HandCash announced securing capital funding from Two Hop Ventures and Unbounded Capital.
Handcash, a Madrid, Spain-based developer of a bitcoin wallet provider, announced securing additional capital funding.
The money was provided by the technology entrepreneur Calvin Ayre, and venture capital funds Two Hop Ventures and Unbounded Capital. Proceeds will be used to further grow its product offerings and employ more team members.
HandCash, founded in 2018 by CEO Alex Agut, provides a digital wallet offering users the ability to shop at 250+ retailers with egifter.com as well as a tie up with payment service Anypay, providing both online and retail merchants with efficient checkouts.
HandCash also operates agreements with similar services Bitcoin SV (BSV) wallet, MoneyButton, so that BSV transactions can be made to each wallet directly, without third parties involved.
The company started as a wallet for consumers, but seeing the vast business future for micropayments, it is expanding into B2B product offerings. Its upcoming HandCash Connect SDK provides a backend solution so developers can use all the properties of Bitcoin as a technology platform, without having to learn complex Bitcoin protocol development skills or maintain infrastructure.