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Snapcard Snaps Up Venture Capital Debt

Tuesday, September 1, 2015 5:15:00 AM PDT | VentureDeal
   San Francisco, California  --  Financial services technology company Snapcard has secured $645,000 in new venture capital debt funding, according to an SEC regulatory filing.

Snapcard said that it was founded to help consumers spend their digital currencies better.

Part of their mission is to help educate merchants on the value of accepting digital currency.





Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.

Snapcard is still seeking $1.855 million in additional financing, according to the filing.

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