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Paystand Raises $20M to Be Blockchain-Based ‘Venmo’ for Commercial Payments

Paystand, a platform using blockchain tech to automate commercial payments, has raised $20 million in Series B funding. Backing the round are a number of VC firms including DNX Ventures, Battery Ventures, Epic Ventures, Commerce Ventures and Wildcat Ventures. Existing investors Leap Global Partners and BlueRun Ventures also took part.Paystand

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Blockchain Payments Platform Paystand Raises $20M in Series B Round

Paystand has successfully raised $20 million in its Series B funding round, VentureBeat and others reported on Feb. 6. The company will use this money to accelerate the growth of its blockchain-based commercial payment platform.The current round includes investment from DNX Ventures, Battery Ventures, Epic Ventures, Commerce Ventures and

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