Coinify Acquires Its Rival Coinzone
Coinify works to spread the use of digital currencies. The company enables anyone to buy Bitcoin as an investment, or to buy or sell items and services from a rapidly growing list of stores worldwide. With experience in working with digital currencies since 2010, the Coinify team has a strong background with decades of experience in software, e-commerce, and compliance. The Denmark-based Company recently acquired its rival Dutch processor Coinzone in a bid to create a pan-European provider of bitcoin-to-fiat payment processing for online merchants and PSPs. The deal adds 2000 merchants to....
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Coinify has acquired competing Europe-based payments processor Coinzone as part of an undisclosed deal announced today. With the move, the Denmark-based company has expanded its merchant base to an estimated 10,000 actively monthly customers, up from 8,000 before the acquisition. Further, it has grown its employee base to 17, with the addition of Coinzone's sales staff. Coinify CFO Christian Visti Larsen indicated that the purchase comes as his firm is seeking to shift its focus from acquiring individual merchants to payment service providers (PSPs). He explained Coinify is seeking to....
Bitcoin payments processor Coinify has been able to acquire is competition Coinzone, allowing it to expand its reach to the European market. Coinify is based in Denmark and has roughly 8,000 customers prior to the deal, which could bump it up to at least 10,000. According to Coinify CFO Visti Larsen, he purchase comes as his firm is seeking to shift its focus from acquiring individual merchants to payment service providers (PSPs). He shared that Coinfiy plans to replicate a model invoked by its US peer Bitnet by partnering with larger entities that provide bitcoin payments processing....
Coinzone is one of the leading European Bitcoin payment processors today announced the launch of its merchant payment services in Poland. Requiring no subscriptions or monthly fees, Coinzone's fully compliant payment services will simplify the process of using and accepting Bitcoin for Polish businesses. Manuel Heilmann, CEO and Co-Founder of Coinzone commented: "Coinzone's payment gateway offers multiple advantages for merchants. Quick and easy to use and requiring no special hardware, our solutions offer a simple and secure way to accept Bitcoin with no associated risk. What's more,....
Coinzone, a Europe-based bitcoin payment solution provider, will soon launch a new bitcoin wallet that will support European currencies. Coinzone has developed the wallet to address privacy and legal frameworks in operation across Europe. It will feature multi-layer verifications. The wallet will launch this summer. Coinzone launched its merchant payment gateway and point-of-sale platform in December of 2014 and has already signed up 1,500 merchants, according to the company.
California-based bitcoin merchant payment gateway and point-of-sale (POS) solution provider Coinzone launched its private beta earlier this week, completing an early and necessary step as it looks to refine its product ahead of its forthcoming launch. With the news, Coinzone is entering an already burgeoning sector of the digital currency market - one featuring major players such as BitPay, Coinbase and GoCoin. However, Coinzone is optimistic that it can find a competitive advantage in Europe and developing markets, areas that it says are just starting to become a focal point for its....