Bitcoin Forum
November 21, 2017, 02:23:26 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: [2016-04-08] Social payments firm Circle raises $76m for European expansion  (Read 132 times)
Scream
Sr. Member
****
Offline Offline

Activity: 448


U will never know the true answer, before you try


View Profile
April 08, 2016, 01:27:32 AM
 #1

 Dublin-based Circle, a former Bitcoin start-up that has shifted its focus towards social payments, is expecting to significantly increase staff numbers locally as it expands into Europe.

The digital currency firm, which has secured $76 million in venture capital from backers that include Goldman Sachs, Accel Partners and Pantera Capital, this week announced it was entering the UK market through a new partnership with Barclays.

The move comes after Circle last month became the first virtual currency company to receive an e-money licence from the Financial Conduct Authority (FCA) in Britain, enabling consumers to easily make domestic and cross-border payments between US dollars and UK pounds (or vice versa), using blockchain, the technology that underpins Bitcoin.


http://www.irishtimes.com/business/technology/social-payments-firm-circle-raises-76m-for-european-expansion-1.2602477
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!