Paymium , a Bitcoin payment service startup , has raised € 1 billion with new funding from venture Ventures , investors , investors , and a consortium of unspecified individuals . Paymium offers solutions for merchants and payment processors by allowing them to accept Bitcoins payments , which allows them to reduce transaction costs . Paymium intends to leverage the funds to grow its European presence and on product development for individuals and e - tailers .
Paymium, a Bitcoin payment service startup, has raised €1m with new funding from Kima Ventures, Newfund, Galitt, and a group of unspecified individuals. Paymium offers solutions for merchants and payment processors by allowing them to accept Bitcoins payments, which allows them to reduce transaction costs. Paymium intends to use the funds to grow its European presence and on business development for individuals and e-tailers.