In support of the continued growth of Bitcoin, BitPay has expanded its operations and opened offices in San Francisco and New York. The expansion means that the company will now have four locations throughout the world.
Headquartered in Atlanta, the Bitcoin payment processor specializes in providing solutions to businesses looking to accept the virtual currency. The offices in San Francisco and New York will give BitPay the opportunity to spread knowledge of Bitcoin, and will supplement the company’s headquarters to handle implementation, operational support and sales for BitPay’s merchants.
The San Francisco office will be located near Silicon Valley, the nation’s technology hub. Paige Freeman, BitPay VP of Sales stated in a recent press release, “BitPay has many merchants accepting bitcoin throughout Silicon Valley so we are thrilled to extend our exceptional sales and customer support by opening an office in San Francisco. We look forward to expanding into various markets both here in the U.S. and internationally.” Also joining Paige Freeman in San Francisco is John Dreyzehner, the company’s west coast leader of Client Operations.
In New York, the company also announced the addition of Regional Sales Manager Andy Goldstein. Mr. Goldstein will be heading up merchant accounts throughout the eastern United States and eastern Canada. With a strong background in the payment space, Goldstein spent 15 years with Visa, Inc. as a Senior Business Development Leader for merchant sales and merchant support operations.
The office in New York will enhance the company’s presence in the United States and Canada, as well as internationally. New York’s prevalent financial sector will also increase visibility of Bitcoin throughout the financial industry.
BitPay currently has a staff of 31 employees around the world, with 22 in Atlanta, six in Argentina, two in San Francisco and one in New York. The company’s continued growth and expansion will help support the growth of the Bitcoin ecosystem, providing merchants a way to accept the virtual currency. In addition, BitPay also works with over 26,000 active merchants, including TigerDirect and the Sacramento Kings.
As more merchants and consumers around the world seek additional payment solutions like Bitcoin, it is likely that BitPay will continue its strong growth, both in the U.S. and abroad. Although virtual currencies are still very new, companies in the Bitcoin community are focused on driving adoption through education and business solutions.