4 years ago
Bottlepay Secures $15 Million Seed Funding to Expand Global Payments App
Bottlepay, a UK-based global payments app, raised £11m ($15m) in seed funding from investors including British fund manager Alan Howard, venture capital firm FinTech Collective, and financial services firm NYDIG and tech entrepreneur Phil Doye
The company intends to use the funds to expand the team, develop the platform’s functionality and the geographical reach
Bottlepay provides a new platform that facilitates instant payments in conventional currencies and Bitcoin
Its payment system aims to give everyone access to an open payment network which allows people to send, spend and receive money anywhere in the world, in real-time.
ProblemFinancial Services
"users having limited access to instant payments and micropayments in conventional currencies and Bitcoin"
Solution
"providing a platform for instant payments in conventional currencies and Bitcoin, allowing users to send, spend, and receive money anywhere in the world, in real-time, including micropayments, enabling users to pay, donate, and tip with a single tweet, message, or social media post"