GoCoin raises $550k to process bitcoin payments in Asia and South America

Daniel Cawrey | CoinDesk.com

Bitcoin payment processor GoCoin has raised $550,000 in venture capital to expand its operations.

GoCoin’s seed round was funded by a group of investors, most notably Owen Van Natta, a former Chief Operating Officer of Facebook who has also held positions at Amazon and Zynga.

BitAngels, a distributed angel fund that has invested in a number of BTC-based startups, has also participated in the round.

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