Circle builds European presence with 2 new markets

Social payments app Circle is rapidly building its presence in the European market.

The company announced that it is adding the euro and European cards to its list of supported financial systems. In particular, users of the peer-to-peer payments app in Spain and Ireland can connect their Spanish or Irish bank account to the app to send and receive money within their countries and across borders.

“More than a payment app,” Circle said its goal is to make online payments as simple and convenient as possible, while also making sure that additional safety measures and user privacy protection are in place.

“Unlike existing systems that are closed and proprietary, we use open internet standards and protocols, including the blockchain (allowing us to offer this service for free),” the company said in its website.