Flash, a Newark, DE-based company providing bitcoin payments gateway, raised an undisclosed amount in Seed funding.
The round was led by Early Riders.
The company intends to use the funds to expand operations and its development efforts.
Co-founded by Pierre Corbin and Hugo Ferrer, Flash enables businesses to charge and instantly accept Bitcoin payments online or offline for a competitive fee structure. Compatible with various business models (POS, checkouts or subscriptions), it can be integrated with any wallet through QR codes or browser integration, and seamlessly incorporated into existing services with minimal API requirements. The company generates revenue through a transaction fee on each payment. Additionally, the company offers premium services such as invoicing and payment splitting.
Flash has also announced a strategic partnership with Parallel Economy, a payment processor prioritizing the free speech and privacy rights of its customers. This partnership aims to provide merchants with seamless Bitcoin payment solutions, further expanding Parallel Economy’s offerings in the decentralized financial ecosystem.
The company has already established integrations with Vimeo, Shopify, and WooCommerce and has also developed its proprietary wallet for ease of onboarding customers and merchants, as well as ensuring stronger brand recognition and loyalty.
FinSMEs
01/11/2024