VC Bitcoin Fintech Deals Spike 100% In Q2

To say demand for Bitcoin fintech is heating up, would be a big understatement.

At the beginning of July, payments processor Vantiv made an offer for UK-based Worldpay, which operates in the same sector. Vantiv soon found itself embroiled in a takeover battle with one of the world’s largest banks, JPMorgan Chase as it tried to bag Worldpay for itself.

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Vantiv ultimately won the fight after JP Morgan decided to back down the deal price is £9.1 billion, and when combined, the two companies will be a powerful transatlantic payments group.

This deal illustrates how the battle for real estate in the...