Bitcoin-Friendly NextBank Receives $1.4 Million, Calls Off Crowdfunding Campaign

NextBank, which bills itself as the first bitcoin-friendly bank and is slated to open in 2016, announced that it has received $1.4 million for 4% of the company from two venture capitalists in Europe and has called off its crowdfunding campaign. Crowdfunding investors can choose to be minority investors or have their contributions refunded. CCN reported last month that NextBank received $0.95 million in private venture capital and was accepting early registrations. The new investment brings the total investment $2.35 million USD. The company will continue to seek funding through venture capital avenues to “ease concerns of the public,” according […]

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