--- title: Paxful Is one of the 2022 TIME100 Most Influential Companies description: Find out why Paxful was selected for the list canonical: https://time.com/collections/time100-companies-2022/6159501/paxful/ article:content_tier: free article:published_time: 2022-03-30T10:26:17.000Z article:modified_time: 2026-03-31T05:09:10.385Z og:title: TIME100 Most Influential Companies 2022: Paxful og:description: Find out why Paxful is on the list og:url: https://time.com/collections/time100-companies-2022/6159501/paxful/ og:site_name: TIME og:image: https://static.time.com/v3/assets/bltea6093859af6183b/blt54759b670a078448/698a302bb3fce30b690c9168/T100-Companies-D-Paxful.jpg?branch=production&width=3840&quality=75&auto=webp&crop=16:9 og:image:width: 1200 og:image:height: 675 og:image:alt: TIME100 Most Influential Companies 2022: Paxful og:type: article twitter:card: summary_large_image twitter:title: TIME100 Most Influential Companies 2022: Paxful twitter:description: Find out why Paxful is on the list twitter:image: https://static.time.com/v3/assets/bltea6093859af6183b/blt54759b670a078448/698a302bb3fce30b690c9168/T100-Companies-D-Paxful.jpg?branch=production&width=3840&quality=75&auto=webp&crop=16:9 --- Mar 30, 2022 # Paxful Crypto for all by [Jared Lindzon](https://time.com/author/jared-lindzon/) ## Jared Lindzon Jared Lindzon is the co-author of "Do More in Four: Why It’s Time for a Shorter Workweek"  Ray Youssef, chief executive officer and co-founder of Paxful, speaks during the Bitcoin 2021 conference in Miami, Florida, U.S., on Saturday, June 5, 2021 Ray Youssef, chief executive officer and co-founder of Paxful, speaks during the Bitcoin 2021 conference in Miami, Florida, U.S., on Saturday, June 5, 2021Eva Marie Uzcategui—Bloomberg/Getty Images Cryptocurrencies like Bitcoin, advocates argue, make it easier for people in emerging economies to [buy, spend, and move money,](https://time.com/6106706/bitcoin-black-investors/) even without access to traditional financial infrastructure. Paxful, a peer-to-peer cryptocurrency-­exchange platform with more than 9 million users globally, is helping make that possible. Users can freely transact in crypto with anyone across the world, and the company recently launched crypto education centers in Nigeria and El Salvador with the goal of financially empowering local communities. “When used as a means of exchange, Bitcoin can bridge economies and expand opportunities for the billions of unbanked,” says CEO Ray Youssef. _A weekly newsletter featuring conversations with the world’s top CEOs, managers, and founders._ [_Join the Leadership Brief_](https://cloud.newsletters.time.com/signup?nln=leadership&source=100companies). **Correction, March 31** _The original version of this story misstated the number of Paxful users. The company has more than 9 million users, not 6 million._ ```json [{"@context":"https://schema.org","@type":"Article","@id":"https://time.com/collections/time100-companies-2022/6159501/paxful/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/collections/time100-companies-2022/6159501/paxful/"},"headline":"Paxful","datePublished":"2022-03-30T10:26:17.000Z","dateModified":"2026-03-31T05:09:10.385Z","description":"","url":"https://time.com/collections/time100-companies-2022/6159501/paxful/","keywords":["TIME100 Companies","T100Companies2022","sponsorshipblock"],"thumbnailUrl":"https://static.time.com/v3/assets/bltea6093859af6183b/blt54759b670a078448/698a302bb3fce30b690c9168/T100-Companies-D-Paxful.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","author":[{"@type":"Person","name":"Jared Lindzon","jobTitle":"","url":"https://time.com/author/jared-lindzon/"}],"creator":"Jared Lindzon","articleSection":"","image":[{"@type":"ImageObject","url":"https://static.time.com/v3/assets/bltea6093859af6183b/blt54759b670a078448/698a302bb3fce30b690c9168/T100-Companies-D-Paxful.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","width":1200,"height":675}],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"https://time.com/collections/time100-companies-2022/6159501/paxful/","name":"Paxful"}}]}] ```