ZipZap Expands Throughout 34 Countries in Europe
Global transaction network ZipZap is going big. The company, which allows customers to buy bitcoin through scores of retail locations in places like the United Kingdom, has announced a major expansion. The company said on Wednesday that their service is now available in a whopping 34 countries throughout Europe, allowing consumers to use their local fiat to purchase bitcoin and a slew of other digital currencies. As a step to getting here, ZipZap said they have formed strategic partnerships across the European Union, which will surely benefit enthusiasts of digital currency. "ZipZap has a....
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Transaction network ZipZap has announced that consumers across 34 European countries will soon have access to its cash-to-bitcoin services. The company says consumers will be able to use its platform to purchase digital currency, pay bills for their relatives in other countries, alongside a host of other services. ZipZap offers free sign up, free wallet and free deposit services. The expansion comes just months after the company announced plans to enter the Latin American market. CEO Alan Safahispoke to CoinDesk back in April to explain his vision for the future of innovative payment....
Firstly, what’s ZipZap? ZipZap is a payment network through which people can buy bitcoins with cash and some other payment methods. Personally, any way to spread bitcoin to more people is great in every way, and more so when you give them easier ways to access bitcoin. From the website, it says that the team behind ZipZap expects digital currency to reduce poverty, create jobs, improve healthcare, and a couple more. I was able to arrange an interview with Alan Safahi, CEO at ZipZap, in which he answered a few short questions:
Financial services company ZipZap has apparently raised $1.1 million worth of funding that will partially be used to grow the company's cash-to-bitcoin service into an even bigger product, CoinDesk reports. The funding was apparently closed back in June, with Brock Pierce; s AngelList syndicate and Blumberg Capital taking part in the investment round. Wells Fargo investment advisory representative Jim Griffin will be joining the company as the senior vice president of currency and foreign exchange. This investment brings the total amount of capital raised by the company to an impressive....
ZipZap first started out as a network for consumers to make payments with convenience. Now ZipZap has announced that they have raised a $1,000,000, with the main focus of strengthening their network for digital currencies. If you would like to know more about this, Marco did a quick write up of the topic, read it here. ZipZap was born from an idea to provide a cash payment option for consumers that wished to make internet purchases and did not have a bank relationship. This idea, in time, morphed into a global service and expanded to other forms of payment. ZipZap is a global payment....
An official from financial services company ZipZap this past weekend noted at the Bitcoin Expo London that commencing in early 2014, they would be adding thousands of cash-to-bitcoin locations starting in January 2014. What that means is that consumers can go to about 25,000 different general stores in the United Kingdom and 240,000 stores in Russia and exchange fiat currency for bitcoin. This, of course, is only applicable to stores that do currency exchange and lottery tickets that are already connected and using ZipZap services. It should be noted that there are other countries in which....