Bitcoin Broker Anycoin Direct Raises €500k in Seed Funding

Anycoin Direct has raised €500,000 as part of a seed round backed by a private investor.

The Netherlands-based bitcoin brokerage announced the deal on 21st January, a move that coincided with its expansion to the Canadian market. Anycoin Direct offers users the ability to buy and sell digital currencies including bitcoin, dogecoin and darkcoin, among others.

Speaking to CoinDesk, co-founder Lennert Vlemmings indicated that the funding will allow Anycoin Direct to expand to more countries while adding support for new payment methods and increased development.

Still, Vlemmings was tight-lipped about what might be included as part of the company’s plans for 2015, stating:

"We have a lot of things the funding allows us to do – most we cannot talk about right now – but we do have plans for specific countries and payment methods we’re going to introduce in the short term."

Vlemmings and co-founder Bram Ceelen suggested that Canada was selected as a target market for the company due to the similarities between its payments systems and those in Europe. Anycoin Direct users in this market can now use the INTERAC online bill payment service to make digital currency purchases.

Anycoin Direct previously announced in September that it would expand its services to more European countries. The service is now available in 14 countries including Austria, Italy and Portugal.

Images via Anycoin Direct

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Pete Rizzo

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.