Financials

Estimates*

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Revenues, earnings & profits over time
SEK2016201720182019202020212022
Revenues7.0m21.2m35.2m179m554m1.7b2.1b
% growth671 %205 %66 %408 %210 %209 %21 %
Profit<1m<1m(3.6m)(4.0m)4.7m9.7m(6.4m)
% profit margin-1 %(10 %)(2 %)1 %1 %-
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Recent News about Bitrefill

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Bitrefill operates in the cryptocurrency market, providing digital gift cards and mobile refills that can be purchased using various cryptocurrencies. The company serves a diverse range of clients, including individuals who prefer using digital currencies for everyday purchases, travelers, and privacy-conscious consumers. Bitrefill's business model revolves around facilitating the use of cryptocurrencies for practical, day-to-day transactions, thereby enhancing the utility of digital currencies. The company generates revenue by selling digital gift cards and mobile refills, earning a margin on each transaction. Bitrefill operates globally, making it easier for users to spend their cryptocurrencies without the need for traditional banking systems. The platform supports multiple cryptocurrencies, including Bitcoin and Bitcoin Lightning, ensuring fast and fee-free transactions. Bitrefill's focus on privacy means that users can make purchases without undergoing extensive KYC (Know Your Customer) procedures, which is a significant draw for many in the crypto community. The company has positioned itself as a leader in the niche market of cryptocurrency-based everyday spending solutions.

Keywords: cryptocurrency, digital gift cards, mobile refills, Bitcoin, Bitcoin Lightning, global transactions, privacy-focused, no KYC, seamless purchases, crypto utility.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.