Gamerpay
GamerPay operated a peer-to-peer marketplace for trading Counter-Strike 2 in-game skins, serving individual gamers and skin traders globally via Steam account integration and charging a flat 3% sales fee plus 2.5% payout fee per transaction.
- Company typePrivate
- Founded2020
- HeadquartersCopenhagen, Denmark
- Headcount11–50
- GTM typeB2C
- OfferingDigital Commerce or Content
What Gamerpay does
GamerPay operated a peer-to-peer marketplace for trading in-game skins and collectibles, with its core footprint concentrated on Counter-Strike 2. The platform was built without bot infrastructure, meaning trades were executed directly between users rather than via custodial bot accounts — an architectural choice that eliminated trade locks and positioned safety as the central differentiator. Onboarding was friction-minimized through Steam account integration, which served as both the identity layer and the inventory access point; payouts flowed to users' bank accounts within 24–48 hours via regulated EU payment partner LemonWay, which also handled KYC. Over more than five years of operation, GamerPay facilitated over 2 million safe trades, accumulating usage primarily from individual Counter-Strike 2 traders — both casual sellers and high-volume power users with multi-thousand-euro inventories.
GamerPay monetized exclusively through transaction take rates: a 3% fee applied to each sale and a 2.5% fee on bank-account withdrawals. The pricing was fully transparent, with no subscription tiers; users paid only per transaction, making the business a pure marketplace-commission model. Go-to-market was product-led: users self-served through the web platform, with growth driven by Steam login distribution, a referral partner program, press coverage (including TechCrunch, Product Hunt, Sifted, DR, and TV2), and a marketing partnership with Swedish esports organization Ninjas in Pyjamas. The customer base was a long tail of individual gamers rather than enterprise accounts, with no B2B segment referenced.
GamerPay was founded in Copenhagen, Denmark, participated in Y Combinator's Summer 2021 batch, and raised $2 million in seed funding in October 2021 from a multi-country syndicate. In November 2025 the company was acquired by Finnish gaming studio Social First, which stated an intent to expand the platform into gaming titles beyond Counter-Strike 2. On April 30, 2026 GamerPay announced a full shutdown scheduled for May 29, 2026, with new trades halted on May 8, 2026 and only balance withdrawals supported during the wind-down window.
Gamerpay firmographics
Firmographics- Name
- Gamerpay
- Legal name
- GamerPay
- Website
- https://gamerpay.gg
- Company type
- Private
- Founded year
- 2020
- Operating status
- Closed
- Headcount range
- 11–50 employees
- Short description
- GamerPay operated a peer-to-peer marketplace for trading Counter-Strike 2 in-game skins, serving individual gamers and skin traders globally via Steam account integration and charging a flat 3% sales fee plus 2.5% payout fee per transaction.
- Ownership category
- akta.pro rank
Gamerpay industry classification
Industry- Product category
- Gaming Skin Marketplace
- NAICS
- Hobby, Toy, and Game Retailers (45912)
- SIC
- Retail-Hobby, Toy & Game Shops (5945)
- akta.pro primary industry
- Player-to-Player Marketplaces & Trading Platforms (MPAFAJAE)
- akta.pro secondary industries
- Digital Game Marketplaces & Item Economies (NFT/Skins/Trading) (BPAMAKAJ), In-Game Item Marketplaces & Trading Platforms (MPAFACAJ), Secondary Market Infrastructure (escrow, pricing, anti-scalping) (MPAFAJAG)
Keywords
Where Gamerpay is headquartered
LocationHeadquarters
- HQ city
- Copenhagen
- HQ country
- Denmark
- HQ region
- Europe
Offices1 record
Markets served
Gamerpay business model
Business model- GTM type
- B2C
- Offering type
- Digital Commerce or Content
- Cost components
- Technology or R&D, Operations, Personnel, Marketing or Sales
Revenue model
- Marketplace Transaction Fees: GamerPay charges a 3% fee on sales and a 2.5% payout fee when users withdraw their balance to a bank account. Revenue is generated entirely through transaction take rates on the peer-to-peer marketplace, making it a commission-based model.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | No tiered plans — single fee structure for all sellers |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Gamerpay product offering
Product offeringCore offering
GamerPay operated a peer-to-peer online marketplace where Counter-Strike 2 gamers could list, buy, and trade in-game skins directly with one another without bot intermediaries. The platform integrated with Steam accounts for inventory access and authentication, and enabled sellers to withdraw cash to their bank accounts via payment partner LemonWay within 24-48 hours, charging a 3% sales fee and 2.5% payout fee per transaction.
Product overview
GamerPay operated as a single unified peer-to-peer marketplace for in-game skins and collectibles, primarily serving Counter-Strike 2 traders. The core platform enabled buying, selling, and trading of skins with a 3% sales fee and 2.5% payout fee structure. The platform included a referral partner program for user referrals and a balance withdrawal service powered by payment partner LemonWay. GamerPay functioned without bots, eliminating trade locks, and connected to users' Steam accounts for authentication and inventory access. The platform was acquired by Social First in November 2025 but subsequently announced shutdown on May 29, 2026.
Differentiator
Problem solved
Functional benefit
Products and services
- GamerPay Marketplace Peer-to-peer online marketplace where Counter-Strike 2 gamers list, buy, and trade in-game skins directly with each other, with Steam account login, no bot infrastructure, and cash payouts to bank accounts via payment partner LemonWay within 24-48 hours.
Quantifiable outcome
- Over 2 million safe trades facilitated over five years of operation
- +2 more outcomes
Companies that use Gamerpay
Customer profileNamed customers5 records
Segments1 record
Ideal customer profiles1 record
Gamerpay technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature3 records
Gamerpay partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Social FirstcoreFinnish studio Social First acquired GamerPay in November 2025 to support its expansion into more games and enhance security and user experience for its own platform. GamerPay continued to operate under the acquisition and planned to extend its services to other gaming titles beyond Counter-Strike 2.
- Ninjas in PyjamascoreGamerPay partnered with Swedish esports team Ninjas in Pyjamas (NIP) to combat online scamming in gaming. The partnership was announced alongside the $2 million seed funding in October 2021 and was intended to build trust with gamers by associating GamerPay with a well-known esports brand.
- LemonWaycoreLemonWay served as GamerPay's payment partner, handling KYC (Know Your Customer) processes and balance withdrawals for users. The partnership was critical for enabling secure cash payouts to users' bank accounts. GamerPay's shutdown notice directed users with withdrawal problems to LemonWay's support team.
Scale indicators4 records
Recent moves6 records
Expansion highlights3 records
Gamerpay competitors and assessment
Company assessmentEmerging players
- CSGOEmpire: CSGOEmpire is a skin trading and gambling platform built around CS:GO/CS2 skins. While it blends marketplace with gambling mechanics, it competes for the same user base of skin traders and liquidity.
- Skinwallet: Skinwallet is a skin marketplace that lets users sell skins for cash quickly. It overlaps with GamerPay on the cash-out electronic items experience and competes for similar seller-side users.
Regional players
- Buff163: Buff163 is the dominant Chinese skin marketplace, primarily serving CS2 and other Steam inventory players. It is comparable in business model but operates primarily in a different geographic market than GamerPay.
Direct peers
- OPSkins (WAX): OPSkins was a pioneering CS:GO skin marketplace that transitioned to blockchain-based virtual item trading via WAX. It is a direct historical peer to GamerPay in the Counter-Strike skin marketplace category.
- SkinBaron: SkinBaron is a European-based skin marketplace focused on CS:GO and CS2 skins with bank cashout. It competes directly with GamerPay on Counter-Strike skin trading and operates in a similar regulatory jurisdiction (EU).
- BitSkins: BitSkins is a long-standing third-party marketplace for trading CS:GO and CS2 skins and other in-game items. It is a direct competitor offering P2P skin trading with cash payouts, closely matching GamerPay's core offering.
- Tradeit.gg: Tradeit.gg is a skin marketplace offering instant trades and cashouts for CS2 and other games. It competes directly with GamerPay on Counter-Strike skin trading and offers a similar bot-based instant trade model.
- Skinport: Skinport is a leading third-party marketplace for trading CS2/CS:GO skins and other in-game items with cash payouts. It is a direct competitor to GamerPay in the same Counter-Strike skin liquidity space with a similar fee-based take-rate model.
- DMarket: DMarket operates a marketplace for in-game items and skins across multiple games, with blockchain-based trading historically. It overlaps with GamerPay on virtual item commerce and cross-game marketplace positioning.
Broad incumbents
- Steam Community Market: Steam's own Community Market is the incumbent platform for buying and selling in-game items, including CS2 skins. It is the broad incumbent that all third-party marketplaces like GamerPay compete against and depend on.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Gamerpay social profiles
Digital presenceGamerpay financial estimates
Financial estimateRevenue estimate
Valuation estimate
Gamerpay leadership team
Management profileNumber of profiles
Profiles4 records
Gamerpay funding detail
Funding detailFunding overview
Funding rounds2 records
Investors8 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Gamerpay M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Gamerpay
What does Gamerpay do?
GamerPay operated a peer-to-peer online marketplace where Counter-Strike 2 gamers could list, buy, and trade in-game skins directly with one another without bot intermediaries. The platform integrated with Steam accounts for inventory access and authentication, and enabled sellers to withdraw cash to their bank accounts via payment partner LemonWay within 24-48 hours, charging a 3% sales fee and 2.5% payout fee per transaction.
Is Gamerpay a public or private company?
Gamerpay is a private company. It is classified as corporate owned and is currently closed.
When was Gamerpay founded?
Gamerpay was founded in 2020. It employs 11 to 50 people.
Where is Gamerpay based?
Gamerpay is headquartered in Copenhagen, Denmark, in the Europe region.
How does Gamerpay make money?
One revenue line is on record: marketplace Transaction Fees.
Who are Gamerpay's main competitors?
Emerging players on record are CSGOEmpire and Skinwallet. Buff163 is listed as a regional player. Direct peers are OPSkins (WAX), SkinBaron, BitSkins, Tradeit.gg, Skinport and DMarket. Steam Community Market is listed as a broad incumbent.
Does Gamerpay have an API?
No public API is recorded for Gamerpay.
What industry is Gamerpay in?
Gamerpay's product category is Gaming Skin Marketplace. Its primary akta.pro industry code is MPAFAJAE, Player-to-Player Marketplaces & Trading Platforms, with a secondary code of BPAMAKAJ, Digital Game Marketplaces & Item Economies (NFT/Skins/Trading). Its NAICS code is 45912 and its SIC code is 5945.