Jack Mallers: Biography, Career, and Business Insights

Jack Mallers’s Profile Summary

Company	Strike
Position	Founder and CEO at Strike.
Source of wealth	Founding Strike, partnerships with companies like NCR and Shopify, early Bitcoin investments, performance and management fees from Strike
Also known as	Bitcoin advocate, early Bitcoin investor, entrepreneur in the payments industry
Age	31
Education	St. John's College - attended but did not graduate, Coding bootcamp - completed
Citizenship	United States
Residence	Chicago, Illinois, USA
Family	Details about his family are minimal. He is known to have a supportive father who introduced him to Bitcoin, but no further public information is available about other family members
Website, Social Media	https://strike.me/ https://x.com/jackmallers

Jack Mallers’s biography

Jack Mallers, born on April 9, 1994, in Chicago, Illinois, is a prominent figure in the cryptocurrency industry, known for his role in founding Strike, a mobile payments application built on Bitcoin's Lightning Network. He developed a deep interest in technology and cryptocurrency early on, thanks in part to his father’s influence, who introduced him to Bitcoin in 2013. Mallers launched Strike in 2020, allowing users to send and receive payments using Bitcoin with minimal fees, revolutionizing the way Bitcoin is integrated into daily transactions. Strike gained widespread recognition after its integration with Twitter's tipping feature and its pivotal role in El Salvador's adoption of Bitcoin as legal tender. Mallers' vision focuses on making global financial systems more inclusive and efficient by leveraging Bitcoin's potential, particularly in regions with limited access to traditional banking. His early ventures also include Zap, a non-custodial wallet and payments app, which was the precursor to Strike. Mallers was featured in Forbes 30 Under 30 in 2021 for his contributions to finance

How did Jack Mallers make money?

Jack Mallers makes money in the following areas:

Founding Strike, partnerships with companies like NCR and Shopify, early Bitcoin investments, performance and management fees from Strike
What is Jack Mallers net worth?

As of 2025, Jack Mallers’s net worth is estimated to be $50M.

What is Jack Mallers also known as?

Jack Mallers is widely recognized as an advocate for Bitcoin adoption, having played a significant role in El Salvador's decision to make Bitcoin legal tender. He is also known as an early investor in Bitcoin, which contributed to his financial success. Beyond his contributions to the crypto space, Mallers is an entrepreneur who has developed innovative payment solutions through Strike, enabling seamless global transactions and integrating Bitcoin into everyday use. His work aims to transform how financial systems operate, particularly in underserved regions like El Salvador, where access to traditional banking is limited

Prominent achievements of Jack Mallers

Mallers was featured in Forbes 30 Under 30 in 2021, helped influence Bitcoin's adoption as legal tender in El Salvador, and raised $80 million for Strike in 2022, boosting its valuation to $300 million

What are Jack Mallers’s key insights?

Jack Mallers is focused on financial inclusion and making Bitcoin accessible to everyone. He believes in Bitcoin's potential to democratize finance and sees his role as making its use simple, efficient, and global. He is deeply committed to reducing barriers to Bitcoin usage, especially in underserved markets

Jack Mallers’s personal life

His father, who worked in finance and trading, had a significant influence on his career by introducing him to Bitcoin. No other detailed family information has been disclosed

Useful insights

Analyze the use case and real-world application

When evaluating crypto projects, another critical factor is the project’s real-world use case. Top investors and developers always look for meaningful applications that solve real problems.

Identify the problem it solves

One key lesson from experienced Crypto developers like Vitalik Buterin is that a project must solve a real-world problem or significantly improve an existing process. Assess if the project addresses a clear need in industries like finance, supply chain, healthcare, or decentralized applications.
Assess market demand

Crypto Angel Investors often focus on the market demand for the project's solution. If the project serves a niche with little competition or improves existing technology in a meaningful way, it has a greater chance of success. Conduct your research to evaluate whether the project's target market is growing and scalable.
Check for partnerships and adoption

A project that has established partnerships with reputable companies or institutions is generally seen as more credible. Look for announcements of collaborations or endorsements by industry leaders, as these can indicate trust in the project’s potential.