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Privy
Privy is a Web3 authentication and wallet infrastructure platform that simplifies onboarding for decentralized apps.
Company Info
Privy is a next-generation Web3 authentication and embedded wallet infrastructure platform that simplifies onboarding for Bitcoin apps, banking platforms, and decentralized applications (dApps). It integrates wallet generation, key management, and user registration into a single safe, customizable API. Privy enables teams to build whitelabel wallets, sign transactions, and automate on-chain actions without adding complexity. It provides a safe and scalable wallet architecture for current on-chain applications. Users can sign in with email, phone, social accounts, or cryptocurrency wallets, and the site will automatically generate safe integrated wallets in the background.
Key Features of Privy:
- Flexible user onboarding system with email, SMS, social login, passkeys, or wallets.
- Swaps, bridges, gas sponsorship, fiat-to-crypto rails, and automated on-chain activities all have programmable integrations.
- SDKs that are easy for developers to use include React, Expo, Swift, Android, Unity, and customisable white-label components.
- Secure hardware-isolated TEEs with key sharding to protect wallet keys and reconstruct them only in secure environments.
Privy Milestones:
| Year | Achievements | |
| 2021 | Foundation | Henri Stern and Asta Li started the company to fix Web3 onboarding friction. The goal was simple: make it easier for users to get into Web3 without confusion or extra steps. |
| 2024 | Mainstream Scale | The platform crossed 10M+ accounts. Focus shifted toward MPC security and building stronger fiat-to-crypto rails to support wider usage and safer access. |
| 2025 | Stripe Acquisition | It raised $15M in Series A in March and was later acquired by Stripe in June. By this stage, it had grown to 75M+ accounts. |
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| # | Investor Name | Investor Category | Funding Date | Funding Round | Invested By | Fund Raised |
|---|---|---|---|---|---|---|
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