Bitwala Raises €800,000 for Bitcoin SEPA Transfers
Bitwala has raised €800,000 (about $910,000 at press time) to expand its online bitcoin payment service and grow its customer base and operations team. Investors in the round included High-Tech-Gründerfonds (HTGF), KfW Banking Group and Digital Currency Group. Deutsche Post DHL, Deutsche Telekom and RWE also participated in the round. In a blog post, the startup sought to downplay the significance of its new capital, choosing instead to emphasize its dedication to its service and customers. Bitwala’s Andrea Hesler wrote: "It is not only about the amount we raised, it is also about....
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Bitwala, a crypto-to-SEPA service that allows fiat currency transfers towards settlements from users who pay in cryptocurrency, now offers the least expensive way to use altcoins for international transfers, providing an economical option for the unbanked who wish to send money across borders, the company announced on its website. Users can make SWIFT or SEPA transfers using altcoins. Bitwala made the announcement following its recent partnership with the ShapeShift.io exchange, which makes it possible for users to transfer altcoins and bitcoins globally, CCN reported. The integration....
The Bitwala international transfers platform has been popular amongst European Bitcoin users because of its cost efficiency. Bitwala, a prominent European Bitcoin startup, has launched a feature which allows users of Ether, Dash, Litecoin, and Dogecoin to pay bills, top-up bitcoin debit cards, and make international USD and SEPA payments with altcoins. Over the past year, Bitwala has been focused in bringing solid infrastructure for Bitcoin users internationally by providing various methods of using and transferring digital currencies. The Bitwala international transfers platform has been....
Bitwala, the service that lets EU citizens pay their bills in bitcoin — as well as offering a bitcoin debit card — has recently announced its new Bitwala Bitcoin Wallet service. This new wallet integrates both of their existing services into the same platform, reportedly making the whole process of paying bills and topping up a debit card with bitcoin a lot smoother and easier. Bitwala: Pay Everyday Bills with Bitcoin. Bitwala is a service that lets its users pay everyday bills in bitcoin, including but not limited to utility bills, phone bills, and mortgage payments. The user sends the....
Bitwala, a crypto-to-SEPA service that allows fiat currency transfers towards settlements from users who pay in bitcoin, ether and other crypto, has teamed with ShapeShift.io to allow customers to make payments, transfer funds and top up their debit cards using altcoins in addition to bitcoin. Customers will be able to send funds globally by paying the altcoin equivalent of the payment or transfer. The exchange incurs a 0.5% fee, which Bitwala considers the lowest fee available at present. The integration supports numerous altcoins, including Ether, Litecoin, and Dash. ShapeShift: Global....
Bitwala has announced that it will begin process all Euro transfers via payment processor BitPay and with it - provide the best exchange rate in the market. Netherlands-based Bitwala, a crypto-to-SEPA service that uses its own bank account to make fiat-currency transfers to settle payments for its users who pay in bitcoin; has claimed to provide the best exchange rate for all Euro transfers. In a blog post, Jörg von Minckwitz, CEO of Bitwala said: We are now proud to announce that we have made one of our biggest steps since we were founded this past March. From today on, all Euro transfers....