OpenNode, Inc.
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OpenNode, Inc. - overview
Established
2018
Location
Los Angeles, CA, US
Primary Industry
Financial Services
About
Based in California, US, and founded in 2018 by its CEO, Afnan R, and CTO, João Almeida, OpenNode, Inc. operates as a platform that processes bitcoin payments for e-commerce businesses. In February 2022, OpenNode, Inc. raised USD 20 million in series A funding led by new investor Kingsway Capital, with participation from other new investors including Twitter, Avon Ventures, and Fidelity Investments.
As of February 2022, the company provides its services in more than 120 countries and has more than 14,000 users on its platform. OpenNode, Inc. offers bitcoin processing infrastructure for businesses that enables payments and payouts, invoicing, conversion, and settlements. Using the platform, any business can accept or pay using Bitcoin and establish it as a payment channel.
OpenNode, Inc. also provides developer-friendly application programming interfaces so its platform can be integrated into already existing software and applications with only 10 lines of code. The company generates revenue by charging a 1% transaction fee. OpenNode, Inc.
will use the series A funding to ramp up its expansion and grow the bitcoin economy by building the future of payments.
Current Investors
Draper & Associates Inc, Fidelity Investments, X Corp.
Primary Industry
Financial Services
Sub Industries
e-Financial, Web Applications, Accounting/Finance Software
Website
www.opennode.com
Verticals
Blockchain, FinTech, Mobile Apps
Company Stage
Series A
Total Amount Raised
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OpenNode, Inc. - employee data
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