Balanced Partners Coinbase to Enable Bitcoin Payments at Over 450 Marketplaces

Balanced is white-labeled web-based dashboard & payments API. It is a payment system designed for marketplaces from the scratch. The company offers two products – Balanced Processing and Balanced Payouts. It’s solutions can also be used for any type of e-commerce model beyond marketplaces and ad networks. On 21st February 2014, Balanced announced its partnership with Coinbase to enable its customers to accept Bitcoin as a method of payment.

Previously known as PoundPay, Balanced was Co-Founded by Matin Tamizi (CEO) and Mahmoud Abdelkader (CTO) in October 2010. The company has received a total funding of $3.5 Mn through investors SV Angel, Brian Chesky, Yishan Wong ( ...

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