Venture capitalist funds have been flowing to various Bitcoin companies in the past few years. The year 2015 is setting new records in terms of total VC funds raised and there are still almost four months left to go. One of the latest companies to receive (another) round of funding is Abra, a platform focusing on the Bitcoin remittance market.
Abra Brings Bitcoin Remittance to New Levels
The name Abra is not known to that many people, despite the Bitcoin startup unveiling its plans in March of 2015. With a large focus on the Bitcoin remittance market, an area where very few companies seem to make a breakthrough, Abra has been on the radar of venture capitalists around the world.