The Bitcoin Company Announces $2.1 Million Seed Round, Partnership with Visa, and Public Launch of App

Our funds contact each half of our lives and have a profound impact on our way of life and common happiness. Bitcoin affords folks larger flexibility and freedom with their cash, and permits them to ship and obtain funds and retailer worth in a greater method.

The Bitcoin Company was created to present everybody a viable various to the legacy banking system, by letting customers ship, spend, save, and use cash the way in which they need. Through these partnerships, The Bitcoin Company will have the ability to develop its product suite to supply customers with all the things their conventional financial institution affords whereas additionally offering Bitcoin providers constructed proper into the core. The Bitcoin Company makes it straightforward for everybody to start out utilizing the cash of the longer term.

What is The Bitcoin Company doing?
The Bitcoin Company is a super-app for all of your monetary wants. To begin, we’re unifying the disparate rewards market (which right this moment consists of reward card, affiliate, and card-linked provide rewards) right into a single, unified Bitcoin rewards program. After making a consolidated rewards expertise, with these partnerships and funding, The Bitcoin Company intends to consolidate a good bigger suite of monetary providers, integrating Bitcoin monetary providers alongside conventional banking. Instead of treating Bitcoin as an “funding,” The Bitcoin Company will present Bitcoin and banking providers in a single place, treating Bitcoin as a local forex alongside {dollars}, euros, and different fiat currencies.

Today, The Bitcoin Company gives a cellular utility that rewards customers with Bitcoin for all of their on a regular basis purchases. Through partnerships with Visa, Figg, Checkout.com, the corporate is straight away increasing their rewards program internationally and goals to supply customers with conventional checking and financial savings accounts, a Bitcoin rewards card, in addition to entry to Bitcoin trade providers constructed on prime of their already accessible Bitcoin rewards program.

Who is constructing The Bitcoin Company?
The Bitcoin Company is constructed by Bitcoiners, for everybody. The group is stuffed with people who come from a range of backgrounds: enterprise funds, monetary providers, open supply software program growth, enterprise administration, skilled schooling, and the army. They’re all right here for one shared cause: to make Bitcoin straightforward, for everybody. The firm has employed Bitcoiners from throughout the globe: Ukraine, Colombia, EU, Canada, Mexico in an effort to get on-the-ground perception into each market by which it intends to broaden. Everyone at The Bitcoin Company believes Bitcoin is the longer term of cash, but in addition acknowledges that there is a lot of schooling and group constructing required to convey folks into the fold. “I’ve all the time tried to create merchandise that my mother can use,” stated Price “and I believe we have assembled the correct group to construct a product that’s simply understood, accessible, and value-add to the lots.”

Who invested and why?

David Hall – Managing Partner at Revolution’s Rise of the Rest Seed Fund
“The Bitcoin Company is constructing what no banking or Bitcoin platform affords right this moment: a full suite of easy-to-use, privacy-focused, shopper monetary merchandise built-in with Bitcoin. It’s uncommon to seek out such a gifted and extremely regarded group of technical leaders in a single place. Ben Price has assembled a tremendous group to champion the corporate’s mission to make Bitcoin accessible to everybody.”

Mike Jarmuz – General Partner at Lightning Ventures
Ben Price has assembled one of the strongest groups on the market and continues so as to add prime tier ‘Bitcoin All-Stars’. TBC is one of probably the most scalable firms we now have invested in and are tremendous excited to observe them roll out their merchandise. Our guess is they may change into a significant participant in bridging the hole between Bitcoin and conventional monetary merchandise. Their plans for academic content material and group constructing will onboard an important deal of pre-coiners. It’s a really large area, a really cool firm, and run by tremendous enjoyable folks. We’re fortunate to have participated and love what they’re doing.”

How do I test it out?
In a aggressive market of extremely technical purposes, The Bitcoin Company app affords one of probably the most beginner-friendly interfaces, enabling anybody to start out utilizing and incomes Bitcoin simply. If you’re new to Bitcoin, The Bitcoin Company is the instrument to start out your journey.

The Bitcoin Company app is obtainable for obtain on the Apple App Store, or the Google Play Store by way of: https://thebitcoincompany.com/download, and beginner-friendly studying assets can be found at https://thebitcoincompany.com/learn.

More details about The Bitcoin Company is obtainable at: https://thebitcoincompany.com

Bitcoin, for everybody.

SOURCE The Bitcoin Company

https://www.prnewswire.com/news-releases/the-bitcoin-company-announces-2-1-million-seed-round-partnership-with-visa-and-public-launch-of-app-301517962.html

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