Circle Internet Financial Gets $17 Million Investment, Announces Products
Circle Internet Financial, the company which very few know details about, has reportedly received a $17 million investment in Series B funding. The cash comes from a number of investors that include Breyer Capital, Accel Partners, General Catalyst Partners, Pantera Capital, and Barry Silbert of SecondMarket. Other investors who participated in the round include Circle board member Michele Burns, Leonard Schrank of SWIFT (Society for Worldwide Interbank Financial Telecommunication), and Fenway Summer, a consumer finance advisory with Raj Date at the helm (who's also on the Circle board).....
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Bitcoin brokerage Circle Internet Financial is said to be raising as much as $40m in new funding. As reported by Fortune, Circle is raising the funds at a valuation of $200m, citing persons with knowledge of the negotiations. A representative for Circle declined to comment. The move, if confirmed, would represent Circle's largest funding effort to date. Circle raised $17m in a Series B round last year, following an earlier $9m in Series A funding from 2013. The funding would raise Circle's total investment to $66m. Circle
The Boston-based cryptocurrency finance firm Circle has announced the company has raised $440 million in financing in order to “drive market expansion and growth.” The investment was led by prominent finance firms like Digital Currency Group, Fidelity Management and Research Company, and FTX. Circle Reveals $440 Million in Financing Circle Internet Financial, Inc. has revealed the company has obtained $440 million in financing from a number of strategic investors. Leading investors in Circle include Atlas Merchant Capital, Digital Currency Group, FTX, Breyer Capital, Fidelity....
Circle China to start operations in the Chinese market after raising over $60 million in investments from a group of leading investment firms in the region. Circle, the blockchain based payments company, is now eyeing China. The US company, which had recently partnered with the United Kingdom-based banking major Barclays, today announced that it has raised over $60 million in funding as part of the strategic investment to create ‘Circle China’, its new regional identity. The investment round was led by Breyer Capital, with additional support from regional search engine giant Baidu, IDG....
Upon until now, Circle Internet Financial's products and services have been somewhat of a mystery. People in the crypto-currency community knew that the Massachusetts-based company had some big things going on, but it was all surrounded by a thick layer of fog. Until now, of course. Company CEO Jeremy Allaire took to Circle's official blog on Friday with some relatively interesting updates on what the company has been up to over the past year. He writes: What is Circle? We're an Internet-based consumer finance company. We believe that digital money platforms and associated consumer....
Circle Internet Financial, a Boston-based company led by Jeremy Allaire hoping to transform payment processing for bitcoin, just got a board member who already serves on boards of prominent companies. She is Michele Burns, and she is presently the CEO of human resources consulting company Mercer. Aside from that, Burns serves on the board of Goldman Sachs and Cisco. But that's not all. She's also on the board of the Elton John AIDS Foundation and formerly serves on Wal-Mart's board, so if there's someone with some familiarity of the tech and finance industries, it's Burns. Circle Internet....