Next Generation Payments for Africa
BitPesa was established in November 2013 to offer instant, low-cost international transfers and payments using Bitcoin as a means of settlement. Our first beta product came to market 9 months later in Kenya. Retail customers are sending through remittances for 1/3rd the price of the national average and have complete transparency into where their funds are. SME and Micro SME customers are using the platform to pay and receive salaries from abroad, access real-time payments for supplier shipments, and market their products globally. Our goal is to build a completely transparent, low-cost, instantly interoperable company that does not have a legacy of paperwork or outdated systems, despite presence in frontier markets. We have built partnerships with payment and exchange companies in China, Canada, the US, Europe, India with less than a week of integration work. We have incorporated in Kenya, Tanzania, Uganda, and Nigeria and are receiving an MRB Payments Institution License in the UK.