Strike raises $80 million to compete with Visa, Mastercard and the SWIFT network

Jack Mallers’ Lightning Network-powered Strike app has raised $80 million to try to compete with Visa, Mastercard and the SWIFT network.

Strike & Bitcoin vs. Visa, Mastercard, SWIFT

the communicated press release on this fundraiser organized by the bitcoin-focused investment company Ten31 title:

“Bitcoin Lightning Network Leader Strike Raises $80M to Revolutionize Payments for Merchants and Consumers Worldwide.”

“We believe Strike is poised to disrupt the financial services and payments landscape”says Grant Gilliam, co-founder of Ten31. “The capital will be used to support Strike’s efforts to revolutionize payments for large merchants (Shopify)”can we read in the press release.

“We are moving at full speed. Not only to integrate Strike’s revolutionary payments with major merchants, but also on a global scale”says Jack Mallers, founder of Strike.

This funding follows its API initially announced at the Bitcoin 2022 conference in Miami. The API allows companies such as BlackHawk (a payment card giant), to facilitate bitcoin payments through the Lightning Network.

The National Cash Register is also in the game. NCR is an American company known for its cash registers and ATMs present in 141 countries. It is the world leader in payment solutions for restaurants, small businesses and banks.

“Any business that is in the business of moving money will be interested in it”he promises. “We can enable businesses to move money in ways the Visa, Mastercar and SWIFT networks cannot. »

You go Jack…

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