Blue Star Capital Plc (LON:BLU) Investee SatoshiPay Ltd stepped up a gear yesterday, making the Satoshipay platform available and more appealing to top publishers and the wider general public by introducing the ability to connect through paypal. Founder Meinhard Benn talks to DirectorsTalk about the integration of Paypal into the Satoshipay platform. Meinhard explains what this means for customers, the impact this should have on the business and what we should expect from the company over the coming months.
Blue Star Capital Plc is an investing company with a focus on technology and its applications within media and gaming. Blue Star’s investments include a 19 per cent. holding in SatoshiPay, a nanopayment software and blockchain company; a holding in Disruptive Tech Limited, an investing company with five investments including a 38% holding in VNU Group LLC (“VNU”) a speciality online direct retailer of premium goods paid for through an instant credit facility and a holding in Nektan PL; and an investment in Sthaler, an early stage identity and payments technology business which enables a consumer to identify themselves and pay using just their finger at retail points of sale.
SatoshiPay is headquartered in London with development led through its office in Berlin. Angel funding for SatoshiPay Ltd was supplied by Axel Springer Plug & Play and Henning Peters, seed funding was raised through publicly listed companies Coinsilium Group (ISDX:COIN) and FastForward Innovations (LON:FFWD). Development of SatoshiPay’s nanopayment product started in April 2015 and its beta version was released in February 2016.