Finextra – 10/20/14: Bitnet, a bitcoin payments processor targeting large merchants that was set up earlier this year by a gaggle of Visa and CyberSource veterans, has raised $14.5 million in a series a funding round led by Highland Capital Partners. The round was also joined by Japanese e-commerce giant Rakuten, Webb Investment Network, Bitcoin Opportunity Corp, Stephens Investment Management, Commerce Ventures and Buchanan Capital Management. Peter Bell from Highland Capital Partners joins the Bitnet board.
Click here to read more: http://www.finextra.com/news/fullstory.aspx?newsitemid=26606
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