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Galoy Raises $3M Seed Round To Help Communities And Institutions Use Bitcoin As Money

Dec 15, 2021•almost 4 years ago

Amount Raised

$3 Million

Round Type

seed

MiamiPaymentsFinancial ServicesSoftware

Description

Galoy, developer of Bitcoin banking software and creator of the Bitcoin Beach Wallet in El Salvador, has closed a $3 million dollar seed round.

Company Information

Company

Galoy

Location

Miami, Florida, United States

About

Galoy makes it simple for any community or institution to offer financial services on Bitcoin. The Galoy open source Bitcoin banking platform includes a secure backend API, mobile wallets, point of sale apps, compliance tools and administrative controls. Galoy's proof of concept, the Bitcoin Beach Wallet, supported the creation of a circular Bitcoin economy that inspired nation-state adoption of Bitcoin as legal tender in El Salvador. Learn more at galoy.io. SOURCE Galoy