PANews reported on August 11th that The Smarter Web Company (AQUIS: SWC | OTCQB: TSWCF | FRA: 3M8) announced the completion of a subscription for 3,452,086 new ordinary shares, raising £7,626,129, or approximately £2.21 per share. The company expects to receive approximately 97% of the settlement funds early this week, with 4,490,000 shares remaining outstanding. The company will begin accepting Bitcoin payments in 2023 and plans to expand its customer base and recurring revenue through mergers and acquisitions.