OpenNode, a Los Angeles, CA-based bitcoin payment processor and infrastructure provider, raised $20M in Series A funding at a $220M valuation.
The round was led by Kingsway with participation from Twitter, Tim Draper, and Avon Ventures.
The company intends to use the funds to expand its development efforts.
OpenNode provides bitcoin payment acceptance and payout solutions for businesses, platforms, and people everywhere, from payment buttons to hosted checkout, and e-commerce plug-ins to optimized APIs. The company is focused on building Bitcoin and Lightning Network payments infrastructure and is ready to onboard every business, platform and person looking for secure, instantly settled payments that operate globally, 24/7
FinSMEs
14/02/2022