Luxembourg Startup CoinPlus Closes Seed Funding Round
CoinPlus has successfully closed a first round of investment, which saw the firm add €172,500 to its coffers. The Luxembourg-based bitcoin startup reports the seed funding will allow it to speed up the operational and technical development of its impending product and add new members its team. Though not yet launched, CoinPlus is developing a multi-support payment processor and a currency exchange platform. Regulatory framework attracts bitcoin businesses. The startup was incorporated last July, following a ruling by the Luxembourg financial regulator, which found that bitcoin could be....
Related News
Luxembourg-based Bitcoin startup CoinPlus raises €172,500 in a first round of funding, and waits to meet with Luxembourg's financial regulator at the end of September. In a press release, CoinPlus CEO Christian Bodt, said there was still a long way to go, but remains optimistic. He added that an additional funding round was planned to occur before the end of the year. "The choice of Luxembourg was [obvious]. The country offers high-standard technical and administrative infrastructures, service providers at the cutting edge of technology, proximity with relevant authorities, as well as....
After raising $1.65 million via a pre-seed extension, Bitmama, a Nigeria-based blockchain startup, has now closed its pre-seed funding round at $2 million, a report has said. Leading the funding round were two Africa-focused venture capital firms: Unicorn Growth Capital and Launch Africa.
New Funding to Help Bitmama Scale Up Crypto Use Cases in Africa
A Nigeria-based blockchain startup, Bitmama, recently closed its pre-seed funding round at $2 million after it added $1.65 million to the $350,000 that was raised in October last year. According to a Techcrunch report, the funding....
Erthas’ metaverse, built on Binance smart chain, has just concluded a seed funding round. The project has garnered interest from the venture capitals and ended with an oversubscribed seed round which was considered an excellent achievement for the projects’ fundamentals. Ertha has collected funding from 4 venture capitalists. Investors backed the project seed funding round: […]
Netherlands-based Bitwala, a crypto-to-SEPA service that enables fiat-currency transfers toward settlements from users who pay in bitcoin has announced the closure of its first seed funding round, raising €800k in the process. Bitcoin startup Bitwala, a Bitcoin services provider that uses its own bank account to provide fiat-currency transfers to settle payments for users who pay in bitcoin has announced the closure of its initial funding round. The funding round, closed in March and revealed today, notes that this is the very first funding round for a startup that began in 2012. Prominent....
A Congo-based Web3 app developer, Jambo, recently said it raised $7.5 million in a seed funding round. According to a report, the startup’s successful seed round is the latest by an Africa-based firm that is working towards developing Web3. Startup’s Partnership With Social Media Companies Jambo, the Congo-based developer of a Web3 app, has raised $7.5 million in seed funding, a report has said. Parties that participated in the funding include Coinbase Ventures, Three Arrows Capital, Alameda Research, Tiger Global, Delphi Ventures, Alliance DAO, Defiance Capital, Yield Guild....