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Author Topic: Circle Internet Financial - The startup to look out for?  (Read 963 times)
mooncake (OP)
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April 20, 2014, 10:21:06 AM
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Circle Internet Financial has attracted a massive amount of seed funding. I have visited their website but their products and services are unclear. What do they do actually?
Gervais
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April 20, 2014, 11:09:24 AM
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No idea. Why are they a start up to lookout for?
MUFC
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April 20, 2014, 11:23:25 AM
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Looks a bit suspicious.

mooncake (OP)
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April 20, 2014, 11:46:33 AM
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Google it.  Grin
Gervais
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April 20, 2014, 12:00:42 PM
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Google it.  Grin

Why? You said yourself it was unclear.
mooncake (OP)
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April 20, 2014, 12:11:27 PM
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Google it.  Grin

Why? You said yourself it was unclear.

At least understand why it is unclear.
Holm
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April 20, 2014, 12:29:57 PM
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still haven`t the answer
Rampton
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April 20, 2014, 12:38:49 PM
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still haven`t the answer

The answer to what?

mooncake (OP)
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April 20, 2014, 12:40:34 PM
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still haven`t the answer

If you have been following the news, you should have heard of Bitstamp (Bitcoin exchange), Lamassu (Bitcoin ATM manufacturer) and BitPay (BTC to fiat payment processor). You should have also heard of Circle. The news said that Circle had attracted more than $20M USD funding. Comparatively, Coinbase took in much less. Still in the millions but not in the order of $20M. Now, why is Circle attracting so much money when it is not clear publicly what services they are providing?
BitCoinDream
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April 20, 2014, 02:15:23 PM
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Google it.  Grin

Googled it ...dont understand what their website is !!!

Dogtanian
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April 20, 2014, 02:43:10 PM
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still haven`t the answer

If you have been following the news, you should have heard of Bitstamp (Bitcoin exchange), Lamassu (Bitcoin ATM manufacturer) and BitPay (BTC to fiat payment processor). You should have also heard of Circle. The news said that Circle had attracted more than $20M USD funding. Comparatively, Coinbase took in much less. Still in the millions but not in the order of $20M. Now, why is Circle attracting so much money when it is not clear publicly what services they are providing?

What does Circle have to do with Coinbase Lamassu  and Bitpay?
Chemistry1988
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April 20, 2014, 04:06:07 PM
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Google it.  Grin

Googled it ...dont understand what their website is !!!

Is OP talking about this one http://www.circle.com/ ?
LiteCoinGuy
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April 20, 2014, 05:00:04 PM
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stupid people dont even know how to google i guess  Lips sealed

mooncake (OP)
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April 21, 2014, 06:49:59 AM
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Is OP talking about this one http://www.circle.com/ ?

Yes!
Light
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April 21, 2014, 06:58:40 AM
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Circle Internet Financial has attracted a massive amount of seed funding. I have visited their website but their products and services are unclear. What do they do actually?

I looked and found absolutely nothing about them. I wouldn't be too concerned about them, it's not hard to pretend you have funding and if they aren't giving you a clear outline of what their business does you should stay away.
lapah
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April 21, 2014, 07:04:57 AM
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Circle Internet Financial has attracted a massive amount of seed funding. I have visited their website but their products and services are unclear. What do they do actually?

I looked and found absolutely nothing about them. I wouldn't be too concerned about them, it's not hard to pretend you have funding and if they aren't giving you a clear outline of what their business does you should stay away.


My thoughts are similar. I never heard of them, is there other venture backed stuff besides coinbase?
mooncake (OP)
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April 21, 2014, 07:20:33 AM
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Circle Internet Financial has attracted a massive amount of seed funding. I have visited their website but their products and services are unclear. What do they do actually?

I looked and found absolutely nothing about them. I wouldn't be too concerned about them, it's not hard to pretend you have funding and if they aren't giving you a clear outline of what their business does you should stay away.

Take a look at their blog. There is more info there. Apparently, their business is similar to credit card companies. I do not know the details but they mentioned things like lowering the transaction cost for merchants to 0. And take a look at their board of directors - all the big names! Watch out for BTC price when they announce their services!
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