Speed1 builds and operates a global payments platform and Lightning wallet that lets merchants and individuals send, receive, swap, and purchase Bitcoin and USDT at low fees. The service supports everyday uses such as bill splitting, paying for daily necessities with a quick “zap,” and sending gifts to friends anywhere in the world. Its Speed Merchant product allows businesses to accept crypto payments seamlessly, while Speed Wallet caters to individual users. The company currently serves more than 1.2 million users and businesses worldwide. These customers collectively generate over $1.5 billion in annual payment volume across the Speed ecosystem. With new capital in hand, Speed1 plans to enter additional geographic markets, roll out enhanced merchant tools, and enable cross-border and creator payouts to accelerate adoption.

Total raised

$8M

Funding rounds

1

Latest round

Equity

Latest activity

Dec 2025