Handcash, a Madrid, Spain-based Bitcoin wallet provider, raised additional funding of undisclosed amount.
Backers included technology entrepreneur Calvin Ayre, and venture capital funds Two Hop Ventures and Unbounded Capital.
The company intends to use the funds to further grow its product offerings and employ more team members.
Led by co-founder and CEO Alex Agut, HandCash provides a digital wallet offering users the ability to shop at 250+ retailers with egifter.com as well as a tie up with payment service Anypay, providing both online and retail merchants with efficient checkouts. HandCash have also made sure, via an agreement with ‘rival’ Bitcoin SV (BSV) wallet, MoneyButton, that BSV transactions can be made to each wallet directly, without third parties involved. The company started as a wallet for consumers, but seeing the vast business future for micropayments, it is expanding into B2B product offerings. Its upcoming HandCash Connect SDK provides a backend solution so developers can use all the properties of Bitcoin as a technology platform, without having to learn complex Bitcoin protocol development skills or maintain infrastructure.