Bottle Pay announces a $2 million seed round to bring Bitcoin Lightning Network payments to the masses

Bottle Pay, build by Block Matrix, announced it has raised $2 million in seed funding from a group of private investors, The Block reports. In its current form, Bottle Pay is a web platform and browser extension tool that enables users to send bitcoin payments across social media platforms and chat apps. According to the Bottle Pay team, since launching in June, the app has seen 100% month-over-month growth in the number of payments sent through its app. Peter O’Donoghue, Head of Operations and Co-founder of Bottle Pay, told The Block:

“Bottle Pay facilitates new and easy ways for our users to exchange value between each other and will provide the means for creators to develop on our tech stack. Overall, our goal is to deliver huge social as well as economic value through the technology we are creating."