Coinify Raises Millions to Build Europe's Complete Bitcoin Solution
Coinify has announced an undisclosed venture funding round, as well as a string of strategic deals that aim to position it as the leading bitcoin services company for the European market. Based in Denmark, Coinify acquired a portfolio of services from established market players in May, purchasing established domestic bitcoin broker Bitcoin Nordic and the merchant services formerly offered by Bitcoin Internet Payment Systems (BIPS). Speaking to CoinDesk, Coinify CEO Hans Henrik Heming framed the new company as a natural pursuit for himself as an established entrepreneur and bitcoin....
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Coinify, a Denmark based Bitcoin payment processor has entered into a Payment Service Partnership agreement with PensoPay to provide secure, fraud-free payment settlements in fiat currency to its customers. With this partnership, Coinify has efficiently extended its distribution channel. The agreement, effective as of March 15, 2015 allows PensoPay to advertise and sell Coinify's solution along with their product. By including Coinify's Merchant Solution along with its POS and online payment gateway solutions, PensoPay can now offer its customer a seamless way to receive settlements in....
Danish-based bitcoin company, Coinify, has attracted a new FinTech investor, helping to increase its blockchain payment services in Europe. After joining a $4 million Series A funding round, Swedish banking investor, Skandinaviska Enskilda Banken, also known as SEB, now owns part of Coinify. According to a report, board members from SEB will also be joining the bitcoin company with SEB’s Stefan Olofsson becoming one of the board of directors and Filip Petersson as the deputy director. SEB also has a voting share of 5 to 9.99 percent in Coinify. Blockchain Payments. Claiming to be the....
Coinify, the Bitcoin payments solution company has raised investments from SEB, gets new directors on the board. Coinify, the Bitcoin company based out of Denmark has a new investor on board. The unusual investment is made by a major mainstream banking institution Skandinaviska Enskilda Banken, better known as SEB. The Swedish banking major now owns a part of Coinify, the Bitcoin-based payment solution company. The change in ownership pattern is available for verification on the Danish corporate database biq.dk. According to reports, the changes in the ownership also includes the addition....
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....
At the Money20/20 Europe Conference last week, Coinify announced a partnership with iSignthis which will enable users to purchase Bitcoin on the Coinify platform via major credit cards. Through directly tying a user’s identity to transactions, the move signals a strong and legally compliant synergy, one which will likely prove to be a fantastic case study for the industry. As the Coinify press release read, “In a world first, identity will be able to be linked by end users to transactions, in order to meet AML/CTF regulations for customer due diligence and KYC.” The move to accept credit....