ZebPay, one of the most prominent Bitcoin service providers, is looking to raise an additional US$4m in funding. This funds will be used to upgrade the Bitcoin exchange and mobile wallet’s servers, as well as to introduce additional security measures. ZebPay is looking to expand and handle larger volumes moving forward, and the company wants to be prepared for those changes.
Bitcoin Company ZebPay Has Major Plans
In the world of Bitcoin and cryptocurrency, virtually everyone has come across the name ZebPay at some point. This company provides an exchange platform to users all over the world, as well as a convenient mobile wallet solution. Users can even top up their mobile credit directly from the wallet app, which adds an instant Bitcoin use case.
Now that the company is looking to raise an additional US$4m in funding, it has become apparent significant changes are expected. ZebPay wants to accommodate larger Bitcoin volume trades and solidify its position in the cryptocurrency market. Additionally, they will also conduct a marketing push and fund various company operations.