What Does Paxful Inc. Do?

Total employees0
HeadquartersTallinn
Founded2015

Paxful Inc. was a global peer-to-peer cryptocurrency marketplace founded in 2015 by Ray Youssef and Artur Schaback. It aimed to provide financial inclusion by enabling users to buy, sell, and trade Bitcoin and other digital currencies using over 350 payment methods. The platform was particularly popular in emerging markets and focused on empowering unbanked and underbanked populations. However, in April 2023, Paxful announced the suspension of its marketplace operations, citing regulatory challenges and key staff departures. Co-founder Ray Youssef also stepped down as CEO at this time. The company's future plans and operational status beyond the marketplace suspension are not fully clear. While Paxful at its peak employed hundreds, the marketplace suspension means active operational staff directly related to the P2P trading platform is effectively zero.

Where Is Paxful Inc.'s Headquarters?

HQ Function

Served as a major operational and engineering hub, supporting European markets and global platform development prior to the marketplace suspension.

Notable Features:

Modern office facilities designed to support a technology-driven team and foster collaboration. Specific architectural details are not publicly highlighted.

Work Culture:

Previously known for a dynamic, fast-paced, and mission-driven environment focused on innovation in the P2P crypto space and financial inclusion. Post-suspension, any remaining activity would be focused on administrative wind-down or strategic re-evaluation.

HQ Significance:

This location was crucial for Paxful's European operations, engineering talent pool, and as a base for a regulated entity within the EU (Paxful Estonia OÜ).

Values Reflected in HQ: The choice of a tech-forward environment in Tallinn likely reflected Paxful's values of innovation, global reach, and leveraging technology for its P2P platform.

Location:

Prior to its marketplace suspension in April 2023, Paxful Inc. had a significant global presence, with its peer-to-peer cryptocurrency trading platform available in nearly every country. It supported a vast array of local payment methods, aiming to connect users worldwide, especially in regions with limited access to traditional banking. Key functions supported globally included localized customer support, platform accessibility, and diverse payment integrations. Its physical office presence included hubs in North America, Europe, and Asia. This global operational footprint is now largely inactive due to the marketplace suspension.

Street Address:

Pärnu mnt 12

City:

Tallinn

State/Province:

Harjumaa

Country:

Estonia

Where Else Does Paxful Inc. Operate Around the World?

New York, NY, USA

Address: Historically, a key office was located in areas like Midtown Manhattan (e.g., 405 Lexington Avenue, New York, NY 10174, though specific current addresses post-suspension are unconfirmed). Paxful Inc. is registered in Delaware.

Key center for U.S. and Americas operations, strategic partnerships, and initial company growth.

Manila, Philippines

Address: Specific street address not publicly detailed for general purposes.

Provided essential global customer service and operational support, particularly for the Asian market and English-speaking users worldwide.

Hong Kong

Address: Specific street address not publicly detailed.

Focused on business development and establishing a presence in the East Asian financial and crypto landscape.

Buying Intent Signals for Paxful Inc.

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Paxful Inc.? Meet the Executive Team

As of April 2025, Paxful Inc.' leadership includes:

Roshan Dharia - Interim CEO (as of April 2023)
Ray Youssef - Co-founder, Former CEO (Stepped down April 2023)
Artur Schaback - Co-founder, Former CTO (Departed around April 2023)

Who's Investing in Paxful Inc.?

Paxful Inc. has been backed by several prominent investors over the years, including:

Paxful was primarily known to be bootstrapped or privately funded by its founders.
No major external venture capital funding rounds have been publicly disclosed.

What Leadership Changes Has Paxful Inc. Seen Recently?

Hire1
Exits2

The last 12-18 months saw significant executive changes at Paxful Inc., culminating in the suspension of its marketplace in April 2023. Co-founder Ray Youssef stepped down as CEO, and co-founder Artur Schaback (CTO) also departed. Roshan Dharia was appointed as Interim CEO to manage the company during this period.

Departures

Ray Youssef, Ray Youssef stepped down as CEO amidst the company suspending its marketplace operations.
Artur Schaback, Artur Schaback departed his role as CTO during a period of significant upheaval for the company.

New Appointments:

Roshan Dharia, Roshan Dharia was appointed as Interim CEO to navigate Paxful through its marketplace suspension and subsequent steps.

What Technology (Tech Stack) Is Used byPaxful Inc.?

Discover the tools Paxful Inc. uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Paxful Inc. Email Formats and Examples

Common email formats for technology companies like Paxful often include first name and last name combinations. Given the company's current suspended status, the practical use of these formats for outreach is limited.

[first].[last]@paxful.com

Format

jane.doe@paxful.com

Example

65%

Success rate

What's the Latest News About Paxful Inc.?

CoinDeskApril 10, 2023

Paxful Interim CEO Says Customer Funds Are Safe After Platform's Suspension

Following the suspension of Paxful's marketplace, newly appointed Interim CEO Roshan Dharia assured users that all customer funds were safe and accounted for, emphasizing the company's commitment to ensuring users could retrieve their money....more

TechCrunchApril 4, 2023

P2P crypto exchange Paxful is suspending its marketplace

Paxful, a leading peer-to-peer cryptocurrency exchange, announced it was suspending its marketplace operations. CEO Ray Youssef cited regulatory pressures and key staff departures as primary reasons for the sudden shutdown....more

BloombergApril 21, 2023

Crypto Exchange Paxful’s Ex-CEO Says He’ll Refund Frozen Funds

Former Paxful CEO Ray Youssef stated his intention to personally refund users whose funds were frozen on the Earn program of Celsius via Paxful wallets, following Paxful's marketplace suspension. This highlighted ongoing issues related to user funds and third-party integrations....more

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