GoCoin has added three new fiat currencies as payout options for merchants – euros, pounds sterling and Singapore dollars.

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The announcements come amid a string of new details about the company’s business progress. Since raising $550,000 in November 2013, GoCoin has arguably become a big-three payment processor alongside BitPay and Coinbase due to its agnostic approach to digital currencies, accepting litecoin and dogecoin alongside bitcoin.

In statements

, CEO Steve Beauregard asserted that the company has "greatly exceeded its growth projections in 2014", and is well-positioned for success this year.

"We now have a clear vision of how to focus our efforts in order to drive payments innovation in the sectors that will benefit the most,” Beauregard.

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The announcement was made during Beauregard’s keynote address at Inside Bitcoins Singapore, a two-day conference taking place 29th to 30th January at the Suntec Singapore Convention and Exhibition Centre.

GoCoin's full payout terms and conditions can be found on its website.

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