CoinJar Bitcoin Exchange Gets $500,000 AUD Funding
Melbourne, Australia-based bitcoin exchange CoinJar has announced a successful round of venture capitalist funding, effectively raising $500,000 AUD (this is about $455,500 USD) from several prominent investors in the tech-sphere. Investors include Niki Scevak from Blackbird Ventures, Guy King and Bevan Clark (founders of coupon website RetailMeNot), Torsten Hoffman, and Chris Hitchen. The company will be using the funding in order to improve their services and make bitcoin easier for ordinary individuals to buy and sell the digital currency. "Bitcoin is a game-changer, but the process of....
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CoinJar has clarified that only the iOS version of its new app is available today. Anglo-Australian bitcoin exchange CoinJar has released a new mobile app, now called 'CoinJar Touch', saying new user-friendly features will speed up bitcoin payments and attract new users to digital currency. CoinJar's Samuel Tate said the new app is in response to user requests for transfer in and out of bitcoin on its exchange "on-the-go", and to manage their payments and contacts lists with greater ease. Users can send instantaneous payments to other CoinJar accounts by using Twitter-style user names....
Australian bitcoin exchange CoinJar has for a while had their wallet application up-for-grabs on Apple's iOS App Store. Interestingly so, because most of its competitors' apps with similar (if not the same) functionality had already been removed for violating Apple's money-transmitting policy. But not CoinJar, their resilient little app became the lone soldier on a battleground. But no longer, it appears. CoinJar today announced their application will be pulled from the iOS App Store by the end of this week. Apple reportedly gave CoinJar an ultimatum: remove the receive and transmitting....
Australian bitcoin exchange and payment processor CoinJar has announced it is relocating its headquarters to the UK as of today. The company's move has been rumored for some time, especially after the Australian Tax Office (ATO) announced in August that bitcoin trades involving Australia-based exchanges would be subject to the 10% Goods and Services Tax (GST). In a statement posted online, CoinJar described the move as "part of a global expansion that will will provide customers more freedom to buy, sell and use bitcoin as a global digital currency, adding: "Aside from catalysing CoinJar's....
Melbourne, Australia-based startup CoinJar announced it will receive "Australia's first major bitcoin investment", signing a deal with local venture capital firm Blackbird Ventures to the tune of A$500,000 (US$455,000). The money will come from a group of individual investors with years of technology and startup experience. CoinJar, founded in February 2013 by local entrepreneurs Asher Tan and Ryan Zhou, is a bitcoin buy/sell exchange and online wallet service with a clean and simple interface that allows customers to link certain bank accounts for direct transfers in and out of the....
Admittedly, yes, it is a slow news day. Let's get that out of the way. But potentially of interest to our readers from the land down under is Australian bitcoin company CoinJar's new invite-a-friend program. It's exactly as it sounds: any CoinJar users who gets a friend signed up and 'identified' (which we assume to be verified), CoinJar will pay out $5 to each of the parties involved. The way it works, according to today's CoinJar blog post, involves the already-joined user heading up to the 'Filler' section of the CoinJar site where they would ordinarily go to buy bitcoin. In the lower....