The France-based exchange Paymium has just concluded a financing round during which it managed to raise approximately 1 million euros. The round included notable financiers such as Newfund Management and Kima Ventures.
Paymium was founded in 2011 by David François, Pierre Noizat and Gonzague Grandval and became the first European Bitcoin exchange to be fully compliant with EU regulations regarding payment services. The company also offers their service as a payment processor for merchants, allowing them to accept Bitcoin payments.
Pierre Noizat, President ad Co-Founder of Paymium had the following to say about their upcoming plans:
“We intend to increase our trade volume by five by the end of 2016. In addition, the interest of Blockchain technology, on which Bitcoin grows, is now widely recognized