CoinVoice recently learned that according to CoinDesk, crypto payments company Baanx announced the completion of a $20 million Series A round of financing. This round of investment includes Ledger, Tezos, Chiron and British Business Bank, bringing the company’s total funding to more than $30 million.
It is reported that Baanx is a cryptocurrency payments company authorized by the UK Financial Conduct Authority (FCA), which operates Ledger card products, and recently signed a three-year partnership with Mastercard in the UK and Europe. Simon Jones, chief commercial officer at Baanx, said: “Over the past 12 months, we have been building a series of non-custodial on-chain products, creating a new type of crypto payment. Giving users complete control of their funds while realizing the reality of world’s spending, we want to power the next generation of crypto payments.” [Original link]