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NYDIG Purchases UK Payments Startup Bottlepay for $300M in Stock

NYDIG Purchases UK Payments Startup Bottlepay for 0M in Stock

Bottlepay allows users to make micropayments and send funds via messages on Twitter, Reddit and Discord.

NYDIG is purchasing British payments startup Bottlepay for between $280 million and $300 million in stock, the company confirmed Friday.

  • The bitcoin investment firm closed the deal earlier this week. The Block first reported the news.
  • U.K.-based Bottlepay is a global payments firm powered by the Lightning Network. Users can make micropayments of “as little as a penny” and send funds via messages on Twitter, Reddit and Discord.
  • The company completed an 11 million euro ($15.4 million) funding round in February from investors, including Alan Howard, a British billionaire hedge fund manager, who is also the company’s largest shareholder.
  • The Bottlepay round also included “present and former” Goldman Sachs partners and digital assets firm NYDIG.

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