Bitcoin Company IBEX Raises $4 Million, Eyes Expansion Today

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  • IBEX Mercado closed a $4 million seed round investment.
  • The seed round places a $20 million valuation on IBEX as they seek to expand in the Americas and Europe.
  • The investor class includes Stillmark, LUM Ventures, Fulgur Ventures and others who share IBEX values in assisting “previously-neglected people” gain access to unprecedented economic opportunity.

IBEX Mercado, an infrastructure company that on-boards banks and businesses to Bitcoin and the Lightning Network, secured $4 million in a seed round of investor funding, according to a press release sent to Bitcoin Magazine.