1 year ago
Bit2Me, a starring Spanish crypto exchange, has raised $15 cardinal successful a backing circular led by Investcorp.
The concern circular besides included Telefónica Ventures, the concern limb of Spain’s largest telecommunications institution Telefónica, Stratminds VC, Cardano and YGG Fund, Bit2Me said successful a property release.
Funds volition beryllium utilized by Bit2Me to turn its presumption successful Spain, wherever the institution was born, and to accelerate its enlargement successful Latin America.
“This backing volition boost our acquisition of caller customers specially acknowledgment to Investcorp, an planetary spouse with important fiscal muscle, and to Telefónica, who volition springiness america much channels successful Latin America,” Leif Ferreira, co-founder and CEO of Bit2Me, said successful a statement.
In July 2022, Bit2Me acquired a bulk involvement successful the Peruvian adjacent Fluyez, successful what was the archetypal measurement of a hunt for acquisition opportunities successful Chile, Colombia and Uruguay, the institution said astatine the time.
In February, Bit2Me obtained support from the Bank of Spain to beryllium the archetypal supplier of services for the speech of virtual currency for fiat currency and the custody of integer wallets.
Edited by Aoyon Ashraf.
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