• The firm provides mobile service top-ups in Bitcoin (BTC).
  • Bitrefill is also preparing to launch new products.

Crypto media outlet The Block recently reported that Bitrefill, a Sweden-based crypto-powered mobile refill service, has terminated a seed round of $2 million to expand its services. The firm provides mobile service top-ups in Bitcoin (BTC).  Bitrefill is also preparing to launch new products as well as expand its reach outside the U.S. and Europe.

In March 2019, Bitrefill users were able to make reservations on popular accommodation booking service Airbnb by making payments with Bitcoin, Ether (ETH), Litecoin (LTC), Dogecoin (DOGE), and Dash (DASH).

The firm also launched an innovative service in April where it facilitated payment process channels on the Lightning Network — a payment protocol operating as a second layer bitcoin blockchain. Thor Turbo, a new tool, aims at increasing the transaction speed on the Lightning Network. 

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

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