Bitwage is a payroll and invoicing platform that enables workers and freelancers to receive a portion or all of their wages in Bitcoin and other cryptocurrencies. Founded in 2014 and based in San Francisco, Bitwage was one of the first companies to bridge traditional payroll systems with cryptocurrency, allowing employees to allocate a percentage of their salary to Bitcoin, Ethereum, USDC, and other digital assets without requiring employer participation.

The platform works by providing users with a dedicated bank account (in the US, EU, or other supported regions) that receives their paycheck via standard direct deposit or wire transfer. Bitwage then converts the designated portion into cryptocurrency and sends it to the user's wallet. For employers, Bitwage offers a full payroll solution that supports international contractor payments, reducing the cost and settlement time of cross-border transfers by leveraging blockchain rails.

Bitwage has processed tens of millions of dollars in payroll and serves workers in over 100 countries. The company also introduced Bitcoin-denominated 401(k) and retirement savings options through partnerships, catering to the growing demand for crypto exposure in long-term investment portfolios.

Key Facts

• Founded: 2014
• Headquarters: San Francisco, USA
• Services: Crypto payroll, international contractor payments, Bitcoin 401(k)
• Reach: Workers in 100+ countries

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