Payy
New York City, United States
◆ Total Raised
$6M
◆ Stage
seed
◆ Location
New York City, United States
◆ Founded
2023
◆ Team size
11-50
◆ Links
◆ About Payy
Stablecoin startup focused on private transactions using zero-knowledge technology, offering a self-custodial wallet, Visa card, and developing a privacy-focused Ethereum Layer 2 rollup.
◆ What sets it apart
Payy differentiates through its vertically integrated stack combining a self-custodial wallet, Visa-enabled stablecoin card, and privacy-focused Ethereum L2 using zero-knowledge proofs for on-chain transaction privacy.
◆ Sectors
◆ Business
Modeltransactional
Customerconsumers, businesses, developers, financial institutions, and fintech platforms
◆ Notable
- Raised $6 million seed round led by FirstMark Capital
- Over 100,000 users in 120 countries with $130 million annualized transaction volume
- Launched non-custodial Visa card in 2025 and live private testnet for L2 network
◆ Funding rounds
◆ Explore the market
◆ FAQ
What does Payy do?
Stablecoin startup focused on private transactions using zero-knowledge technology, offering a self-custodial wallet, Visa card, and developing a privacy-focused Ethereum Layer 2 rollup.
Where is Payy based?
Payy is based in New York City, United States, founded in 2023.
How much has Payy raised?
Payy has raised $6M in tracked funding and is currently at the seed stage.
Who has invested in Payy?
Investors in Payy include FirstMark Capital, Robot Ventures and DBA Crypto.