BitInstant
About
BitInstant is a payment processor for various Bitcoin exchanges and other merchants.
- New York,New York,United States
- 11 - 50
- http://www.bitinstant.com
Details
- Last Funding Type
- Seed
- Last Funding Money Raised
- $1.50M
- Industries
- Bitcoin,Finance,Financial Services
- Founded date
- Jan 1, 2011
- Number Of Employee
- 11 - 50
- Operating Status
- Active
- Legal Name
- BitInstant LLC
BitInstant is a payment processor for various Bitcoin exchanges and other merchants. Customers of these exchanges and other merchants can easily make a payment to them by using BitInstant, that is an agent and payment processor for those exchanges and other merchants. BitInstant receives money for exchanges and other merchants through various payment systems such as Dwolla, Liberty Reserve, TrustCash, and others. In receiving those funds, BitInstant acts as an agent and payment processor for various exchanges and other merchants, such as MtGox, BTC-E, BitStamp, VirWox and other similar services. Funds can be available in as little as 15 minutes and are typically available within one hour at the exchange or other merchant selected by the Customer. All payments are processed automatically.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| May 18, 2013 | Seed | $1.50M | 2 |
Winklevoss Capital
|
— | Detail |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Winklevoss Capital
|
Yes | Seed |
|
|
— | Seed |
