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Fortune
Fortune
Leo Schwartz

Strike expands Bitcoin payments to 65 countries, moves global headquarters to El Salvador

(Credit: Eva Marie Uzcategui—Getty Images)

Since starting in 2019, the Bitcoin-powered payments app Strike has aimed to become a global crypto-powered equivalent to Venmo or Cash App. On Friday, the company—led by 29-year-old entrepreneur Jack Mallers—announced that it was expanding to a total of 65 global markets, in addition to the U.S., El Salvador, and Argentina, where it already operates.

In an interview with Fortune in Miami, Mallers touted Strike's consumer-facing app, which offers Bitcoin and Tether transfers, through what he described as a "frictionless onboarding."

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