According to Foresight News, crypto payment company CityPay has completed a seed round of financing of over 2 million euros (about 2.17 million U.S. dollars), including a 500,000 U.S. dollar cryptocurrency investment, with participation from Tether, Presto Ventures and other angel investors. This round of financing will be used for market expansion and to promote the development of the B2C platform. CityPay.io helps corporate customers receive cryptocurrency payments in four ways: web-integrated payments, POS terminals, email bills and personal initial deposits.