Banking Fintech Fintech Funding Investment Services News

Bitcoin Wallet HandCash Secures Further Funding

Bitcoin Association Appoints two new Asia Ambassadors to Advance Bitcoin SV

Handcash has recently seen a number of additional features to its lightning fast digital wallet offering users the ability to shop at 250+ retailers with egifter.com as well as a tie up with payment service Anypay, providing both online and retail merchants with safer, faster and more efficient checkouts. HandCash have also made sure, via an agreement with ‘rival’ Bitcoin SV (BSV) wallet, MoneyButton, that BSV transactions can be made to each wallet directly, without third parties involved. This achieves the peer-to-peer system that Bitcoin’s creator Satoshi Nakamoto envisioned.

Read More: Bank of Montreal, Motley Fool, Pernod Ricard USA and Wabtec Among Customers That Signed On With BlackLine In Q1 2020

Such innovations have caught the eye of a group of investors including technology entrepreneur Calvin Ayre, and venture capital funds Two Hop Ventures and Unbounded Capital – who have completed a new investment round with HandCash. This injection of additional funds will allow HandCash to further grow its product offerings and employ more team members.

HandCash co-founder and CEO, Alex Agut, explains: “It’s brilliant to be talking about employment and investments at a time like this when so much of the global economy seems to be struggling. It shows the strength of the BSV ecosystem that expansion, funding and use cases are on the rise on a daily basis.”

Jan Smit, Partner at Netherlands-based Two Hop Ventures, added: “We have been impressed with the development of HandCash as a product from the very start but to see that they are constantly looking to improve and innovate made the decision to invest an easy one.  HandCash is the perfect fit in our strategic focus on Bitcoin key managers and data managers, the critical building blocks for the secure user-centric next generation Internet.”

Read More: GlobalFintechSeries Interview with Nick Cowan, CEO of the GSX Group

Related posts

Huobi Incubator Announces Groundbreaking Strategic Partnership With DFINITY To Boost Web3 Development To New Heights Using The Internet Computer

Fintech News Desk

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Temenos To Host SCALE Virtual Developer Conference To Shape The Future Of Banking

Fintech News Desk
1