Bitcoin Services Startup Vogogo to Close Payment Processing Services

Bitcoin Services Startup Vogogo to Close Payment Processing Services

Vogogo Inc., an Alberta, Canada-based company that provided payment processing and transaction risk services, announced in a press release it will close its payment processing operation and sell off assets after struggling to find ways to enhance shareholder value. The company developed software for multiple electronic payments, including peer-to-peer and online banking systems, pre-authorized debit, card payments and direct deposit. Vogogo provided know-your-customer and anti-money-laundering services for firms transacting in bitcoin and in general. The company, whose clients included....


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