Tag: Bitpesa

Visa Wants To Compete With M-Pesa and Bitpesa in Kenya

The competition in the Kenyan mobile payments ecosystem is heating up. Visa is collaborating with various Kenyan banks to bring the competition to M-Pesa and Bitpesa. An interesting development, albeit the credit card issuer may have bitten off a bit more than it can chew. Visa Wants To Compete With M-Pesa Similar to a lot of other financial players in the market, Visa wants a bigger slice of the pie …
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Bitcoin Remittance Solutions Are Not Always Cheaper

The remittance industry seems to be ripe for disruption thanks to blockchain technology. But a recent report from Equities Research shows that not everything is rosy. There are some limitations to take into account for companies dealing with Bitcoin, but other distributed ledger-based companies may fare better. Blockchain in Remittance Remains Iffy Various Fintech companies are eyeing the remittance industry, as this sector is prone to disruption. More secure solutions, …
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BitFury Makes Investment in African Bitcoin Exchange BitPesa

Bitcoin mining hardware manufacturer BitFury, announced on Monday that it has made an investment in BitPesa, a Nairobi-based digital currency payment platform. BitFury completed the transaction through its investment arm, BitFury Capital. BitPesa recently expanded its reach into several African countries, where it provides a variety of financial services to the underbanked; bitcoin exchange via mobile money wallets; remittance and exchange between several local African currencies; sale of bitcoin in …
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Bitpesa Resumes Services In Kenya After Partnering With Airtel Money

Over the past few months, the situation of Bitcoin in Kenya has become a bit of a debacle, as the mobile provider used by BitPesa has cut off the company from providing their services. As this fight between both parties was not resolved in a timely manner, Bitpesa has signed a new agreement with Airtel Money, a different mobile money provider operating in various countries around the world. Also read: …
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