Crypto payment app Cryptopay generates revenue of €2.9 million in 2019

Founded in October of 2013, Cryptopay is a wallet and payment platform...

Cryptopay, a cryptocurrency payment platform, has announced that the company generated a total of €2,891,945 in revenue for the 2019 year. According to the record, November’s 2019 revenue was the third-highest since Cryptopay’s first report was published.

The Cryptopay ecosystem features its native token CPAY, which is used within services as well as to distribute a share of company profits to token holders.

Cryptopay distributes profit share monthly in Ethereum (ETH) to token holders while revenue is generated in euros

“It’s been yet another challenging year for us, but as we can clearly see the revenue was gradually increasing by an average of 11% each month until it finally returned to the levels we saw at the beginning of our revenue report story.”
– The Cryptopay team