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Post-Round Analysis with Covercy’s Currency Payment Solution

Posted: Thu Mar 10, 2016 2:24 pm
by kreslik.news

There are more and more payment providers popping up, and fueled by FinTech momentum, yet a nearly $155 trillion payments’ market is still largely underserved, according to Covercy, a currency exchange payments startup that just raised a $1.5 million funding round earlier this year – as it aims to provide value in what otherwise could seem as a saturated space. Yet, this space is apparently still filled with huge opportunity.

There are many sides to the payment space, especially as ongoing FinTech developments unlock new approaches, and as banks have not yet fully jumped on the bandwagon to ... (read more)