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'Crypto Stripe' Flexa Raises $14 Million So You Can Buy Coffee With Bitcoin
Consider yourself $14.1 million closer to buying your morning coffee with bitcoin. New York-based payments startup Flexa just raised that amount in a private token sale involving Pantera Capital, 1kx, Nima Capital, Access Ventures and others. The startup’s token, Flexacoin, is an ethereum-based ERC-20 token that will eventually be used by developers and businesses to stake value on Flexa’s network for merchant payment processing. While Flexa co-founder Tyler Spalding declined to specify which merchants will accept bitcoin through this app, video tests show users buying Starbucks with it. (A Starbucks spokesperson ... (full story)