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We are the marketplace for trading gaming skins & assets without scams
GamerPay has raised $2.0M across 1 funding round.
Key people at GamerPay.
GamerPay was founded in 2020 by Martin Lykke Suhr (Founder) and Morten Byskov (Founder) and Mathias Hermansen (Founder) and Peter Haldbæk (Founder).
GamerPay has raised $2.0M in total across 1 funding round.
GamerPay is a marketplace for trading gaming skins and assets without scams. We do this by integrating with games to instantly validate all trades.
We launched 3 months ago and transacted 245.000 dollars growing 30% MoM.
Talking to 5.000 gamers we learned that 46% have been scammed more than once. Over half are minors, who are stuck trading for cash on social media due to their age.
We are the first to build a fully compliant system for parental consent, enabling the majority of gamers to trade legally and giving the parents peace of mind.
There are 215 million trades annually in games we support. We make 7 dollars on average per trade. So a $1.5B initial market, growing fast alongside gaming and blockchain game economies.
The team behind previously co-founded the largest transactional marketplace for secondhand high end clothes in Denmark, with 1 million users and a yearly transacted GMV north of $40 million.
GamerPay was founded in 2020 by Martin Lykke Suhr (Founder) and Morten Byskov (Founder) and Mathias Hermansen (Founder) and Peter Haldbæk (Founder).
GamerPay has raised $2.0M in total across 1 funding round.
GamerPay's investors include Aleksander Leonard Larsen, Heini Zachariassen, FoundersClub, PreSeed Ventures, Skyfall Ventures, Michael Seibel.
GamerPay is a secure, regulated marketplace focused on trading gaming skins and digital assets, primarily for Counter-Strike 2 (CS2). It serves gamers globally, including minors, by providing a safe environment that eliminates scams through direct game integration for instant trade validation and a parental consent system. The platform addresses the widespread problem of fraud in the gaming skin market, where nearly half of gamers have experienced scams. Since its launch in May 2021, GamerPay has shown strong growth, transacting over $245,000 within months and growing 30% month-over-month, tapping into a $1.5 billion market with over 215 million annual trades in supported games[1][2][4].
Founded in 2020 by Martin Lykke Suhr, a seasoned entrepreneur who previously co-founded Denmark’s largest transactional marketplace for secondhand clothes, GamerPay emerged from Martin’s extensive experience managing a large Counter-Strike community and witnessing rampant scamming issues firsthand. After interviewing over 5,000 gamers and discovering that 46% had been scammed—many minors restricted from legal trading—he assembled a team to build a compliant, trustworthy marketplace. The platform officially launched globally in May 2021, backed by $2 million in initial funding and later acquired by Finnish game studio Social First in 2025 to expand its secure trading ecosystem[1][2][3][5].
GamerPay rides the growing trend of digital asset ownership and monetization within gaming, where in-game items have real-world value and form a significant part of gamer identity. The timing is critical as the gaming industry expands alongside blockchain and digital economies, creating a multi-billion dollar market for secure, real-money trading of virtual goods. By introducing trust, regulation, and seamless integration, GamerPay addresses the market’s biggest pain points—fraud and legal restrictions—thus enabling safer, more accessible digital economies. Its model also anticipates the convergence of gaming, fintech, and blockchain, influencing how digital assets are traded and monetized globally[1][3][4][6].
Looking ahead, GamerPay is positioned to expand beyond CS2 skins into a broader range of games and digital assets, leveraging its acquisition by Social First to integrate marketplace services directly into game ecosystems. Trends such as increasing demand for secure digital ownership, regulatory scrutiny of virtual economies, and the rise of player-driven marketplaces will shape its growth. GamerPay’s emphasis on compliance and community trust sets it apart to become a foundational platform in the evolving landscape of gaming commerce, potentially enabling new revenue streams for developers and safer trading experiences for millions of gamers worldwide[3][4].
This trajectory ties back to GamerPay’s core mission: transforming the risky, fragmented market of gaming skins into a secure, accessible, and trusted marketplace that empowers gamers of all ages.
Key people at GamerPay.
GamerPay has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in October 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 27, 2021 | $2.0M Seed | Aleksander Leonard Larsen, Heini Zachariassen, FoundersClub, PreSeed Ventures, Skyfall Ventures, Michael Seibel |