Bitcoin Payroll Startup Bitwage Raises $760k
Bitcoin payroll startup Bitwage has wrapped up a period of fundraising, bringing in a total of $760,000 raised between a group of investors including Orange Telecom, Draper Associates and participants on the BnkToTheFuture.com investment platform. On Monday, Bitwage closed a $200,000 funding round on BnkToTheFuture.com, shares from which were initially purchased by Max Keiser's Bitcoin Capital fund. The bitcoin payroll startup has spent the past few months raising funds, a process that included participation from Cloud Money Ventures, the venture arm of Uphold, and Saeed Amidi, an investor....
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Bitwage is an international bitcoin payroll provider. The company offers a service that enables users to receive their wages in bitcoin. Bitwage is trying to introduce the future of international payroll. Companies using Bitwage can reduce payroll costs, and other benefits while being able to increase visibility into the payment process. Bitwage developed an app that simplifies the payroll process for people working abroad. The company allows employees to both receive a wage and pay for goods and services in Bitcoin. Through Bitwage, people no longer need to have a bank account to receive....
The cryptocurrency payroll service Bitwage announced on Monday that the company has partnered with the digital currency wallets Casa and Edge Wallet in order to “bring bitcoin payroll to mainstream audiences.” Now Edge Wallet and Casa users can connect to the Bitwage platform’s services via a deep link or QR code. Crypto Payroll Company Bitwage Partners With Casa and Edge Wallet Since John Lindsay and Jonathan Chester launched Bitwage in 2014, the company has offered bitcoin (BTC) and cryptocurrency wage payment services to people in countries all around the world.....
Today, we have an interview with the founder of Bitwage, a company that aims to pay workers with bitcoin that in turn pay bitwage through wire transfers. The instructions are fairly straight-forward. Bitwage will send you a bank number, you tell your employer to wire transfer your paycheck to said bank number and voila, bitwage will then pay you in bitcoins. What is Bitwage? “Bitwage is the largest bitcoin payroll provider in terms of users and volume. We make it incredibly easy for anyone to send and receive wages in bitcoin. We offer three main solutions, payroll individual, payroll....
Bitwage has announced the beta launch of a new service that allows employees and independent contractors to receive part of their paycheck in bitcoin, even if their employers don't offer the option. Called Bitcoin Payroll for the Individual, or BP(i), the launch from California-based startup follows a notable announcement from its competitor BitPay, which revealed that payroll service providers Zuman and Incoin had integrated its payroll API yesterday. In an interview with CoinDesk, chief strategic officer Jonathan Chester emphasized how the BP(i) product brings a new twist to existing....
Having been successful in the US and beyond, Bitwage Payroll for Individuals (BPI) is ripe for Europe. In their recent press release, Bitwage have announced the launch of the Bitwage Payroll for Individuals in Europe. The announcement reveals that this service will allow users to receive their wage in a variety of outputs including Euros, Gold, Silver, Bitcoin, 20+ other national currencies or even a Euro denominated debit card with as fast as same or next day payout speed. Jonathan Chester, President of Bitwage, says: “In 2015, the European Union had a higher GDP than the United States.....