ShowPay, a Guangzhou, China-based blockchain enterprise from the Bitcoin SV (BSV) ecosystem, completed a $1.5m angel funding round.
The round was led by Jinghe Investment, a subsidiary of China Lantian Corporation, with participation from another unnamed VC firm.
The company intends to use the funds for:
1) strengthening the basic research and development of the global distributed ID “MetaID” based on BSV;
2) establishing a non-profit fund to promote the adoption of MetaID;
3) expanding the team.
Established in 2019, ShowPay is a global cryptocurrency payment system powered by BitcoinSV. It provides a POS/Wallet to merchants and offers assistance and guidance in the adoption of cryptocurrency payment processing. ShowPay is designed to support many cryptocurrencies including Bitcoin SV, BTC, Libra, DCEP plus more.
FinSMEs
16/11/2020