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SatoshiPay just raised €1m to bring nanopayments to the mainstream

You may have read on Coindesk that SatoshiPay recently raised €640k from London Stock Exchange listed Blue Star Capital (LON:BLU). This was part of a €1m funding round closed earlier today. The round was lead by our early supporter Jim Mellon, with blockchain funds Huiyin Blockchain Venture and Kryptonite 1 (NEX:KR1) co-investing.

I couldn’t be happier to see “old” and “new” finance joining forces to support us at this exciting stage of our company. We are serious about this blockchain thing, and gladly receive part of the funds in bitcoin. (How does one hold so many ‘coins securely? Multi-signature wallet Copay and SatoshiLab’s hardware wallet Trezor to the rescue!)

Jim Mellon already took part in our funding round last year through the Fast Forward Innovations fund, which he co-founded. In his own words: “I am delighted to have been an early, and now follow-on investor in such an exciting company. I am fully expecting great things from Meinhard and the team!”

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