BitPesa

BitPesa
Private
Industry Bitcoin, Payments, FinTech
Founded 2013
Headquarters Nairobi, Kenya
Products Financial Services
Number of employees
19 (2015)
Website BitPesa.co

BitPesa is a universal payment and trading platform for Africa headquartered in Nairobi, with offices and staff in Lagos, London and San Francisco. It provides an online platform to convert digital currency such as bitcoin into local African currencies.[1] Founded in 2013 by Elizabeth Rossiello and Duncan Goldie-Scot, the goal of BitPesa is to allow individuals and businesses to send payments to and from Kenya, Nigeria, Uganda, and Tanzania .[2]

At the end of May 2014, BitPesa launched its beta site with a service that allows users to send money to any mobile money wallet in Kenya.[3]

As at November 2015, BitPesa offers instant payments to and from 7 different mobile money networks and over 60 banks in Nigeria, Kenya, Uganda and Tanzania.[4]

Products

BitPesa has three main products:

See also

References

  1. Paul Vigna and Michael J. Casey. "BitBeat: Kenya's BitPesa Raises $1.1 Million, Expands Operations". WSJ.
  2. Ombok, Eric (28 November 2013). "Bitcoin Service Targets Kenya Remittances With Cut-Rate Fees". Bloomberg.com. Retrieved 20 October 2014.
  3. Vignia, Paul (23 May 2014). "Kenya's BitPesa Launches Beta Test of Remittance Service". The Wall Street Journal. Retrieved 20 October 2014.
  4. Vignia, Paul (9 November 2015). "Bitcoin-Startup BitPesa Expands Into Nigeria, Uganda". The Wall Street Journal. Retrieved 17 December 2015.
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