Coinify has acquired competing Europe-based payments processor Coinzone as part of an undisclosed deal announced today.
With the move, the Denmark-based company has expanded its merchant base to an estimated 10,000 actively monthly customers, up from 8,000 before the acquisition. Further, it has grown its employee base to 17, with the addition of Coinzone ‘s sales staff.
Coinify CFO Christian Visti Larsen indicated that the purchase comes as his firm is seeking to shift its […]