europe, and South America and has raised more than $70 million in funding from leading investment firms including Founders Fund, Index Ventures, Virgin Group, and Aquiline Technology Growth. For more information visit bitpay.com.

The BitPay Visa® Prepaid Card is issued by Metropolitan Commercial Bank, member FDIC, pursuant to a license from Visa, U.S.A. Inc. "Metropolitan" and "Metropolitan Commercial Bank" are registered trademarks of Metropolitan Commercial Bank © 2014. Use of the Card is subject to the terms and conditions of the applicable Cardholder Agreement and fee schedule if any.

Jan Jahosky
BitPay
407-331-4699
jan@bitpay.com