The startup is hoping to bring bitcoin purchasing into the mainstream by adding credit card payment options.
Israeli bitcoin payment company Simplex has closed a $7 million Series A financing round with the participation of angel investors and companies in the bitcoin ecosystem, such as Bitmain and Cumberland.
Founded by serial entrepreneur CEO Nimrod Lehavi and two PayPal veterans, Erez Shapira and Netanel Kabala, the company has raised $8.4 million to date, including the most recent financing round. Simplex says it has already processed over $3.5 million in transactions since going live in beta a year ago and now plans a full launch.
http://www.globes.co.il/en/article-israeli-bitcoin-payment-co-simplex-raises-7m-1001101223
