Code, a startup company specializing in micro payments, has completed a $6.5 million seed round of financing, led by M13 and USV.
BlockBeats news: On February 7th, according to Axios, Code, a startup for small payments, has completed a $6.5 million seed round of financing, co-led by M13 and Union Square Ventures (USV).
Code has already launched an application to facilitate small online payments. The code is based on the Kin (KIN) cryptocurrency, which is valued in thousandths of a penny, and is designed to make it very easy to consume small amounts of funds.
In addition, the team has also released a developer platform and is about to launch a new blogging tool that allows anyone to earn rewards by writing.