Bitstamp Positions for Global Growth with Vogogo
Risk management and payment processing specialist Vogogo Inc. (“Vogogo”) (VGO) today announced the integration of its proprietary compliance, risk management and payment processing platform with leading Bitcoin exchange Bitstamp.
European-based Bitstamp is currently one of the largest Bitcoin exchanges in the world.
The Vogogo platform provides Bitstamp with risk management and payment processing services to support Bitstamp’s clients as they exchange between fiat currencies and Bitcoin. Vogogo is working with Bitstamp on several global initiatives and is now actively supporting Bitstamp’s expansion into the U.S. and Canadian markets, as well as enhancing the exchange’s European service offerings.
Vogogo CEO Geoff Gordon said of the announcement,
“Bitstamp is a world renowned crypto exchange and an industry leader. We are honoured to be working with the Bitstamp team and to play our part in enabling and accelerating their global growth. We will continue to provide safe and compliant access to global banking and payment networks allowing Bitstamp to focus on being the very best at their business and a continued leader in the crypto industry.”
BitStamp CEO Nejc Kodric said,
“We are thrilled to be working with Vogogo. They allow us to reach more customers while also giving all of our customers the ability to explore a revolutionary new technology in a safe and compliant manner.”
Vogogo is a TSX Venture Exchange (“TSXV”) publicly traded payment services company with integrated risk management and compliance. Founded in 2008, Vogogo designed, built and launched its web-based payment processing technology while growing its expertise in software development, payments, risk management, compliance and related financial services. Vogogo is now executing on its plan to serve global markets. The plan focuses on market opportunities where Vogogo believes it has a competitive advantage due to its positioning and technology.