Rumours around BitPay, a platform that processes payments in bitcoin for merchants, is raising the field’s biggest round yet. The company is raising $30 million on a roughly $160 million valuation in a round led by Index Ventures, with Richard Branson and Yahoo co-founder Jerry Yang participating.
With BitPay’s previous funding round, the company’s financing tops the combined $26 million that Boston-based rival Circle has raised from Accel Partners, or the $31 million that San Francisco-based Coinbase raised from Andreessen Horowitz and Union Square Ventures or the $20 million round that Benchmark led for Xapo.
The UK’s Meducation, an online education network for medical students and practitioners, has raised $1 million in seed funding. Part of the round — approx. $300,000 — comes from the UK taxpayer-funded Technology Strategy Board, with the remaining being funded by unnamed private investors.
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Here are fundedflows Top 10 choices for crowdfunding platforms