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Speed

Est. 2022
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Last verified Jun 14, 2026

About Speed

Speed is a Dubai-based, Lightning Network–native Bitcoin wallet and payments company building fast, low-cost Bitcoin payment rails and developer APIs for merchants and apps.

The company was founded to simplify Bitcoin payments and on‑ramp experiences through a mobile wallet and payment processing tools that support Bitcoin (via Lightning) and stablecoins.

Speed’s leadership is led by co‑founders Jayneel (Jay) Patel and Niraj Patel, who are publicly profiled as the company’s founders and spokespeople.

Leadership

Niraj Patel
CEO
in ↗
Jayneel Patel
Co-Founder
in ↗

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Company Details

Year formedEst. 2022
Founded inSan Francisco, CA

Data Provenance

Facts verified by 21Rates research · Jun 14, 2026
1 sources cited on this page
21rates.com/companies/speed · structured data: Organization · Person ×2

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