Bridge Network
About Bridge Network
Company overview
Bridge Network, founded in 2022 by Zach Abrams and Sean Yu, was a San Francisco-based fintech company focused on stablecoin infrastructure and APIs for developers, operating under Bridge Ventures LLC. Acquired by Stripe, Inc. in February 2025 for $1.1 billion, Bridge provided a platform to simplify global money movement using stablecoins, cryptographic digital assets pegged to fiat currencies like USD or EUR. The company enabled businesses to integrate stablecoin payments, offering fast, low-cost cross-border transactions and currency conversion. Bridge served clients like SpaceX, Coinbase, and Bitso, and partnered with aid organizations and governments to disburse funds. Its mission was to transform global financial systems by reducing friction in traditional payment rails like SWIFT, which often incur high fees (3-4%) and delays (days). Business/Product Breakdown Bridge offered a stablecoin-based payment platform with developer-friendly APIs for seamless integration into existing financial systems. Its core products included: Orchestration APIs: Enabled businesses to move, store, and accept stablecoins (e.g., USDC, PYUSD, USDT), converting between fiat (USD, EUR) and digital currencies via a single API. Transactions settled in minutes at ~10% of traditional FX costs. Issuance APIs: Allowed companies to issue custom stablecoins, earning rewards and settling transactions across currencies. Cross-Border Payments: Facilitated instant, 24/7 B2B payments, e.g., MXN to USD via Bitso in LATAM, bypassing SWIFT delays. Digital Wallets: Managed onchain security and gas fees, enabling scalable wallet creation for stablecoin storage and spending. Card Programs: Supported global spending with revenue-sharing for each transaction. Dollar-Access: Enabled consumers in LATAM and Africa (via Chipper Cash, Dolar App) to save and spend in USD/EUR, addressing currency volatility. Bridge's platform supported use cases like government aid payouts, creator platform disbursements, and corporate treasury repatriation (e.g., SpaceX's multi-currency payments). The company was a registered Money Services Business with FinCEN, compliant with U.S. regulations (NMLS #2450917), and operated in the EEA via Bridge Building Sp. Z.o.o. in Poland. Revenue came from transaction fees, API subscriptions, and enterprise contracts, with no monthly commitment fees, unlike competitors.
Keywords
Revenue
EBITDA
Valuation
| Line Item | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenues | $380 MM | $250 MM | $90 MM | $120 MM | $65 MM |
| Gross Profit | $190 MM | $125 MM | $45 MM | $60 MM | $32.50 MM |
| Net Income (Loss) | $43 MM | $25 MM | $9 MM | $12 MM | $6.50 MM |
| Line Item | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Total Assets | $850 MM | $720 MM | $680 MM | $650 MM | $600 MM |
| Total Liabilities | $450 MM | $400 MM | $380 MM | $350 MM | $320 MM |
| Total Equity | $400 MM | $320 MM | $300 MM | $300 MM | $280 MM |
Ratios
Employee Figures
Key Executives
| Name | Title | Socials | Phone | |
|---|---|---|---|---|
| John Doe | Employee | ---------- | ---------- | ---------- |
| Jane Doe | Employee | ---------- | ---------- | ---------- |
| John Doe | Employee | ---------- | ---------- | ---------- |
| John Doe | Employee | ---------- | ---------- | ---------- |
401K
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
© 2026 PrivCo Holding Inc. All rights reserved.
No AI Training or Automated Data Extraction.
Use of this page or any content or data made available by PrivCo for scraping, crawling, indexing, caching, extracting, copying, reproducing, storing, or for training or developing any artificial intelligence or machine learning system is strictly prohibited without prior written consent. All access to and use of this page and PrivCo's services are subject to the PrivCo Terms of Use: https://www.privco.com/terms-of-use. No license or right is granted by implication or otherwise.