NextBank

Bitcoin-Friendly NextBank Receives $1.4 Million, Calls Off Crowdfunding Campaign

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NextBank, which bills itself as the first bitcoin-friendly bank and is slated to open in 2016, announced that it has received $1.4 million for 4% of the company from two venture capitalists in Europe and has called off its crowdfunding campaign. Crowdfunding investors can choose to be minority investors or have their contributions refunded. CCN reported last month that NextBank received $0.95 million in private venture capital and was accepting early registrations. The new investment brings the total investment $2.35 million USD. The company will continue to seek funding through venture capital avenues to “ease concerns of the public,” according […]

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Bitcoin-Friendly NextBank Accepts Early Registrations Following $950,000 Investment

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NextBank, which claims to be the first bitcoin-friendly bank and is scheduled to open in 2016, announced it is accepting early registrations after receiving a $950,000 investment. Most of the investment is from founder Dim Voloshinsky, who is also the owner of London, U.K.-based Instaglobal Limited, which operates the exchange Bitcoins123.com, according to PRNewswire. Voloshinsky pledged $600,000 USD while an angel investor contributed $330,000 at the end of October. A NextBank account can be opened for free at http://nb.vu with no obligation. The First Bitcoin-Friendly Bank NextBank will allow conversion from fiat to cryptocurrencies without the 3% to 5% conversion charges found […]

The post Bitcoin-Friendly NextBank Accepts Early Registrations Following $950,000 Investment appeared first on CCN: Financial Bitcoin & Cryptocurrency News.