BitPesa Revenue and Competitors

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Nairobi, Kenya

Location

$2.5M

Total Funding

Fintech

Industry

Estimated Revenue & Valuation

  • BitPesa's estimated annual revenue is currently $10.4M per year.(i)
  • 0
  • BitPesa's total funding is $2.5M.

Employee Data

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Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$10.4M0N/A$2.5MN/A
#2
$25.7M180-1%N/AN/A
#3
$15.1M116544%$42.7MN/A

BitPesa is a digital foreign exchange and payment platform that leverages blockchain settlement to significantly lower the cost and increase the speed of business payments to and from frontier markets. BitPesa is a market-maker in every major African currency and opens corridors for business payments and trade between frontier markets and the rest of the world. Founded in 2013, BitPesa was the first blockchain company to be licensed by the UK's Financial Conduct Authority and follows stringent KYC practices. BitPesa services frontier market businesses and multinationals paying suppliers as far as China and UAE, as well as cryptocurrency traders. Our API also enables international remittance companies to send white-label payments to dozens of bank networks and mobile money operators across Nigeria, Kenya, Ghana, Uganda, Tanzania, Senegal, and the DRC. Launched in Nairobi, BitPesa now has offices in Lagos, London, Luxembourg, Madrid, and Dakar.

keywords:N/A

$2.5M

Total Funding

N/A

Number of Employees

$10.4M

Revenue (est)

N/A

Employee Growth %

N/A

Valuation

N/A

Accelerator

BitPesa News

2022-04-20 - Cryptocurrency Remittance Software Market Research Report ...

Electroneum, Sentbe, SpectroCoin, BitPesa, Celsius Network, ABRA, Metallicus, Everex, Request Network, Intermex Wire Transfer, TenX, Wyre, Wirex.

2022-04-13 - How has the economy of Tanzania got affected by bitcoin?

For example, bitcoin has allowed people in Tanzania to send money to family and friends abroad using bitcoin remittance services such as BitPesa...

2022-03-22 - [WATCH] FTX Partners with AZA Finance, Formerly BitPesa, to ...

Global cryptocurrency exchange, FTX, has partnered with fintech company, AZA Finance, formerly BitPesa, to expand the adoption of Web3 and...

2018-02-13 - Bitpesa Acquires Transferzero

BitPesa, a blockchain payments platform for Africa and Europe, acquired TransferZero, an international, online money transfer platform. The amount of the deal was not disclosed. Under the acquisition, TransferZero will continue to operate under the same brand name and all of its employees will ...

2018-02-09 - Fintech startup TransferZero acquired by African blockchain company BitPesa

Spanish fintech startup TransferZero has been acquired by Kenyan blockchain payments company BitPesa, which operates in Africa and Europe. No terms were disclosed. TransferZero is a money transfer platform based in Madrid and has partnerships with Spain’s third largest bank, Bankia. Its CEO Lu ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$0.4M3N/AN/A
#2
$0.6M4N/AN/A
#3
$0.9M6N/AN/A
#4
$1M7N/AN/A
#5
$0.6M9-18%N/A