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08 Jan '13, 4pm

Bitcoin Merchant Processor Raises Seed Capital: A group of angel investors including SecondMarket founder Barry

Bitcoin Merchant Processor Raises Seed Capital: A group of angel investors including SecondMarket founder Barry

A group of angel investors including SecondMarket founder Barry Silbert has invested $510,000 in BitPay, a firm that processes payments for merchants in the digital currency Bitcoin. BitPay says it plans to use the new capital to move its headquarters to Atlanta from Orlando and to hire up to five new employees. BitPay was self-funded during its startup phase and currently has two full-time employees, founders Anthony Gallippi and Stephen Pair. Founded in 2011, BitPay lets businesses accept payments using Bitcoin, a decentralized, unregulated online currency that is an increasingly popular — and controversial — means of doing business online. BitPay says its transaction volume has grown rapidly since its founding, with over $3 million processed in 2012. The pace picked up after it signed WordPress , the blog publishing platform, as a customer. "WordPress lit a fire, and we...

Full article: http://www.paymentssource.com/news/bitcoin-merchant-proce...

Tweets

#Bitcoin Merchant Processor Raises Seed Capital @rogerkver makes his investment entirely in BTC

#Bitcoin Merchant Processor Raises Seed Capital...

americanbanker.com 07 Jan '13, 11pm

A group of angel investors including SecondMarket founder Barry Silbert has invested $510,000 in BitPay, a firm that proce...

Largest Bitcoin Payment Processor Raises $510,0...

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pehub.com 08 Jan '13, 2pm

Bitcoin payment processor BitPay has closed a seed round totaling $510,000. Investors include Shakil Khan , Barry Silbert ...

Bitcoin payments processor, BitPay relos HQ to Atlanta and plans software center: BitPay, a bitcoin payment proc...

Bitcoin payments processor, BitPay relos HQ to ...

bizjournals.com 07 Jan '13, 9pm

Enlarge Image Wikipedia Urvaksh Karkaria Staff Writer- Atlanta Business Chronicle Email | Twitter | Google | LinkedIn Bitc...

Bitcoin payments processor, #BitPay relos HQ to Atlanta; plans software development center. #tech #econdev

Bitcoin payments processor, #BitPay relos HQ to...

bizjournals.com 07 Jan '13, 9pm

Enlarge Image Wikipedia Urvaksh Karkaria Staff Writer- Atlanta Business Chronicle Email | Twitter | Google | LinkedIn Bitc...

Bitcoin payments processor, BitPay relos HQ to Atlanta and plans software center - Atlanta B...

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BitPay Receives $510,000 From Investors #bitcoin

BitPay Receives $510,000 From Investors #bitcoin

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WordPress’s decision to accept Bitcoin in November was a major factor pushing investors to support his company. Since Word...

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themonetaryfuture.blogspot.com 12 Jan '13, 11am

http://www.forbes.com/sites/jonmatonis/2013/01/07/largest-bitcoin-payment-processor-raises-510000-angel-round/ BitPay, Inc...

Largest Bitcoin Payment Processor Raises $510,0...

themonetaryfuture.blogspot.co.uk 13 Jan '13, 10am

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