Bitcoin Payment Provider OpenNode Closed $20 Million Series A Funding Round

TokenInsight news, Bitcoin payment provider OpenNode closed a $20 million Series A funding round led by U.K. firm Kingsway at a $220 million valuation to fuel its global expansion. Other participants in the round include Twitter, venture capital investor Tim Draper and Avon Ventures, a venture capital fund affiliated with Fidelity Investments. It is reported that OpenNode processes and settles bitcoin payments instantly through the Lightning Network. Its systems for businesses and platforms include payment buttons, hosted checkouts, e-commerce plug-ins and optimized application programming interfaces (APIs).