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Strike
Strike is a financial application that enables users to buy, sell, send, receive, and store Bitcoin. It facilitates transactions over both the Bitcoin and Lightning Networks and offers services for converting between fiat currencies and Bitcoin. A notable feature is "Send Globally," which allows users to send funds internationally, leveraging Bitcoin for cross-border settlement into local currencies.
Distributed
Description
Strike, operated by Zap Solutions Europe Sp. z o. o., provides a range of Bitcoin-related services through its mobile and web applications. The core services include: Conversion Services, allowing users to buy and sell Bitcoin for supported Fiat currencies (EUR and GBP); Transfer Services, enabling the sending and receiving of Bitcoin over the Bitcoin and Lightning Networks; and Custody Services for storing Bitcoin balances. Strike exclusively supports Bitcoin and not any other virtual assets. The platform also offers a "Send Globally" feature, which facilitates local currency payouts to recipients in supported countries by converting the sender's currency to Bitcoin and then to the recipient's local currency via third-party partners. The service is designed for personal, non-commercial use, and users must complete identity verification procedures to open and maintain an account.Grant Funding
VC Funding
None
2022
$0
$80M