Anthony Gallippi, co-founder and CEO, saw a need for bitcoin payment processing and founded BitPay in 2011. As a start-up, Mr. Gallippi is involved in all of the day-to-day operations including new business development, marketing, and customer service. Mr. Gallippi has 15 years of experience in sales and marketing working in the Robotics industry. Bitcoin is a new financial technology, invented in 2009 as the first peer-to-peer digital currency. Using bitcoin, it is possible to send money like an email - to anyone, anytime, anywhere- without going through a bank or government or corporation. Before founding BitPay, Mr. Gallippi was District Sales Manager at Aerotech and Regional Sales Manager at Industrial Devices Corporation.