Circle – Competitor Profile
Powered by
All the vital news, analysis, and commentary curated by our industry experts.
Circle is a US-based payment services provider. Launched in 2013, Circle initially offered Circle Pay – a P2P money transfer solution allowing users to transfer money in currencies including US dollars, British pound sterling, and euros. In September 2019, Circle discontinued Circle Pay. It now offers blockchain-based payment processing solutions. The services offered by the company include Circle Account and Circle APIs. Users can store, make, and accept payments from customers via their Circle Account, which involves users linking a bank account to tokenize fiat currency into USD Coin (USDC). USDC is a US dollar-pegged regulated stablecoin managed by Centre (a consortium founded by Circle and Coinbase). Once a bank account is linked, the Circle Account is created. Meanwhile, Circle APIs enable businesses to leverage blockchain technology to make and accept payments. Circle offers three APIs: Payments API, Payouts API, and Accounts API.
In July 2021, Circle announced its business combination with Concord Acquisition. However, in February 2022 the parties decided to terminate the agreement.
The report provides information and insights into Circle including –
• Detailed insight into its business
• Comprehensive coverage of its products and services
• Comparative assessment with key alternative payment solutions
• The company's important events and milestones
Scope
• In October 2013, Circle was launched.
• In September 2017, Circle introduced Circle Pay in France and Italy and launched it in an early access phase in 11 European markets: Belgium, Bulgaria, Denmark, Greece, Hungary, Iceland, Lithuania, Norway, Romania, Sweden, and Switzerland.
• In March 2018, Circle launched digital investment app Circle Invest in the US.
• In September 2020, Circle launched Global Payouts, allowing businesses to make payouts in local currencies to more than 80 countries.
• In November 2022, Circle acquired Taiwan-based crypto technology company CYBAVO.
Reasons to Buy
• Gain insights into Circle business key events.
• Gain insights into its product portfolio.
• Assess the competitive dynamics in the alternative payments industry by comparing its performance against competitors.
Circle
Table of Contents
Frequently asked questions
Get in touch to find out about multi-purchase discounts
reportstore@globaldata.com
Tel +44 20 7947 2745
Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.