Bitcoin Startup Paymium Raised €1 Million in Seed Funding
French bitcoin startup Paymium has been able to raise €1 million in seed funding, which garnered contributions from French venture capital firms Newfund and Kima Ventures. It also drew financial support from Galitt, a payments consultancy and services firm, and a few angel investors. Paymium acts as a bitcoin exchange for buyers and sellers of the cryptocurrency. It also has services for facilitating merchant acceptance for bitcoin payments. Bitcoin Startup Expansion. The new funds will go to the expansion of the company in Europe, as well as research and development efforts. Paymium is....
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Bitcoin payments services startup Paymium has raised €1m in new seed funding from investors including Newfund and Kima Ventures. Founded in 2011, Paris-based Paymium, while not a marquee name in its sector, has so far garnered notable partnerships with online fashion retailer Showroomprive – then the largest merchant in Europe – and point-of-sale solution provider Ingenico. Despite the success in its home market, however, Paymium president and co-founder Pierre Noizat suggested the funding round was perhaps lower than it would have been if the company had been focused on the US market.....
An African startup, Nestcoin, said it raised $6.45 million in a pre-seed funding round in which tennis’ star, Serena Williams’ Serena Ventures took part. The startup, which was launched in November 2021, plans to use the capital raised to educate, build and invest in web 3.0 applications.
Facilitating Crypto Adoption
Nestcoin, a Nigerian startup that plans to operate and invest in Web3 applications, recently announced it had raised $6.45 million in pre-seed. Leading the funding round were venture capital firms, Distributed Global and Alter Global.
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A Congo-based Web3 app developer, Jambo, recently said it raised $7.5 million in a seed funding round. According to a report, the startup’s successful seed round is the latest by an Africa-based firm that is working towards developing Web3. Startup’s Partnership With Social Media Companies Jambo, the Congo-based developer of a Web3 app, has raised $7.5 million in seed funding, a report has said. Parties that participated in the funding include Coinbase Ventures, Three Arrows Capital, Alameda Research, Tiger Global, Delphi Ventures, Alliance DAO, Defiance Capital, Yield Guild....
It is raining investments in the digital currency sector. A number of companies have raised millions of dollars in funding in recent days. Case Wallet Inc. also known as CryptoLabs has recently raised another tranche of seed investment of about $750,000 towards its bitcoin wallet business. Case Wallet Inc. is the manufacturer of Case secure hardware bitcoin wallets. The New York based startup has so far raised seed investment of about $2.25 million, including the earlier $1.5 million raised in June 2015. With the latest tranche of investment, the seed investment round stands closed. READ....
After raising $1.65 million via a pre-seed extension, Bitmama, a Nigeria-based blockchain startup, has now closed its pre-seed funding round at $2 million, a report has said. Leading the funding round were two Africa-focused venture capital firms: Unicorn Growth Capital and Launch Africa.
New Funding to Help Bitmama Scale Up Crypto Use Cases in Africa
A Nigeria-based blockchain startup, Bitmama, recently closed its pre-seed funding round at $2 million after it added $1.65 million to the $350,000 that was raised in October last year. According to a Techcrunch report, the funding....