GoCoin Gains Strategic Investment from GAW Miners for Software Development Push
Digital currency payments processor GoCoin has received a new strategic investment from US-based mining company GAW Miners. The move represents the latest investment for the Singapore-based service, which offers merchants payments options in bitcoin, as well as a number of digital currencies. GoCoin declined to disclose the amount, but called the investment "meaningful". GoCoin has received investments from a number of companies in the bitcoin space, including bitcoin mining giant BitFury and e-commerce platform Bitcoin Shop. According to GoCoin, the funds will be used to continue....
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BitFury Capital has announced an undisclosed strategic investment in digital currency merchant processor GoCoin. The move marks the third investment for BitFury Capital, the venture capital arm of bitcoin mining hardware and services provider BitFury. As part of the deal, BitFury indicated that it will seek to use GoCoin as the default processor for its global vendors. In an interview, GoCoin CEO Steve Beauregard framed the investment as one that would also add new business-to-business (B2B) clients to his company's existing customer base. Beauregard told CoinDesk: "The goal is to bring....
BitFury Capital, the investment arm of BitFury Group, announced today a strategic investment in digital currency payments processor GoCoin. GoCoin allows merchants to accept bitcoin and other digital currencies, and have that converted to local currency immediately. And as one of the leaders in the crypto-processing realm, GoCoin seems like it's a sure thing. As such, an investment here is no surprise. This is the third investment for BitFury Capital. The seed fund was established earlier this year with the intent to "support multiple players" in the fast-growing cryptocurrency industry.....
GoCoin has become the latest payment processor to be integrated into the Shopify e-commerce platform, joining Coinbase and BitPay in offering cryptocurrency payments options to merchants on the platform. Unlike Coinbase and BitPay, however, GoCoin will allow merchants to take payments not only in bitcoin, but also the altcoins dogecoin and litecoin. Eric Benz, GoCoin's business development advisor, said the deal has been months in the making, and was only completed because Shopify merchants like GAW Miners asked the e-commerce platform for altcoin payment options. Benz explained: "In the....
Global Singapore-based bitcoin payment processing startup and mobile wallet GoCoin has announced that the company is set to proceed with a strategic merger agreement with veteran e-commerce and credit card processing company Ziftr. Together, the two companies will offer a combined payment processing platform specifically targeted to merchants. GoCoin's decision to enter into a merger with Ziftr was greatly influenced by the continuous decline of their bitcoin platform's transaction volumes, GoCoin explained. "With a growing number of marquee brands consistently coming on our platform only....
International cryptocurrency payments platform GoCoin has announced a strategic merger with a cryptocurrency-based e-commerce company Ziftr. With this merger, both the companies will aim to increase mainstream acceptance of virtual currencies. CEO and Founder of GoCoin, Steve Beauregard said that Bitcoin is facing a major adoption problem. "Loyalty points play a key role in a consumer's choice of payment method, and with the ziftrCOIN loyalty platform integrated into the ziftrWALLET, I believe we can finally give consumers the right experience to choose digital currencies over cards at....