Coinify Gets Multi-Million Dollar Investment From SEED Capital, Announces Acquisitions
Danish digital currency startup Coinify has proudly announced today news that they have received a multi-million dollar investment from Denmark-based SEED Capital, an injection of cash that will ensure the company remains in a leading position in the digital currency industry in Europe. Coinify's services allow consumers to buy and sell bitcoin, and allows merchants to easily accept the digital currency with next-day settlements in euros, dollars, kroner, and other currencies. The platform touts ease of use, and allows said merchants to easily integrate bitcoin payment modules into popular....
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Danish company Coinify received a multi-million investment by SEED Capital, the largest early stage technology oriented venture fund in Denmark, and plans to become Europe's leading player in the digital currency market. According to their website, Coinify "makes it simple for anyone to become a part of the ever-growing Bitcoin ecosystem." They offer merchant accounts to accept Bitcoin payments and trading accounts to buy and sell Bitcoin (think of Bitpay and Bitstamp rolled into one). "With the investment and acquisitions, Coinify is now positioned to bring the empowering potential of....
Swedish banking giant SEB Group and a Danish venture capital firm have invested $4m in Coinify, a digital currency payment processor based in Copenhagen. The Series A round included support from SEB as well as SEED Capital, an early-stage venture firm based in Denmark and an existing investor in the bitcoin startup. Launched in 2014, Coinify supports payments in 15 digital currencies. The startup said it plans to use the new funding to expand its payment and trade services from Europe into Asia, according to a statement. David Sonnek, SEB’s head of venture capital, said of the new....
A bitcoin exchange named Coinify announced its plans to expand its operations to cover all 36 EU member states under the Single Euro Payments Area (SEPA). The goal of this SEPA project, which was launched in February 2014, is to improve the efficiency of cross-border payments and turn the fragmented national markets for euro payments into a single domestic one. With Coinify's expansion plans, the bitcoin exchange can use its services to make cross-border payments even cheaper as it offers 0% transaction fees. The latest round of investments from VCs could allow the company to achieve these....
Swedish banking giant SEB has joined a $4 million Series A funding round for Danish blockchain payment service provider (bPSP) Coinify. SEB is a leading Nordic financial services group with operations in Denmark, Finland, Norway and Germany. It offers financial advice and a wide range of other financial services. Its venture capital arm was joined in the round by Seed Capital Denmark, the largest venture capital fund in Denmark for the pre-seed and seed segment with $320 million under management. Perfect fit for bank’s portfolio. Head of SEB Venture Capital, David Sonnek, says they really....
Coinify, a Danish bitcoin exchange and bitcoin payment processing platform is expanding its platform to all 36 EU member states under the Single Euro Payments Area (SEPA) including Monaco, Malta, Iceland and Croatia. The SEPA project was initiated in February of 2014, with an aim to make cross-border Euro transfers equivalent to a domestic transfer in a country. Exact description of the project is "To improve the efficiency of cross-border payments and turn the fragmented national markets for euro payments into a single domestic one." Coinify plans to expand its services to the countries....