Galoy secures $4 million in angel funding

Galoy is a Bitcoin software developer whose suite of solutions enables any community, company or government to provide banking services using Bitcoin and the Lightning Network. Galoy’s technology stack includes comprehensive functionality for issuing Bitcoin Banks: secure backend APIs, mobile wallets, point-of-sale applications, compliance tools, and administrative controls. Galoy also offers managed “Banking-as-a-Service” solutions for those looking for fully managed implementation and support. Galoy completed a $4 million financing, led by Hivemind Ventures, with participation from Valor, Kingsway Capital and AlphaPoint.

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