Coinme Raises $10M in Strategic Funding

Coinme, a Seattle, Washington-based licensed cryptocurrency cash network in the U.S., raised an additional $10M in a strategic funding round.

Backers were existing investors, including Digital Currency Group.

The funds will be used for product and market expansion. 

Led by CEO Neil Bergquist,, Coinme offers an enterprise API that crypto-enables legacy financial institutions to provide the simple and secure sale of bitcoin with cash to everyday people. The company powers more than 15,000 locations in the U.S. through partnerships with MoneyGram and Coinstar. 

FinSMEs

16/06/2021