Interesting to see continuous start-ups building on Bitcoin. London based micropayments startup SatoshiPay has raised €640k in new venture funding led by Blue Star Capital. SatoshiPay develops content monetization tools for processing tiny transactions denominated in bitcoin.
Bitcoin micropayments startup SatoshiPay has secured nearly $700k in new capital as part of a broader fundraising effort. Blue Star Capital announced this week that it was investing €640k (roughly $684k) in the startup. SatoshiPay develops content monetization tools for processing tiny transactions denominated in bitcoin. According to statements from Blue Star, SatoshiPay is in the midst of completing a €1m funding round that, if successful, will value the startup at a reported €6m. The startup later said it expects to close the round this week. The funding comes more than a year after the firm raised €160k, and months after it unveiled a new micropayments project with Visa Europe that connected the card issuer’s infrastructure with a SatoshiPay wallet.