CoinPayments Seeks to Raise $30M in Series A Offering

Cryptocurrency payment gateway launches fund raise using Bnk to the Future platform.

George Town, Cayman Islands, December 11, 2018 --(PR.com)-- CoinPayments, a cryptocurrency
payment gateway for bitcoin and over 1,000 altcoins, today announced a $30 million Series A round of
funding via the Bnk to the Future global online investment platform. CoinPayments is the only
cryptocurrency payment processor to offer payment support for such a wide array of cryptocurrencies.
This new funding will allow CoinPayments to further their vision of cryptocurrency adoption and banking
the unbanked by expanding the platform along with the addition of several new features.

“My vision is to help shift the global money supply from institutions run by private interests to an open,
predictable and transparent money system.”
- Alex Alexandrov - CEO, CoinPayments

Some of the current problems facing the adoption of cryptocurrency usage include price volatility,
centralization risk, cryptocurrency purchase and conversion and the ability to find appropriate businesses
that accept cryptocurrency payments. CoinPayments will use the funding raised from this Series A round
to:

1) Expand and improve the CoinPayments platform and mobile app

2) Integrate fiat settlements into the platform to allow businesses to overcome the price volatility
3) Decentralize the storage of private keys to create two independent but interoperable systems
4) Simplify the conversion of cryptocurrencies for users via a one-click instant conversion feature
5) Create a global decentralized marketplace bringing together merchants and buyers to transact in
cryptocurrencies

Founded in 2013, CoinPayments has experienced exponential growth year over year since having raised
just over $250,000 in seed funding on the Bnk to the Future platform back in 2015. CoinPayments was
the first cryptocurrency payment processor to support payments in Litecoin and Ethereum and has been
able to capitalize on this first-mover advantage to fuel its exponential growth. CoinPayments has since
grown to support over 1,000 altcoins on their platform used by over 2.3 million businesses and users
across 182 countries. In 2017 CoinPayments processed over $930 million USD in business transaction
volume and over $1.3 billion USD in consumer transaction volume.

More information about the $30 million Series A fund raise can be found on the Bnk to the Future official
listing here: https://bnktothefuture.com/pitches/coinpayments-2

About Bnk to the Future

Bnk to the Future is the largest global online investment community of professional investors all
investing in financial innovation and technology. Investors have access to invest in the same caliber of
deals that top FinTech Angel investors and venture capitalists have access to. The Bnk to the Future
community is truly global, with active investors and entrepreneurs from 112 countries. Their team

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handles all documentation, admin and payment for both investors and companies fundraising through the
platform.

About CoinPayments
CoinPayments was founded in 2013 as the first altcoin payment processor and has since grown to support
payments for bitcoin and over 1,000 altcoins for their userbase of over 2.3 million business and user
accounts across 182 countries. The easy to use platform offers prebuilt plugins and integrations for all the
major ecommerce platforms, including Shopify, Woocommerce and Magento. With hosted wallets,
conversion and fiat settlement functionality, CoinPayments leads the way in furthering the adoption of
cryptocurrencies.

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Contact Information:
CoinPayments
Sean Mackay
1-888-972-5253
Contact via Email
https://coinpayments.net

Online Version of Press Release:

You can read the online version of this press release at: https://www.pr.com/press-release/771909

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