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Cryptocurrency payment gateway initiates recovery using Bnk to the Future platform–
GeorgeTown, Cayman Islands- 6thDecember 2018
CoinPayments, a bitcoin cryptocurrency payment gateway and over 1,000 altcoins, today announced a $ 30 million Series A round off through Bnk to the Future's global online investment platform. CoinPayments is the only cryptocurrency processor to offer support for the payment of such a wide range of cryptographic currencies. This new loan will allow CoinPayments to further promote their vision of cryptocurrency and banking option, eliminating the expansion of the platform along with a range of new features.
"My vision is to help transfer the supply of global money from institutions run by private interests to anopen, predictable and transparent monetary systems."
– Alex Alexandrov – CEO, CoinPayments
Some of the current problems that arise in the use of cryptocurrency include the convenience, the risk of centralization, the purchase and conversion of cryptocurrencies and the possibility of finding appropriate companies that accept cryptocurrency payments. . CoinPayments will use the funding raised by this series A for:
- Expand and improve CoinPayments
platform and mobile app - Integrate the fiat settlements into
platform to allow companies to overcome price volatility - Decentralize the storage of private keys
create two independent but interoperable systems - Simplify the conversion of
cryptocurrency for users via a one-click instant conversion function - Create a decentralized global market
gather merchants and buyers to make cryptocurrency transactions
Founded in
In 2013, CoinPayments recorded an exponential growth year after year
having raised just over $ 250,000 in seed funding on Bnk to the Future
platform in 2015. CoinPayments was the first cryptocurrency payment
processor to support payments in Litecoin and Ethereum and could
capitalizes on this advantage of the first move to fuel its exponential growth. CoinPayments
Since then it has grown to support over 1,000 altcoins on their platform used by over
2.3 million businesses and users in 182 countries. In 2017 CoinPayments
processed over $ 930 million in volume of commercial transactions and over $ 1.3
billions of dollars in volume of consumer transactions.
More
information on the $ 30 million A Series fundraiser can be found on the BNK
to the future official list here: https://bnktothefuture.com/pitches/coinpayments-2
ON BNK TO THE FUTURE
Bnk al
The future is the largest global online investment community of professional investors
all investments in financial innovation and technology. Investors have access to
invest in the same caliber of the offers that invest investors FinTech Angel e
venture capitalists have access to. The TheBnk to the Future community really is
global, with active investors and entrepreneurs from 112 countries. Their team
manages all documentation, administration and payment for both investors and companies
fundraising through the platform.
ABOUT COINPAYMENTS
CoinPayments
it was founded in 2013 as the first altcoin payment processor and has since grown
support payments for bitcoins and over 1,000 altcoins for their user base
over 2.3 million accounts of companies and users in 182 countries. The easy to
use the platform offers precompiled plug-ins and integrations for all the main ones
e-commerce platforms, including Shopify, Woocommerce and Magento. With hosted
portfolios, conversion and fiat regulation functionality, CoinPayments leads the
way to promote the adoption of cryptocurrencies.
CoinPayments Inc. – George Town, Cayman Islands – www.CoinPayments.net – [email protected]
