Swedish Bitcoin Exchange Safello Gets $250K Investment From Bitcoin Opportunity Corp.
If you needed more proof that their is a ton of growth going on in the bitcoin exchange community, here's something else to convince you. Swedish bitcoin exchange Safello has announced an investment of $250,000 from the Bitcoin Opportunity Corporation, started by Barry Silbert, CEO of both SecondMarket and the Bitcoin Investment Trust. "In a very short period of time, the Safello team has created a leading European platform for buying, storing and selling bitcoin," said Silbert in a press statement. "Their user and transaction growth is accelerating and I'm thrilled to join a group of....
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Swedish bitcoin exchange Safello has received $250,000 in new funding from the Bitcoin Opportunity Corp (BOC). Safello made the announcement at the CoinSummit conference in London today. Notably, the financing is the BOC's largest investment outside of the US yet. The new funds are anticipated to allow the Stockholm-based company to increase its marketing efforts across Europe and roll out new products and features faster. As a result, the BOC's chief executive and founder, Barry Silbert, expects to see Safello's customer and transaction volume growth accelerate, he said in an interview....
Mexico-based bitcoin exchange Volabit has received $250,000 in new funding, an amount the company says will be used to further establish itself in the digital currency market. The capital comes from Bitcoin Opportunity Corp, a investment vehicle headed by SecondMarket and Bitcoin Investment Trust CEO Barry Silbert. Speaking to CoinDesk, Silbert said that he is confident Volabit can gain the users it needs to target the country's underserved consumer market, and that his firm's investment is a reflection of this belief. Silbert told CoinDesk: "Through the use of bitcoin, Volabit has the....
Swedish bitcoin startup Safello has reportedly received $600,000 in investment capital from Coinapult co-founder Erik Voorhees, bitcoin advocate and angel investor Roger Ver, Blockchain.info CEO Nicolas Cary, and angel investment outfit Victor & Victor. The company, which we've reported on previously, will use the investment cash to grow their position in Europe, and will take other bitcoin start-ups like Coinbase, Kraken, and Bitstamp head-on. To do that, Safello has started by redesigning their website for ease of use, and they've also registered with the Financial Supervisory Authority....
Swedish bitcoin exchange Safello is making the push to establish itself as Europe's leading bitcoin exchange with direct payments now available from 86 European banks in 11 countries. Safello is using the instant SOFORT payment system, meaning there will be no need to wait for an international bank transfer to be cleared into the company's accounts. "The only way many people were able to buy bitcoin before was via an international bank transfer. But now they can simply do an immediate payment," Ludvig Öberg, Vice President of Product Development told CoinDesk. "As soon as we get your....
Barry Silbert and his Bitcoin Opportunity Corp. is at it again. This time around, Silbert is reported to have invested a whopping $250,000 in a Bangalore, India-based bitcoin start-up called Unocoin. It's one of a few investments Silbert has made in recent history in the sector, which includes $250,000 in Mexican bitcoin exchange Volabit, and another $250,000 in Swedish bitcoin services company Safello. With interest in bitcoin and other digital currencies in India rising, it's prime territory for an investor. Not only for investors, though, it's an excellent opportunity for the Indian....