Bitcoin Newsroom Articles
The funding round includes prominent digital currency and blockchain industry investors Digital Currency Group and Draper Associates, along with other prominent tech angel investors. Notably, the funding round was led by Chinese venture firm Amphora capital alongside China 9fBank and Bafoo.com, two major payments companies in China.
The launch sees the blockchain payments platform operational in China and the United States whereas the funding round will help expand the platform to Europe and Latin America.
Michael Dunworth, co-
Current wire services are difficult, expensive and take too long. In a generation of instant gratification, we believe that money transfer should be too.
Wyre intends to add its blockchain solution as a layer on top of existing blockchain-
Wyre has been functional in private beta for nearly a year for payments between China and the US.
The Fintech firm’s obvious focus lays in the cross-
“It is estimated that the demand for cross-
The company currently processes over a million dollars in international payments
a day currently, and claims a near 25% month-