This company has been through it all and has an incredible story. Yes, the model is custodial, Zap Founder Jack Mallers explained to Bitcoin Magazine. Zap Solutions Inc., the developer of lightning payments wallet service Zap/Strike has revealed that it has raised $3.5 million in seed funding. Today I am thrilled to finally publicly reveal Zap has closed a $3.5M seed round with some amazing strategic partners in both Bitcoin and payments. But it comes with plenty of upside. Yo. The Lightning startup Zap Inc. just raised its first round to build out both mobile bitcoin wallet services and a Visa partnership in 2020. Founder and CEO of Zap, Jack Mallers … Do you like Zap? Mallers is an extremely focused and hard-working developer and designer with strong intuition, ambition, and big-picture thinking. Per the rollout plan as presented by Zap founder Jack Mallers, Strike will be issuing the Strike Card in the US already in Q1 2021. Zap Inc., a Lightning payment startup, has announced its new payment application Strike Global that uses the Bitcoin lightning network and Bitcoin itself to offer instant and free payments globally. Strike, a popular bitcoin (BTC) banking service by US-based Bitcoin Lightning startup Zap, aims to have their Strike Cards rolled out in countries on two continents in the first half of 2021.. Zap, a Lightning Network payments startup backed by Visa through its Fintech Fast Track program, announced on Jan. 6 the rollout of Strike Global, a payments and remittances app using the Bitcoin layer-two technology.. An announcement by CEO Jack Mallers goes in-depth into the differences between standard fiat transfer mechanisms and the Lightning-powered mechanism in Strike Global. Awesome! Jack Mallers (@JimmyMow) Tom Kirkpatrick (@mrfelton) Contribute. We could actually really use your help! Jack Mallers. 6 min read. Open source isn't just writing code. CEO of ZAP Jack Mallers published some significant developments in a blog post on Wednesday, January 6 th.Zap Inc. launched the public beta of Strike Global in July of 2020. Mallers who launched payments processor Strike, which recently announced it was partnering with Carolina Panthers star Russell Okung to process half of his $13 million NFL salary in Bitcoin (). Zap CEO Jack Mallers believes Bitcoin is ‘the biggest thing that’s ever happened’ and ‘ultimately hope for humanity.’. Hey! Jan 6, 2021 at 5:00 p.m. UTCUpdated Jan 6, 2021 at 5:19 p.m. UTCZap founder Jack Mallers speaks at Bitcoin 2019 in San Francisco. In a blog post on Thursday, Zap’s founder and CEO Jack Mallers announced the results of the financing round that saw participation from Antony Pompliano’s Morgan Creek and led by Green Oaks Capital. Zap is a free Lightning Network wallet focused on user experience and ease of use, with the overall Source: Twitter/@JackMallers. Maintainers. 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