Poland's InPay Lets Crowdfunders Buy Equity With Bitcoin
Poland-based bitcoin payment solutions provider InPay S. A. has launched an equity crowdfunding campaign that makes it possible to buy company stock with bitcoin. The company claims to have secured the approval of Poland's Financial Supervision Authority (KNF), the country's equivalent of the US Securities and Exchange Commission (SEC), which makes it a unique project in the Polish digital currency industry, according to company representatives. The initiative was launched on Poland-based equity crowdfunding site Beesfund.com, where potential investors can acquire InPay stock with bitcoin,....
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Shares of the Polish company inPay S. A. are available for purchase in public offering using the digital currency Bitcoin. The sale has launched on the Polish equity crowdfunding site Beesfund.com. With the public offer of the company's shares, the inPay team want to acquire financing for the quick development of the InPay system in Poland and Europe. InPay S. A. is selling 5,000 company shares, i.e. 5% of the total share capital, priced at 40 PLN each (about US $13). Arkadiusz Regiec, president of Beesfund S. A., said: "For crowdfunding platforms like Beesfund, Bitcoin seems to be the....
T-Mobile Poland announced in late February that they would start offering a 20% discount for mobile top-up credits paid with bitcoin. The announcement is part of a three month partnership with Warsaw-based bitcoin payment processor, InPay. T-Mobile Poland is the first business of the large telecommunication company to test bitcoin payments. An InPay spokesperson said T-Mobile Poland’s motivation for the partnership with the bitcoin payment processor, was the mobile operator’s recent initiative to explore new services and business models. Operating since 1996, T-Mobile Poland has become one....
T-Mobile Poland customers can now purchase prepaid cellphone credit with bitcoin. The new service, which comes about via a partnership with local bitcoin payment processor InPay S. A., is being rolled out as a three-month trial that aims to see how popular bitcoin payments will be with prepaid telephone users. A spokesperson from T-Mobile Poland told CoinDesk: "Our team is constantly looking for new opportunities, partnerships and cooperations with startups bringing great ideas. One of the reasons behind this initiative was to test how quick and comfortable the top-up process could be.....
A Polish company, InPay S. A., is the first in the world whose shares are available for purchase in public offering using the digital currency Bitcoin. The sale has just launched on the equity crowdfunding site Beesfund.com. Equity crowdfunding is simply raising capital thanks to the online community. Unlike the reward-based crowdfunding, made popular by sites such as Kickstarter, Indiegogo or RocketHub, in equity crowdfunding people who are involved in financing the company receive personal shares. Examples of sites which enable this type of capital acquisition include the American....
Polish payment process InPay made headlines last week, announcing it will allow investors to secure company shares using Bitcoin. The Warsaw-based firm is using crowdfunding service Beesfund in a first-of-its-kind initiative in the country, and indeed for the Bitcoin industry itself. Given the constantly shifting regulatory environment, such an idea is not without its dangers. An attempt by Dutch entrepreneur Eric Voorhees earlier this year gained much publicity when it culminated in Voorhees being required to pay tens of thousands of dollars in fines after failing to secure the necessary....