Eligma Raises Additional €4 Million Equity Investment at €50 Million Valuation

PRESS RELEASE. Crypto payments startup Eligma has announced it recently completed a new funding round of €4 million at a €50 million valuation. The latest investment was funded by Roger Ver through Bitcoin.com, and was mainly initiated due to Eligma’s ongoing efforts to comply with any and all regulations.

This approach to regulations has made it possible for Eligma to connect with the largest processors in the world and, through such partnerships, offer a unique combined solution of processing any payments (card payments, other digital payments and of course crypto payments). Eligma is now at the brink of revolutionizing the payment experience in offline retail, where any additional hardware will no longer be required.

Bitcoin.com and Eligma share the common goal of bringing cryptocurrencies into the mainstream and revolutionizing the world of payments with the advantages of the digital age. The Eligma company has been recognized as one of the world’s most promising startups in this field. With the ability to process any kind of payment, it can now also start setting up a tokenomics model that is not only connected to crypto payments, but also to various traditional payments (except cash). In this way, Eligma could convert a part of the card and digital payment fees into the GoC token and thus achieve a transition of traditional money into crypto. More on this topic will be revealed in the upcoming weeks.

“The new holistic technology will bring the world of payments to a whole new level, where shoppers will be able to use diverse fast (and often contactless) payment methods, and where merchants will benefit from a smooth and effortless sales process regardless of how the customer selects to pay – by using an all-in-one solution. We will be posting more on our progress on a weekly basis for the next 6 weeks,” the Eligma team said.

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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