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  6. Paystand Acquires Bitwage

M&A Deal Summary

Paystand Acquires Bitwage

On November 7, 2025, Paystand acquired software company Bitwage

Acquisition Highlights
  • This is Paystand’s 1st transaction in the Software sector.
  • This is Paystand’s 2nd transaction in the United States.
  • This is Paystand’s 1st transaction in California.

M&A Deal Summary
Date 2025-11-07
Target Bitwage
Sector Software
Buyer(s) Paystand
Deal Type Add-on Acquisition

Target

Bitwage

San Francisco, California, United States
Bitwage provides global payroll, invoicing, and workforce payment solutions that enable employers, freelancers, and contractors to receive compensation in cryptocurrency, stablecoins, or local currencies. Bitwage was founded in 2014 and is based in San Francisco, California.

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Buyer(S) 1

Buyer

Paystand

Scotts Valley, California, United States
Category Company
Founded 2013
Sector Software
DESCRIPTION

Paystand creates an open and equitable commercial finance system, starting with a zero-fee network for B2B payments. Using blockchain and cloud technology, the company makes it possible to digitize receivables, automate processing, reduce time-to-cash, eliminate transaction fees, and enable new revenue. Paystand was formed in 2013 and is based in Scotts Valley, California.

DEAL STATS #
Overall 3 of 3
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
State: California M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-25 Teampay

New York, New York, United States

Teampay is a spend management software that helps larger SMBs and middle-market businesses across industries manage expenses. Teampay is based in New York City.

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