September 30, 2014
No more waiting. We're happy to announce that we've opened our doors to a global audience!, tweeted Circle Inc. on September 29th.
Circle is a Bitcoin consumer finance
The company is very excited about Bitcoin and digital currencies
In its attempt to change the status quo, Circle started developing a suite of customer products aimed at facilitating ease of use, improving security and convenience, and enabling instant transfer. The platform has been developed based on open platforms and open standards like Bitcoin. The company is planning to collaborate with developers and technology enablers around the globe.
In the company’s initial product launch, it focused on the following features:
In addition to these features, the company is now also focused on providing global support in seven different languages covering around 40% of the world’s population. It plans to add support for more languages as it grows.
The company also wants to bring in more clarity regarding insurance in the minds of its customers. In May of this year, the company announced that it was offering theft insurance on 100% of their Bitcoin balances. The company has been building its own insurance program since then, partnering with more underwriters. Today, the company offers insurance cover to all its customers. The company has tied up with Marsh, which is one of the world’s largest insurance broker
The company is also focusing intently on native Android and IOS apps. At the Sibos international banking conference yesterday, the company showcased its Android and IOS apps. These apps are in Beta phase and will be released later, but the company identifies them as critical pieces of the whole picture.
Even though the company has just gotten started, it is growing at a decent pace over the last few months. In the years to come, the company promises to deliver many similar services bringing breakthrough innovation in digital payments and Bitcoin.