Blockchain Payment Company Coinify Raises $4M in Series A Funding

coinifyCoinify, a Copenhagen, Denmark-based blockchain payment company, raised $4m in series A funding.

The round was led by SEB Venture Capital, an entity within the SEB Group, and SEED Capital Denmark.

The company intends to use the funds to sustain its position in Europe and expand the blockchain payment and trade products into Asia.

Led by Mark Højgaard, Co-Founder and CEO, Coinify focuses on extending blockchain currency payment processing and trading services to merchants and consumers respectively. It serves global Payment Service Providers, online businesses, physical shops, and individuals by supporting 15 blockchain currencies (including bitcoin, ether and ripple).

FinSMEs

04/08/2016

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