Worldcoin

Worldcoin

Provides digital identity for global economy

About Worldcoin

Simplify's Rating
Why Worldcoin is rated
B+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated A on Differentiation

Industries

Fintech

Crypto & Web3

Financial Services

Company Size

201-500

Company Stage

ICO

Total Funding

$285M

Headquarters

San Francisco, California

Founded

2019

Overview

Worldcoin provides a digital identity and financial network aimed at giving everyone access to the global economy, regardless of their location or economic status. Its main product is the Worldcoin wallet, which works with the World ID to enable users to conduct transactions on the Worldcoin network. The technology is based on an open-source protocol, allowing the community of developers and technologists to contribute and modify it. This collaborative approach sets Worldcoin apart from competitors, as it fosters a supportive environment for innovation and expansion. The company's goal is to democratize economic participation by ensuring that anyone can engage in the global economy through a secure digital identity.

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Simplify's Take

What believers are saying

  • Worldcoin's partnership with Circle enhances cross-border transactions using USDC.
  • The Orb Mini device expands Worldcoin's reach in remote areas.
  • Worldcoin's expansion into the UK opens new partnership opportunities.

What critics are saying

  • Worldcoin faces legal challenges in Kenya over biometric data collection.
  • Privacy concerns may hinder Worldcoin's expansion in the U.S. and UK.
  • Regulatory scrutiny of stablecoins could impact Worldcoin's operations.

What makes Worldcoin unique

  • Worldcoin offers a unique digital identity through iris-scanning technology.
  • The World App integrates digital asset management with privacy-focused features.
  • Worldcoin's open-source protocol encourages global collaboration and innovation.

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Funding

Total Funding

$285M

Above

Industry Average

Funded Over

3 Rounds

Notable Investors:
Ico funding comparison data is currently unavailable. We're working to provide this information soon!
Ico Funding Comparison
Coming Soon

Benefits

Health, dental, & vision insurance for you & dependents

401(k) plan

Flexible work hours

Unlimited time off

Parental leave

Daily catered lunch and dinner upon return to office

Home office set up stipend

Growth & Insights and Company News

Headcount

6 month growth

↑ 2%

1 year growth

↓ -1%

2 year growth

↑ 1%
PYMNTS
Jun 14th, 2025
Circle Sees ‘Tremendous Opportunity’ For Collaborations As Stablecoin Adoption Grows

“It’s a tremendous opportunity as the world connects to this new form of currency on the internet,” Allaire told Bloomberg Television Friday in an interview. “We see tremendous opportunities to collaborate with major technology firms, major payments companies, major financial institutions, and we already do.”. Bloomberg reported that on Friday, Circle’s shares were up about 15% for the day and 300% since the company went public last week. The report also noted that stablecoin legislation is moving through the U.S. Congress, that Shopify said Thursday (June 12) that it will enable merchants to accept Circle’s USDC stablecoin for payments, and that it was reported that Amazon and Walmart are considering using stablecoins

PYMNTS
Jun 13th, 2025
Circle Rallies And Chime Joins The Nasdaq As Fintech Ipo Surges 3.7%

Chime listed on Thursday, and shares soared 38% in the first day of trading. Circle has gained more than 28% in the past five trading days. As reported here, blockchain firm Ripple launched a partnership with Circle. The collaboration brings Circle’s USDC stablecoin to Ripple’s XRP Ledger (XRPL) blockchain, per this week’s announcement. The announcement came one day after Circle formed an expanded partnership with World, a digital identity company known for its eyeball-scanning technology

PYMNTS
Jun 11th, 2025
Circle’S Native Usdc Goes Live On World’S Blockchain

The company announced Wednesday (June 11) that Circle’s USDC and CCTP V2 (Cross-Chain Transfer Protocol) had gone live on World Chain. “If you’re saying to yourself, ‘I thought USDC was already on World,’ you’ve actually hit upon the ‘so what’ of all this,” World said in its announcement. “Almost two million humans on World already held bridged USDC in their World App wallets. It’s now upgraded to native USDC issued directly by Circle. World is uniquely globally distributed with over 27 million users in over 160 countries.”

The Indian Alert
Jun 9th, 2025
Sam Altman's Worldcoin Orb iris-scanning service launching in the UK

Worldcoin, the ambitious digital identity and cryptocurrency project founded by Sam Altman, is set to launch its iris-scanning Orb services in the UK starting June 12.

CoinDesk
May 21st, 2025
World Network Raises $135M from a16z

Sam Altman's World Network raised $135M in a private token sale of its WLD token to a16z and Bain Capital Crypto. The funds will support network expansion. The WLD token rose 14% on the news. World Assets, Ltd., a subsidiary of the World Foundation, sold the tokens at market prices to meet demand for Orb-verified World IDs and expand the network in the U.S. and beyond.

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