A group of traditional payments veterans has raised $14.5m to launch Bitnet, a bitcoin payments processor that aims to entice the largest merchants in the world to accept bitcoin.
Led by Highland Capital Partners , Bitnet’s Series A round also included Rakuten, Japan’s largest e-commerce site. Notably, Rakuten is not only providing funding, it will use Bitnet’s bitcoin payments software.
John McDonnell, CEO of Bitnet , told CoinDesk the company has an enterprise-level platform for large retailers to begin […]
