Lamassu Bitcoin Ventures

Lamassu is the Bitcoin ATM market leader.

Lamassu is the Bitcoin ATM market leader. In our first year, we have built over 250 Bitcoin ATMs, delivered to 150 operators, in 40 countries. We aim to grow to 1,000 machines in 2015, and to 10,000 machines by the end of 2017. Live machines currently process $20,000 of transactions per month on average.  Our user experience, design, build quality and reliability set us apart from our competition. As we move forward, we’re setting our sights to the $500bn global remittance market. Our machines will enable cash-to-cash remittance without fixed fees, positioning our company to compete on the sub $100 remittance market. This is possible by combining the Bitcoin rails and the power of cash to bypass traditional financial institutions.