Thursday, 30 October 2014

Spotcap receives EUR 13 million in funding just a few weeks after launch

Tech start-up provides the fastest online credits for small business owners

Just a few weeks after launch, Spotcap, the fastest online credit platform, secures EUR 13 million in funding. The group of investors includes Access Industries, the privately-held industrial group controlled by Len Blavatnik, and Holtzbrinck Ventures, one of Germany’s most successful VC firms. This additional backing confirms that fast and flexible financing for small companies is in high demand and the Spotcap business model has a bright future. Spotcap will use the funding to grow further in Spain and expand to other markets.

Toby Triebel, co-founder of Spotcap: “We are delighted with the funding we received. We now have the backing to expand into new markets and take on new challenges. Our goal is to offer our credit lines to all small businesses in Spain as well as other promising markets where financing alternatives are needed. The support from established venture capital firms proves that Spotcap has an attractive business model and presents an exciting opportunity.”
Spotcap uses an innovative credit scoring technology that directly evaluates the clients’ real-life business data to offer credit lines. The company’s mission is to enable business owners to invest and grow without having to worry about how to finance their projects. Applying for Spotcap’s credit lines takes as little as five minutes - making it the fastest and easiest online credit.

Wednesday, 29 October 2014

MyPlace Connect free WiFi expands to 10th country

MyPlace Connect, Ireland’s largest free WiFi network provider has announced it’s launch into it’s tenth country earlier this month. The free WiFi service from MyPlace Connect has now been deployed in Luxembourg, becoming the tenth country where MyPlace Connect operates.  
Luxembourg has become the latest country for MyPlace Connect to deploy it’s free WiFi service to and is a signal of the ongoing national and international expansion of MyPlace Connect. With hundreds of locations across Europe, USA and Asia, MyPlace Connect is now a fully 24 / 7 business operating on three different continents. 
According to Peadar Gormley CEO of MyPlace Connect “this latest deployment of MyPlace Connect free WiFI to Luxembourg, makes it the 10th market that we operate in. It’s exciting and challenging as we grow our business from our Dublin Headquarters, however as a company MyPlace Connect continues to invest in technology solutions so as to ensure the best customer experience possible.”  
“Hassle free WiFi that is easily accessible plays a key role in attracting customers for most businesses in the service industry. For the hotels, pubs, restaurants, shopping centres, entertainment and sports venues that have MyPlace Connect services installed, it means no more DIY WiFi and wasting time handing out passwords, as registered users of MyPlace Connect automatically connect to the free WiFi network” said Peadar Gormley
“When MyPlace Connect started operating in Ireland, it was quite easy to track usage and demand due to our familiarity with the market, however when you add locations in Asia and the United States, this adds a new dimension to your business emerges. Literary, every second of every day, customers are using free WiFi on the MyPlace Connect network somewhere on any of three continents” said Peadar Gormley. 
“Growing an international business from Ireland has it’s challenges, but there are some really positive aspects for MyPlace Connect as a global technology company. We benefit from the global reputation of many great Irish companies, Irish brands and indeed Irish people, who have helped MyPlace Connect get the door opened for us in markets that we couldn’t possibly imagine. Working with Enterprise Ireland we expect further international growth in the next number of months, alongside strong expansion in the Hotel and Accommodation market in Ireland, England and Europe” concluded Peadar Gormley, CEO of MyPlace Connect. 
MyPlace Connect, as well as being Ireland’s largest free WiFi network provider also support hundreds of venues in England, France, Germany, India, Luxembourg, the Netherlands, Scotland, Switzerland and the United States. 

Tuesday, 28 October 2014

Coinpayments Inc. Receives Financing from Newnote Financial

Crypto-currency payment processor Coinpayments Inc. is pleased to announce it has received financing from Newnote Financial Corp. (CSE: NEU; OTCQB: NWWTF; FSE: 1W4).

Newnote Financial Corp. is a pioneering crypto-currency and Bitcoin related software products and services company focussing on the growing business segment of this bourgeoning market. Newnote has positioned itself to be a leading contender in delivering opportunities to startup businesses world-wide.

Coinpayments Inc. is a privately held payment processor operating the Coinpayments website, a service similar to Coinbase and Bitpay. Coinpayments differs from its competitors in that it accepts over 50 different types of crypto-currency and has grown to become the third largest crypto-currency payment processor and the largest multi-currency payment processor, with over 7500 merchants in 120 different countries, processing nearly $1,000,000 per month worth of Bitcoin, Litecoin, Dogecoin, Peercoin, Omnicoin, Quark, Darkcoin, Maxcoin and dozens of others. In addition to payment processing, the company manages the largest Crypto store directory on the web where visitors can purchase thousands of products and services using any supported crypto-currencies.

Coinpayments offers its merchants Point-of-Sale checkout in 24 languages with support for 21 shopping cart plugins enabling merchants to easily integrate crypto payments within minutes. Popular supported shopping carts include OpenCart, osCommerce, Magneto, Zen Cart, Wordpress and WooCommerce among others. Coinpayments generates revenue from transaction fees, advertising, and other merchant services. Additionally, Coinpayments provides an innovative currency launch platform that gives new currency developers support in the form of merchant acceptance, blockchain explorer, free coin faucets, and listing in its store directory.

A competitive advantage of Coinpayments is that it offers the largest multi-crypto-currency wallet on the web supporting over 50 different crypto-currencies at no additional cost. Web wallets are convenient and can be accessed from any mobile device or desktop computer. Balances can be applied directly during checkout with any of their merchants.

Revenue, transaction volume and number of registered clients are all expected to more than triple by June of 2015 at the current rate of growth. Coinpayments Inc. has received from Newnote Financial Corp. CAD $100,000.00 plus 1.5 million NEU shares priced at $0.15 cents and 600,000 warrants priced up to $1.00. Newnote received 20% equity in Coinpayments Inc.

Coinpayments Inc. Chairman and CEO Alex Alexandrov says: "We are constantly looking for innovative ways to improve the services we offer our merchant customers. This deal with Newnote is in the best interests of our customers and the emerging peer-to-peer payment marketplace as a whole. Credit for this deal and our many advancements to date goes to a great Coinpayments team, which I am delighted to say, includes the original founders."

Paul Dickson, Newnote President and CEO states: "This is a strategic investment for us for a multitude of reasons. Payment processing is clearly the most lucrative area of crypto-currencies and our primary focus. Our proprietary crypto-currency exchange platform will enable merchants to liquidate crypto-currencies for cash and then wire to their accounts through our previously announced partner Net-Cents."