Bringin Launches Bitcoin-Friendly Euro Accounts for European Businesses

Bringin has launched an invite-only beta for euro business accounts designed specifically for companies that adopt Bitcoin. The platform allows businesses to hold, accept, and pay in Bitcoin and stablecoins while maintaining full control over their coins. It also supports SEPA payments through a virtual IBAN in the company's name.

The new service, Bringin Business, is built to bridge Bitcoin and traditional banking. It offers a range of features, including the ability to add Bitcoin to treasury reserves, accept payments in Bitcoin, Lightning Network, or stablecoins, and pay suppliers and employees in Bitcoin. The company's euro account and Bitcoin wallet are integrated, providing governance and security tailored for business needs.

Private keys for each company's Bitcoin are generated within a secure, hardware-isolated enclave, ensuring that Bringin never has access to the raw keys. Payments can only be signed within the enclave after authentication by a designated company owner. The platform also integrates with accounting and tax reporting tools, as well as APIs to automate routine tasks.

Prashanth Chandrashekar, founder and CEO of Bringin, highlighted the challenges companies face when using Bitcoin: "Companies that use Bitcoin still struggle to get a euro account and move seamlessly between them." The new service aims to solve these issues, allowing businesses to get paid, hold value, and move money globally with accounts designed for self-custody and smooth payment experiences.

Bringin for Business is already being used by 15 businesses in the beta phase, including Lightning payment tools, mining-rig sellers, and Bitcoin conferences. It is available to companies across 30 European countries. Interested businesses can request an invite at bringin.app/business.