business / news / / Times Now
Speed is a global payments infrastructure company built on the Bitcoin Lightning Network.
Speed has raised $8 million in a round led by Tether and ego death capital.
KEY POINTS
- Speed has processed over $2.5 billion in real-world Bitcoin payment volume to date.
- Steak ’n Shake has integrated Speed's Lightning payments across multiple in-store and mobile touchpoints.
- Speed Wallet now supports approximately 1.2 million users, doubling user numbers year-over-year.
- Speed plans to scale its compliance infrastructure and expand its Lightning-based developer ecosystem internationally.
COMPANIES
Summarized by Newsio from Times Now. How we summarize →