Seattle startup Transparent raises $ 14 million to develop decentralized payment network

Seattle-based startup Transparent Financial Systems is developing a "real-time" decentralized payment settlement network, and the company has completed a $ 14 million Series A financing. The round was led by Pantera Capital, with Twitter co-founder Jack Dorsey's Square, Digital Currency Group, Future \ Perfect Ventures, IDEO Colab Ventures and CMT Digital participating.