Details

Last Funding Type

Seed

Last Funding Money Raised

$1.50M

Industries

Bitcoin,Finance,Financial Services

Founded date

Jan 1, 2011

Number Of Employee

11 - 50

Operating Status

Active

Legal Name

BitInstant LLC

BitInstant is a payment processor for various Bitcoin exchanges and other merchants. Customers of these exchanges and other merchants can easily make a payment to them by using BitInstant, that is an agent and payment processor for those exchanges and other merchants. BitInstant receives money for exchanges and other merchants through various payment systems such as Dwolla, Liberty Reserve, TrustCash, and others. In receiving those funds, BitInstant acts as an agent and payment processor for various exchanges and other merchants, such as MtGox, BTC-E, BitStamp, VirWox and other similar services. Funds can be available in as little as 15 minutes and are typically available within one hour at the exchange or other merchant selected by the Customer. All payments are processed automatically.