Crypto Payments Service Provider BCB Group Raises $60M Series A

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Crypto Payments Service Provider BCB Group Raises $60M Series A
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Crypto payments service firm BCBcrypto raises $60 million in a Series A round co-led by Foundation Capital. willcanny99 reports

BCB Group CEO Oliver von Landsberg-Sadie

BCB Group, a crypto-dedicated payments services provider, has closed a $60 million Series A funding round. The round was co-led by Foundation Capital with participation from BACKED VC, PayU , Digital Currency Group, Nexo, Wintermute, Menai Financial Group, Circle, Tokentus Investment, Cowa, Profluent Ventures and LAUNCHub Ventures.Ventures, Rockaway Blockchain Fund, Pantera and L1 Digital also participated in the round.

The new financing will be used to accelerate BCB Group’s offerings of payments and banking services, the company said in a statement on Tuesday.

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