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Bitcoin Lightning Network Leader Strike Raises $80 Million Funding Round To Revolutionize Payments For Merchants And Consumers Globally

Sep 27, 2022•almost 3 years ago

Amount Raised

$80 Million

ChicagoPaymentsFintechFinancial Services

Description

Strike, the world’s leading digital payment provider built on Bitcoin’s Lightning Network, today announced it has raised an $80 million funding round led by Ten31 and joined by Washington University in St. Louis, the University of Wyoming, and other investors, with participation from existing investors. The capital will be used to drive Strike’s efforts to revolutionize payments for the largest merchants, marketplaces, and financial institutions in the payments industry.

Company Information

Company

Strike

Location

Chicago, Illinois, United States

About

Strike enables cheaper, faster, global, cash-final payments for both businesses and consumers. Strike is built on top of the Bitcoin network – the largest global, interoperable, and open payments standard. Strike believes that open payment networks enable universal participation in the financial system, with truly borderless money transfers, cheaper payment processing, and new payment experiences previously impossible with legacy technology. Learn more at www.strike.me.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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