CANADIAN BITCOIN COMPANY BEGINS U.S. EXPANSION

NEW YORK (InsideBitcoins) – Calgary-based Vogogo is putting the $8.5 million in venture funding it received in August to good use. At the time of the capital infusion the company said it would be expanding its service to the U. S. Now that ambition is being implemented. The company has inked an agreement for a strategic partnership with Richmond, Virginia-based payment processor Knox Payments. The deal provides Vogogo exclusive access to Knox’s payment methods and U. S. banking, enabling regional fiat payments in support of its cryptocurrency transaction processing.

This post was published at Inside Bitcoins on Nov 2, 2014.