Coinify works to spread the use of digital currencies. The company enables anyone to buy Bitcoin as an investment, or to buy or sell items and services from a rapidly growing list of stores worldwide.
With experience in working with digital currencies since 2010, the Coinify team has a strong background with decades of experience in software, e-commerce, and compliance.
The Denmark-based Company recently acquired its rival Dutch processor Coinzone in a bid to create a pan-European provider of bitcoin-to-fiat payment processing for online merchants and PSPs. The deal adds 2000 merchants to Coinify’s 8000-strong network of online clients and presages plans for further capital raising in a Series A round of funding.
CFO and head of Strategic department at Coinify, Christian Visti says:
“Coinzone’s established presence in Europe, especially in the most active countries of France, Germany, Spain, Italy and Romania, and the recent market entries in the UK, the Czech Republic and Poland – is 100% in line with our strategy to accelerate the expansion in these important