BlueWallet
BlueWallet is an open-source, non-custodial Bitcoin and Lightning Network wallet for iOS, Android, and desktop, serving self-sovereign Bitcoin users, security-conscious holders, and Lightning adopters through free, donation-funded software.
- Company typePrivate
- Founded2017
- HeadquartersBarcelona, Spain
- Headcount1–10
- GTM typeB2C
- OfferingSoftware
What BlueWallet does
BlueWallet is an open-source, non-custodial Bitcoin and Lightning Network wallet platform founded in 2017 by Igor Korsakov, Marcos Rodriguez, and Nuno Coelho, and legally operated through Bluewallet Services, domiciled in the Dominican Republic. The product is built on React Native and is available on iOS, Android, and desktop (macOS, Linux, Windows), supporting multiple wallet types: on-chain Bitcoin (Native SegWit, Wrapped SegWit, Legacy, Electrum, Bread), Lightning Network via the proprietary open-source LndHub wrapper, Multisig Vaults (default 2-of-3), and Watch-only wallets, with hardware wallet integrations for Coldcard, Cobo Vault, and CryptoAdvance via PSBT and BCR-UR animated QR codes.
The supporting infrastructure includes LndHub (multi-account Lightning hub), Ground Control (self-hostable push notification service), Local Trader (Hodl Hodl-powered P2P non-KYC trading), and a Lapp Browser with WebLN support. BlueWallet self-describes as "the most used open-source Bitcoin wallet" and reports 2M+ app downloads, 27 contributors, 738 commits, 32 production releases in 2019, and localization in 32 languages.
The business model is freemium in form but donation-funded in practice: the wallet is free with no paid tiers, monetized solely through Bitcoin donations to donate.bluewallet.io, and the founders have explicitly committed to keeping it free and free of corporate/shareholder influence. Go-to-market is product-led and community-driven via GitHub, Telegram, TestFlight beta programs, and the Transifex translation initiative, targeting self-sovereign Bitcoin users, security-conscious holders of large balances, and Lightning Network early adopters across consumer and prosumer segments.
BlueWallet firmographics
Firmographics- Name
- BlueWallet
- Legal name
- Bluewallet Services
- Website
- https://bluewallet.io
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- BlueWallet is an open-source, non-custodial Bitcoin and Lightning Network wallet for iOS, Android, and desktop, serving self-sovereign Bitcoin users, security-conscious holders, and Lightning adopters through free, donation-funded software.
- Ownership category
- akta.pro rank
BlueWallet industry classification
Industry- Product category
- Cryptocurrency Wallet
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Self-Custody Wallets (Consumer & Institutional) (FSADACAE)
Keywords
Where BlueWallet is headquartered
LocationHeadquarters
- HQ city
- Barcelona
- HQ country
- Spain
- HQ region
- Europe
Offices1 record
Markets served
BlueWallet business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Infrastructure, Personnel, Marketing or Sales, Operations
Revenue model
- Donations and Community Support: BlueWallet is a free open-source project that relies on community donations. The project explicitly states it should 'stay that way' and accepts Bitcoin contributions to remain independent from corporate influence and shareholder pressure.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Free Open-Source Wallet |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels7 records
BlueWallet product offering
Product offeringCore offering
BlueWallet develops and distributes a free, open-source, non-custodial Bitcoin and Lightning wallet available on iOS, Android, and Desktop (macOS, with Linux/Windows). The product lets individual users hold their own private keys while accessing on-chain Bitcoin features (SegWit, RBF/CPFP, coin control, multisig vaults, watch-only wallets, hardware wallet pairing) and Lightning Network payments via the open-source LNDhub technology. Supporting infrastructure products LNDhub (a multi-account Lightning Hub built on LND) and Ground Control (a self-hostable push notification service) extend the offering to developers and self-sovereign operators.
Product overview
BlueWallet is an open-source, non-custodial Bitcoin and Lightning wallet platform available on iOS, Android, and Desktop (macOS, Linux, Windows). The product portfolio centers on the core BlueWallet mobile app which supports multiple wallet types including Bitcoin (SegWit, Legacy, Electrum, Bread), Lightning Network, Multisig Vaults, and Watch-only wallets. Supporting infrastructure includes LNDhub for Lightning Hub functionality, Ground Control for push notifications, and Local Trader for P2P Bitcoin trading. The Desktop application extends these capabilities with full node support and push notifications. All products emphasize self-sovereignty, open-source principles, and integration with hardware wallets (Coldcard, Cobo Vault) and Bitcoin full nodes via Electrum protocols.
Differentiator
Problem solved
Functional benefit
Brands
- LndHub: A free and open source multiple account plugin for Lightning built on top of the Lightning Network Daemon (LND). Allows users to run different accounts with only one node in a trust-minimized setup.
- Ground Control
- Local Trader
Products and services
- BlueWallet (iOS/Android) Non-custodial, open-source Bitcoin and Lightning wallet mobile application for iOS and Android. Supports SegWit, Lightning Network, multisig vaults, watch-only wallets, hardware wallet integration, and advanced transaction control including RBF and CPFP.
- BlueWallet Desktop Bitcoin and Lightning wallet application for macOS, with builds available for Linux and Windows. Supports full-node connection, hardware wallet integration, multiple wallet types, push notifications, and plausible deniability.
- BlueWallet Apple Watch App Apple Watch companion app for BlueWallet, allowing users to view wallet details, receive and send payments, and view latest transactions from their wrist.
- LNDhub Free and open-source Lightning Hub software built on top of LND (Lightning Network Daemon). Allows multiple user accounts with a single Lightning node in a trust-minimized setup, suitable for hosted shared services, families, or groups sharing their own node. Distributed with an open, public API specification enabling third-party developers to build on it.
- Ground Control Free and open-source push notification service for Bitcoin wallets that can be self-hosted. Supports Bitcoin and LNDhub receive notifications for pending and confirmed on-chain transactions, processing blocks and mempool for subscribed addresses. Built with TypeScript, Express.js, and MariaDB.
Quantifiable outcome
- Up to 50% fee savings with Native SegWit addresses
- +1 more outcomes
Companies that use BlueWallet
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
BlueWallet technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration14 records
Feature8 records
BlueWallet partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered minor and core.
- Ark Labs (Arkade)minorArk Labs partnered with BlueWallet as part of the Arkade public beta launch, which introduces a Bitcoin native Layer 2 solution built on the Ark Protocol specification.
- Phoenix WalletminorAlternative Lightning wallet recommended to users after Lndhub.io sunsetting. Available on iOS and Android.
- Breez WalletminorAlternative Lightning wallet recommended to users after Lndhub.io sunsetting. Available on iOS and Android.
- Cobo VaultcoreCobo Vault hardware wallet integration with BlueWallet includes one of the first air-gapped PSBT implementations with animated QR codes between software and hardware wallets.
- ElectrumX / Electrs / Electrum Personal ServercoreFull node connection support through ElectrumX, Electrs, or Electrum Personal Server for maximum self-sovereignty. Users can plug in their own Bitcoin node instead of relying on third-party servers.
- BTCPay ServercoreBTCPay integration enables BlueWallet users to interact with BTCPay Server applications through a native mobile experience, replacing less secure web frontends. This solves real problems for merchants and store payees who currently rely on web interfaces.
- Hodl HodlcoreHodl Hodl P2P non-custodial exchange integration allows BlueWallet users to access fiat-to-BTC trading without KYC. Hodl Hodl provides the exchange technology while BlueWallet focuses on wallet technology.
- ColdcardcoreColdcard hardware wallet support via PSBT (Partially Signed Bitcoin Transactions) and watch-only wallets. Enables air-gapped transaction signing between Coldcard device and BlueWallet app.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
BlueWallet competitors and assessment
Company assessmentDirect peers
- Muun Wallet: Non-custodial Bitcoin and Lightning wallet for iOS and Android with similar focus on user sovereignty, on-chain/Lightning swaps, and minimal trusted setup. Directly competes with BlueWallet for the same Bitcoin-only, self-custody user segment.
- Phoenix Wallet: ACINQ-developed non-custodial Lightning wallet for iOS and Android. Was explicitly recommended by BlueWallet when Lndhub.io shut down in 2023, indicating direct overlap in the Lightning-focused mobile wallet segment.
- Sparrow Wallet: Open-source Bitcoin wallet with strong emphasis on privacy, coin control, multisig, and hardware wallet integration. Serves the same security-conscious, sovereignty-focused Bitcoin holder segment as BlueWallet but is desktop-first.
- Electrum: Long-standing open-source Bitcoin wallet supporting hardware wallets, multisig, and full-node connectivity. BlueWallet explicitly supports importing Electrum wallets, indicating direct format-level and audience overlap with the technically inclined Bitcoin user.
- Breez Wallet: Non-custodial Bitcoin and Lightning wallet with self-custodial LSP model, explicitly recommended by BlueWallet after Lndhub.io sunsetting. Directly competes for the mobile-first Lightning user with a similar self-sovereignty positioning.
- Wasabi Wallet: Open-source, non-custodial Bitcoin wallet focused on privacy via CoinJoin integration. Targets the same sovereignty-minded Bitcoin purist segment as BlueWallet with overlapping emphasis on privacy features like Payjoin.
- Samourai Wallet: Privacy-focused, non-custodial Bitcoin wallet with Whirlpool CoinJoin and stealth addressing. Direct competitor in the privacy-and-self-sovereignty mobile Bitcoin wallet niche that BlueWallet also addresses.
Broad incumbents
- Trust Wallet: Multi-chain, multi-asset wallet by Binance with very large user base. Competes for general-purpose mobile crypto wallet users but does not match BlueWallet's Bitcoin-only or open-source positioning; serves a much broader portfolio of users.
- Exodus Wallet: Multi-asset desktop and mobile wallet with built-in exchange and staking. Competes in the same wallet category but with broader multi-chain scope and a commercial (non-open-source) model; targets less technical users than BlueWallet.
- Block (Cash App): Public company with Bitcoin wallet functionality inside Cash App plus the standalone Cash App Bitcoin product. Operates at vastly larger scale than BlueWallet but as part of a broader fintech portfolio, not a Bitcoin-only open-source niche player.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
BlueWallet social profiles
Digital presenceBlueWallet financial estimates
Financial estimateRevenue estimate
Valuation estimate
BlueWallet leadership team
Management profileNumber of profiles
Profiles3 records
BlueWallet funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BlueWallet 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 BlueWallet
What does BlueWallet do?
BlueWallet develops and distributes a free, open-source, non-custodial Bitcoin and Lightning wallet available on iOS, Android, and Desktop (macOS, with Linux/Windows). The product lets individual users hold their own private keys while accessing on-chain Bitcoin features (SegWit, RBF/CPFP, coin control, multisig vaults, watch-only wallets, hardware wallet pairing) and Lightning Network payments via the open-source LNDhub technology. Supporting infrastructure products LNDhub (a multi-account Lightning Hub built on LND) and Ground Control (a self-hostable push notification service) extend the offering to developers and self-sovereign operators.
Is BlueWallet a public or private company?
BlueWallet is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was BlueWallet founded?
BlueWallet was founded in 2017. It employs 1 to 10 people.
Where is BlueWallet based?
BlueWallet is headquartered in Barcelona, Spain, in the Europe region.
How does BlueWallet make money?
One revenue line is on record: donations and Community Support.
Who are BlueWallet's main competitors?
Direct peers on record are Muun Wallet, Phoenix Wallet, Sparrow Wallet, Electrum, Breez Wallet, Wasabi Wallet and Samourai Wallet. Broad incumbents are Trust Wallet, Exodus Wallet and Block (Cash App).
Does BlueWallet have an API?
Yes. LndHub API - An open-source Lightning Hub wrapper around LND (Lightning Network Daemon). Allows multiple user accounts with a single Lightning node in a trust-minimized setup. The API specification is open and publicly available, enabling developers to build their own products on top of it. Developer documentation is at github.com/BlueWallet/LndHub.
What industry is BlueWallet in?
BlueWallet's product category is Cryptocurrency Wallet. Its primary akta.pro industry code is FSADACAE, Self-Custody Wallets (Consumer & Institutional). Its SIC code is 6199.