BitPay Integrates with DriveWealth to Attract Millenial Investors
BitPay. BitPay, the world's largest payment processor, announced this past Thursday that they had opted to integrate with DriveWealth, a mobile investment platform that is available around the world. With the inking of this deal, DriveWealth becomes the first financial services company to allow users to fund their accounts using bitcoin. Bitcoin's borderless and growing international appeal will make it easier for DriveWealth's customers around the world to be able to fund their accounts. DriveWealth's Bitcoin integration promises to become the fastest way of funding accounts when compared....
Related News
Mobile payment platform DriveWealth has partnered with leading bitcoin payment processor BitPay to bring its customers the ability to fund their accounts with bitcoin. As the first financial services organization to accept the popular digital currency, DriveWealth has raised over $8 million in funding from high-end investors which it has used to expand globally, and through its newfound association with BitPay, the company is aiming to give its members greater control over their accounts and shove bitcoin further into the trading arena as a potential funding method. The move is also a....
DriveWealth aims to be a crypto liquidity provider to compete with Coinbase while giving its partners’ retail clients the ability to trade crypto on their platforms. Stock brokerage firm DriveWealth has entered the cryptocurrency industry by launching two subsidiaries designed to allow its partners to offer crypto trading to retail investors. DriveWealth is a New Jersey-based company backed by Japanese tech giant Softbank and is valued at $2.85 billion. The push into the crypto space was motivated by traders who are forced to trade across what DriveWealth CEO Bob Cortright told CNBC is an....
BitPay has announced that it has secured a funding round of $510,000 from outside investors. The investors include Barry Silbert, founder of SecondMarket, a trading platform used by institutional investors to exchange shares in companies that have not gone public. Jimmy Furland, also of SecondMarket. Shakil Khan, founder of the online music service Spotify; and the Bitcoin community's own Roger Ver, responsible for Memory Dealers and the Bitcoin Store, as well as others in the technology sector. BitPay is Bitcoin's leading payment processor, providing merchants with ready-made software....
Comments added from Alberto Vega, BitPay's Regional Manager for Latin America. Latin American e-tailer Famsa is now accepting bitcoin for online purchases. The chain, founded in 1970, sells a variety of consumer goods and electronics across Mexico and the US. It is processing transactions via Atlanta firm BitPay. The news follows last month's announcement from MercadoLibre - the 'eBay of Latin America' - that it would integrate bitcoin, and a deal between Mexico's BitPagos and Entrepids to allow e-commerce stores to accept the currency. Alberto Vega, BitPay's regional manager for Latin....
CoinPayments, the payment processor, plans to create their own tokens to attract more investors for creating the first wallet for all cryptocurrencies in the world. Chief Marketing Officer of CoinPayments, Ward Stirrat, told CoinTelegraph that the token will probably be released in the second quarter of 2016. He didn’t reveal the name of their future token, saying they “haven’t settled on that yet because there are other issues they need to solve first”. Nevertheless, they are looking forward to the new token as they realize tokens and coins are developing rapidly in the Bitcoin industry.....