SatoshiPay Raises €360,000 in Just-Closed Seed Round
SatoshiPay has just announced the closing of its seed round, which values the company at €1.6 million. Here's what you need to know. On January 25, 2015, Coinsilium announced an increased shareholding in bitcoin nanopayment processor SatoshiPay. The investment marks the closing of a seed round that brought in €360,000 worth of capital for SatoshiPay – capital that will fund the development of the platform’s public beta (reportedly, just around the corner). In light of the latest development, let’s have a look at the capital raise and what it means for SatoshiPay. First, let’s talk about....
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Bitcoin micropayments startup SatoshiPay has secured nearly $700k in new capital as part of a broader fundraising effort. Blue Star Capital announced this week that it was investing €640k (roughly $684k) in the startup. SatoshiPay develops content monetization tools for processing tiny transactions denominated in bitcoin. According to statements from Blue Star, SatoshiPay is in the midst of completing a €1m funding round that, if successful, will value the startup at a reported €6m. The startup later said it expects to close the round this week. The funding comes more than a year after the....
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