TechCrunch – 11/17/15: Align Commerce, a new startup from an old hand in the payment and transaction market, has raised $12.5 million in new financing to use blockchain technology to create a new cross-border payment technology for small and medium-sized businesses. Founded by Marwan Forzley, a former executive at Western Union, Align Commerce is using the blockchain technology and Bitcoin as an alternative way to transfer money among small and medium-sized businesses in the same way that other companies have leveraged the technology for peer-to-peer money transfers or payments to individual contractors.
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