Vogogo to Get Even Better with Extra $12.5 Mil
The Canada and United States based start-up catering to the cryptocurrency industry has recently closed a $12.5 million fundraising round. According to Vogogo, the company has closed the latest round of investments from a group of financial firms co-led by Salman Partners Inc., Clarus Securities Inc. and Beacon Securities Limited. Vogogo is one of the leading companies that offer specialized payment and risk management products based on its proprietary technology to cryptocurrency and traditional businesses alike. The company has a strong team comprising of some of the best risk....
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On August 26, 2015, we got word of Vogogo Inc's (VGO. V) second-quarter financials. As part of the report, and in addition to its financials, the company announced a number of operational highlights. Here's a snapshot of what we learnt. First, for those not familiar with Vogogo, let's have a quick look at what the company does. Vogogo primarily offers payment processing services and risk management tools in the digital payment space. The company aims to be the dominant payment services provider in the crypto currency space going forward. Clients include BitPay, ChangeTip and Genesis Global....
Today, Vogogo announced a signed contract between BitMEX, a bitcoin mercantile exchange for professional investors, and QuadrigaCX, a leading Canadian Bitcoin exchange. It's expected that both exchanges will integrate with Vogogo's payment processing and risk management platform enabling each to offer users transactions between Bitcoin and fiat currencies in the US and Canada, with the EU expected in Q1, 2015. Vogogo is a TSX Venture Exchange payment services company with integrated risk management and compliance. "Integrating cutting edge Crypto exchanges such as QuadrigaCX and BitMEX is....
Payment Processor Vogogo has announced a partnership with Knox payments that will allow US clients in the digital currency industry to accept payments from US bank accounts and have access to better commercial banking. The agreement between Vogogo and Knox Payments will combine Vogogo's Calgary-based regulatory and risk compliance specialist to Knox Payment's USD and domestic banking networks. This new partnership will give Vogogo the ability to significantly expand the services they offer within the US while creating a nurturing banking environment for digital currency companies. Also....
In a bid to become compliant in jurisdictions around the world, Bitstamp has partnered with Vogogo to expand into the US and Canadian markets. The UK-based exchange which handles almost all the Bitcoin trades globally will benefit from this partnership because Vogogo already operates in the US and Canadian markets. Vogogo will be facilitating the movement of fiat currencies into the exchange in jurisdictions where Bitstamp is presently unable to operate. Geoff Gordon, CEO of Vogogo, said: Bitstamp is a world renowned crypto exchange and an industry leader. We are honoured to be working....
Vogogo is setting their sights on the European bitcoin market and all the untapped merchants it has to offer. By setting up a strategic business partnership with eMerchantPay, cryptocurrency merchants based in Europe can accept credit and debit card transactions from any customer in the world, as long as they utilize Vogogo and eMerchantPay. According to an official statement, the integration between eMerchantPay and Vogogo is well advanced, with Vogogo expecting a beta launch of their card processing later this month. Vogogo and eMerchantPay Share Excitement for New Ventures. Vogogo CEO....