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Topic: 2012-07-12 notioncapital.com: "The Currency Cloud closes £2 million investmen.." (Read 1306 times)

Yankee (BitInstant)
legendary
Activity: 1078
Merit: 1000
Charlie 'Van Bitcoin' Shrem
2012-07-12 notioncapital.com: "The Currency Cloud closes £2 million investmen.."
July 18, 2012, 03:43:14 PM
#12
Quote from: rjk on July 18, 2012, 01:45:39 PM
Quote from: Yankee (BitInstant) on July 18, 2012, 01:39:28 PM
Quote from: Boussac on July 18, 2012, 03:28:09 AM
It seems that they might have overlooked bitcoin..
I hope for them that they did not spend too much on legacy systems.

They have not overlooked Bitcoin

The CEO of Currency Cloud Mike Laven is a friend of ours, and Bitinstant has already signed a partnership agreement with them to handle Bitcoin business.

I can't say anymore, but you will see an announcement within 2 weeks.

-Caharlie
Bad ass and ahead of the curve, as usual.

Slowly but surely compliance dep'ts are getting to understand Bitcoin.

Currency Cloud was our hardest since they are owned by a few UK banks.

However, after meetings and such we got the green light about 6 weeks ago.
rjk
sr. member
Activity: 448
Merit: 250
1ngldh
Re: 2012-07-12 notioncapital.com: "The Currency Cloud closes £2 million investmen.."
July 18, 2012, 01:45:39 PM
#11
Quote from: Yankee (BitInstant) on July 18, 2012, 01:39:28 PM
Quote from: Boussac on July 18, 2012, 03:28:09 AM
It seems that they might have overlooked bitcoin..
I hope for them that they did not spend too much on legacy systems.

They have not overlooked Bitcoin

The CEO of Currency Cloud Mike Laven is a friend of ours, and Bitinstant has already signed a partnership agreement with them to handle Bitcoin business.

I can't say anymore, but you will see an announcement within 2 weeks.

-Caharlie
Bad ass and ahead of the curve, as usual.
Yankee (BitInstant)
legendary
Activity: 1078
Merit: 1000
Charlie 'Van Bitcoin' Shrem
Re: 2012-07-12 notioncapital.com: "The Currency Cloud closes £2 million investmen.."
July 18, 2012, 01:39:28 PM
#10
Quote from: Boussac on July 18, 2012, 03:28:09 AM
It seems that they might have overlooked bitcoin..
I hope for them that they did not spend too much on legacy systems.

They have not overlooked Bitcoin

The CEO of Currency Cloud Mike Laven is a friend of ours, and Bitinstant has already signed a partnership agreement with them to handle Bitcoin business.

I can't say anymore, but you will see an announcement within 2 weeks.

-Caharlie
Boussac
legendary
Activity: 1221
Merit: 1025
e-ducat.fr
Re: 2012-07-12 notioncapital.com: "The Currency Cloud closes £2 million investmen.."
July 18, 2012, 03:28:09 AM
#9
It seems that they might have overlooked bitcoin..
I hope for them that they did not spend too much on legacy systems.
istar
hero member
Activity: 523
Merit: 500
Re: 2012-07-12 notioncapital.com: "The Currency Cloud closes £2 million investmen.."
July 17, 2012, 02:22:57 PM
#8
Does it matters, as all the worlds currencies are becoming worthless...
TraderTimm
legendary
Activity: 2408
Merit: 1121
Re: 2012-07-12 notioncapital.com: "The Currency Cloud closes £2 million investmen.."
July 17, 2012, 01:18:34 PM
#7
http://connect.thecurrencycloud.com/api-docs/introduction-tcc-connect-api/

Looks like it is a automated currency-exchange service. Didn't see any bitcoin references, so they are probably taking a scoop off the top for operating expenses and just routing money via ABA/Swift/Whatever instead.

How pedestrian.
 
kiba
legendary
Activity: 980
Merit: 1020
Re: 2012-07-12 notioncapital.com: "The Currency Cloud closes £2 million investmen.."
July 12, 2012, 02:13:47 PM
#6
Quote from: proudhon on July 12, 2012, 02:01:54 PM
So, wait, is this like Dwolla, but vaporware?

The site is real but I have no idea what it's supposed to do.
proudhon
legendary
Activity: 2198
Merit: 1311
Re: 2012-07-12 notioncapital.com: "The Currency Cloud closes £2 million investmen.."
July 12, 2012, 02:01:54 PM
#5
So, wait, is this like Dwolla, but vaporware?
kiba
legendary
Activity: 980
Merit: 1020
Re: 2012-07-12 notioncapital.com: "The Currency Cloud closes £2 million investmen.."
July 12, 2012, 01:39:21 PM
#4
Plus, this have nothing to do with bitcoin.
kiba
legendary
Activity: 980
Merit: 1020
Re: 2012-07-12 notioncapital.com: "The Currency Cloud closes £2 million investmen.."
July 12, 2012, 01:37:05 PM
#3
Quote from: Spekulatius on July 12, 2012, 01:24:29 PM
What's the currency cloud?
Any similarities to bitcoin?
Could someone pls explain, the article is not very specific on it.

It sounds like they're playing business bingo to me.
Spekulatius
legendary
Activity: 1022
Merit: 1000
Re: 2012-07-12 notioncapital.com: "The Currency Cloud closes £2 million investmen.."
July 12, 2012, 01:24:29 PM
#2
What's the currency cloud?
Any similarities to bitcoin?
Could someone pls explain, the article is not very specific on it.
Spekulatius
legendary
Activity: 1022
Merit: 1000
Re: 2012-07-12 notioncapital.com: "The Currency Cloud closes £2 million investmen.."
July 12, 2012, 01:23:26 PM
#1
Quote
Notion Capital, the entrepreneur-backed venture capital firm with a focus on Cloud Computing and Software-as-a-Service, today announced its first investment from the recently closed $100 million, Fund 2.

Quote
About The Currency Cloud www.thecurrencycloud.com Launched to market in 2012, The Currency Cloud is a low cost, transparent, end-to-end cloud based cross currency payments automation service that is changing the face of the global foreign exchange payments industry. The service makes the complexity of international payments processing simple and removes the inefficiencies and costs that are inherent to existing methods of sending and receiving international payments.

http://notioncapital.com/currency-cloud-closes-%C2%A32-million-investment-notion-capital
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