Speed Wallet
Latest round
- Seed
Last raised
- Dec 2025
Total raised
- $8M
Investors
- 2
About Speed Wallet
Founded in 2022 in Las Vegas, US, Speed1 Inc. operates Speed Wallet, a digital wallet for cryptocurrency transactions.Speed Wallet specializes in providing a secure and efficient digital wallet primarily for Bitcoin and USDT transactions. Its core product allows users to send, receive, swap, and buy Bitcoin and USDT with minimal fees. The wallet is particularly designed to facilitate everyday transactions, enabling users to pay bills, share expenses with friends, and make purchases from various retailers directly within the app. The Speed Wallet app integrates a seamless swap feature, allowing users to exchange Bitcoin for USDT and vice versa instantly.The revenue model of Speed Wallet is structured around transaction fees associated with the buying, selling, and swapping of cryptocurrencies, along with rewards programs that incentivize user engagement. Users earn Speed Rewards for every transaction made, which can be redeemed for Bitcoin SATs. The company also benefits from referral bonuses, rewarding users for onboarding new clients. Additionally, Speed Wallet generates revenue through partnerships and collaborations with retailers, allowing users to shop directly from the app using Bitcoin. This multifaceted approach, encompassing direct-to-consumer transactions and potential B2B partnerships, creates a dynamic revenue stream that supports the scalability of its services. The company plans to introduce new features that enhance user engagement over the coming year and aims to enter additional markets in Europe and Asia by 2026.
Who invested in Speed Wallet
2 investors across 1 round
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Funding rounds
Seed
Dec 16, 2025
Amount
$8M
Investors
Questions about Speed Wallet
Who invested in Speed Wallet?
Speed Wallet has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Speed Wallet raised?
Speed Wallet has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Speed Wallet last raise money?
Speed Wallet's most recent round on record is a Seed, in Dec 2025.
What does Speed Wallet do?
Founded in 2022 in Las Vegas, US, Speed1 Inc.
Where is Speed Wallet headquartered?
Speed Wallet is headquartered in Las Vegas, US.
Which VCs invest in companies like Speed Wallet?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Speed Wallet's stage. Their profiles are linked below.
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