Published on September 20th, 2017 | by bitcoin0
Luno Receives Nine Million in Series B Funding
South African FinTech startup, Luno, has announced that it has concluded its Series B fundraising round after receiving approximately $9 million (R120 million) from investors.
its expansion into 35 new markets across Europe, The round was led by London-based Balderton Capital.
Luno currently has offices in London, Singapore and Cape Town, With the conclusion of the Series B fundraising round, Luno will now be available across 40 countries including some in Europe.
Luno has built a Bitcoin platform that allows people to buy, sell and learn about digital currencies.
According to Luno, the funding will be used for product refinement and development, global expansion and to bring to market some new features.