RATE Group | New App Bottle Pay for ‘Sending Bitcoin via Social Media’ Raises $2M
64973
post-template-default,single,single-post,postid-64973,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

New App Bottle Pay for ‘Sending Bitcoin via Social Media’ Raises $2M

11 Oct New App Bottle Pay for ‘Sending Bitcoin via Social Media’ Raises $2M

Posted at 11:32h in Bitcoin News by

[ad_1]

A U.K. tech firm has raised a £1.6 million ($2 million) investment for an app that allows users to send Bitcoin (BTC) using their social media accounts. As reported in the North East Times, Oct. 11, Newcastle company, Block Matrix, received the funds to further develop its Bottle Pay platform.

“Allow everyone to use Bitcoin”

The Bottle Pay platform lets users transfer Bitcoin using their social media accounts. This enables payments to any social media contact regardless of whether they have a Bottle Pay account.

The Bottle Pay app will allow users to easily access the platform. Founder, Pete Cheyne, explained:

“We are trying to break down the barriers to allow everyone to use Bitcoin. […] What we want to do is to let people authenticate into the app with an account they already have and trust.”

Future developments

Block Matrix is planning to increase the number of active users of Bottle Pay tenfold over the next year before seeking further investment through venture…

[ad_2]

Source link

Tags:
, , , , , , , ,