Overfunding: Blockchain-Connected Software App Stark Quickly Surpasses £120,000 Funding Target Through Crowdcube Campaign

Stark, a blockchain connected software application, has surpassed its initial £120,000 funding target through its equity crowdfunding campaign on Crowdcube. Founded in 2018, Stark describes itself as a connected blockchain technology company that enables private and public companies to accept and process new forms of digital currency for themselves or their business customers.

“We have an extensive product roadmap and continue innovating in the crypto payments landscape. Partners who wish to offer crypto currency solutions can benefit from becoming a Reseller, Enterprise or White Label partner. Internet Merchants can use various merchant tools including a plugin for WooCommerce or our developer friendly API to accept #bitcoin #ether & #xrp instantly on their ecommerce stores and mobile apps.”

Stark further explained business owners currently have to apply for a Merchant Acquiring account in order to accept conventional card payments, both online or instore.

“This application process can take several weeks for approval and quite often the decision is based on the credit scoring of the business owner or the premises. We want to change this.”

Stark also noted that the Crowdcube investment at this early stage will allow the company to enter the market with an effective sales-focused marketing campaign.

“Our goal is to build an enthusiastic team that is passionate about technology but equally, helping businesses succeed.”

Stark is now offering 2.60% in equity at a £5,250,000 pre-money valuation through the crowdfunding campaign, which is set to close at the beginning of November.

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