09 Oct '17, 8am

Car Sharing Firm Gets $10 Million, Adds Bitcoin Payments

Car Sharing Firm Gets $10 Million, Adds Bitcoin Payments

Fintech 16 hours ago | By Sterlin Lujan - | 8604 | 3 Car Sharing Firm Gets $10 Million, Adds Bitcoin Payments The India-based, Y-Combinator-backed car sharing firm, Drivezy, just raised Rs 65 crore ($10 million). The company has used the funds partly to begin accepting bitcoin payments on their platform. In all, the company has raised a total of $16.5 million (Rs 107 crore) from a variety of different sources. An equity investment totaling $5 million has been made by Japanese and American firms. Also read: England Can Now Use Left-Over Change to Automatically Buy Bitcoin The firm’s CEO, Ashwarya Singh, told Econotimes they had just begun accepting bitcoin payments. He said, “We have started accepting cryptocurrency such as bitcoin for transactions on our platform. We have seen 150-160 transactions through that mode so far.“ Drivezy plans on using its fundraising to further...

Full article: https://news.bitcoin.com/self-drive-car-rental-firm-gets-...

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