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Author Topic: I'm Andrew Lee, CEO of Purse.io, AMA! (at Bitcoin.com)  (Read 339 times)
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November 10, 2015, 04:35:51 PM
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Quote from: Andrew Lee
I am a payments geek and a FinTech entrepreneur. When I first learned about Bitcoin in 2011, I thought it was interesting so I bought some and promptly forgot about it. My first company was a credit card processor that was acquired by Sage Payments. I joined Bank of America Merrill Lynch in 2012 to cover emerging payments, and our group evaluated many new payments technologies including Apple Pay.

In 2014, Kent and I started Purse out of a coffee shop in SF. We didn’t initially set out to create a company. We shared a common frustration that Bitcoin didn’t offer any incentive for normal people to use it, and we had a hunch that we could use blockchain escrows to liquidate Amazon gift cards and deliver great deals. Our hunch proved to be correct - we transacted over $4.5M and saved users almost a million dollars.

Today, I’m excited to announce the expansion our marketplace with Purse Merchants! Businesses will be able to sell directly on Purse, the world’s largest consumer marketplace for Bitcoin. Trezor, Ledger, KangerTech, among others, will go live on our site this week.

Ask him anything at: https://forum.bitcoin.com/ama-ask-me-anything/i-m-andrew-lee-co-founder-ceo-of-purse-ama-t2327.html

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November 11, 2015, 04:37:28 AM
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Purse.io is actually one of the most interesting and innovative companies in the space.  They just released their merchant platform, where you can sell your items for bitcoin using their trusted escrow.

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November 11, 2015, 04:45:18 AM
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Cool.  The more the merrier.  Good luck.

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