Bitpay Receives $510,000 From Investors
BitPay has announced that it has secured a funding round of $510,000 from outside investors. The investors include Barry Silbert, founder of SecondMarket, a trading platform used by institutional investors to exchange shares in companies that have not gone public. Jimmy Furland, also of SecondMarket. Shakil Khan, founder of the online music service....
Related News
Bitcoin's largest payment processor, BitPay, has announced that they have received another round of funding from a group of angel investors. The investors include Trace Mayer, well known in the Bitcoin community for his reporting on economics and finance, as well as his privacy guide and ebook How to Vanish, Ben Davenport, co-founder of Beluga Inc and angel investor, and A-Grade Investments, a venture capital firm co-founded by Ashton Kutcher. This latest investment will bolster another round of funding made two months previously, in which private venture capital investors Barry Silbert,....
BitPay's point-of-sale app Bitcoin Checkout has been nominated for the Retail App of the Year award at the Contactless & Mobile Awards to be held in London this April. The revolutionary app improves the customer experience by allowing them to accept Bitcoin payments on a mobile device. Bitcoin Checkout utilizes the NFC (Near Field Technology) which allows its users to transfer the funds by just establishing a radio connection and tapping their phones. "We want to show the world that this combination of NFC and Bitcoin technology really is the most secure, frictionless solution out there,"....
BitPay Inc, one of Bitcoin's lead payment processing companies, has just announced that it has surpassed 10,000 merchants. BitPay now provides services to merchants in 164 countries with approximately 50% in North America, 25% in Europe, and 25% in the rest of the World. During the month of August, BitPay processed over 10,000 transactions reaching a total value of over $6.4 million. As Bitcoin is becoming more mainstream many merchants are looking for expedient ways to sell products for BTC and BitPay is on the radar. With a Year-to-date in 2013 of over $34 million worth of bitcoins, a....
Bitcoin payments service provider Bitpay has added support for Apple Pay. Holders of a Bitpay prepaid Mastercard in the U.S. can now add it to their Apple Pay app to make payments for goods and services. Bitpay says that Google Pay and Samsung Pay will also be added in the near future. Bitpay Cardholders Can Now Use Apple Pay Bitpay announced Friday its support for Apple Pay. U.S.-based Bitpay debit card users can now add their Bitpay card as a funding source inside their Apple Pay app. This will allow them to make online and in-store purchases with cryptocurrencies wherever Apple Pay is....
Global Bitcoin payment processor BitPay has notified users to of a newly discovered Trojan virus that is affecting some bitcoin purchases. Notably, the virus has not compromised any user wallets of payment systems. In an alert issued on Friday, bitcoin payment service provider BitPay has warned users to be on the lookout for a new virus. While there are no signs of a widespread infection, the “Coinbitclip” virus has affected some bitcoin purchases. The company’s support team received several reports of the virus affecting purchases of the cryptocurrency, on Windows systems specifically. As....