New York bitcoin firm Celery partners with payment risk management firm Vogogo as it debuts services in Canada.
The Vogogo platform provides exchanges like Celery with risk management and payment processing services to for clients as they exchange between Bitcoin and fiat currencies.
Since being founded in early 2015, Celery has apparently accumulated over 10 thousand users and processed over two million dollars in volume. Formally launched in July 2015, notable investors in the platform include Draper Associates and BoostVC.
Celery co-founder Divya Thakur said:
This release marks the first expansion of Celery outside the US. Vogogo’s unified payments, risk and bank verification API enabled Celery’s Canadian integration to be straightforward and exceptionally fast. Snowbirds, Canadian professionals and businesses that make cross-border payments in US and Canada, now have a new and highly-accessible bitcoin-based option.
Vogogo CEO Geoff Gordon noted:
Vogogo continues to position itself as a pivotal partner to the crypto industry’s largest and most influential companies as well as new, smart and dynamic organizations like Celery which are scaling rapidly and experiencing significant growth. We’re immensely excited to be working with each of these groups and helping to solidify the global crypto ecosystem.
Celery permits trading and storage of three cryptocurrencies, bitcoin, dogecoin and litecoin.