Tag: investment

August 03, 2016 BY Mike Fox

Swedish Bank SEB invests in blockchain payments firm Coinify

Swedish financial group SEB has joined a $4 million Series A funding round for Danish blockchain payment service provider Coinify. The bank's venture capital arm was joined in the round by Seed Capital Denmark, boosting Coinify, which claims to be the largest facilitator of blockchain payments in Europe, supporting more than 20 PSPs and reaching over 100,000…

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June 30, 2015 BY Mike Fox

Westpac invests in US bitcoin start-up Coinbase

Westpac Banking Corp (NYSE:WBK) as reported early Tuesday morning from Reuters stated that its venture capital fund had invested an undisclosed sum in US based bitcoin start-up Coinbase in the first such deal by an Australian bank in the still developing digital currency. Westpac is Australia’s second largest bank by market value and said the investment would allow its…

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