BitPesa

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BitPesa

A digital currency platform enabling fast, low-cost payments to and from frontier markets.

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DR 212013InactiveNairobi, Kenya
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About

BitPesa developed a system that allows businesses a fast, easy, and low-cost channel to make payments to, from, and within frontier markets. They focused on leveraging blockchain technology to facilitate remittances and cross-border transactions, particularly in Africa.
Frequently asked

What does BitPesa do?

BitPesa developed a system that allows businesses a fast, easy, and low-cost channel to make payments to, from, and within frontier markets. They focused on leveraging blockchain technology to facilitate remittances and cross-border transactions, particularly in Africa.

What is BitPesa's revenue?

StartupHub estimates BitPesa's annual revenue at $5.4M (range $3.6M to $14.2M, 27% confidence), based on comparable companies in the sector.

What is BitPesa's valuation?

StartupHub estimates BitPesa's effective valuation at $49.4M (range $32.5M to $78.0M, 10% confidence), based on comparable companies in the sector.

How much funding has BitPesa raised?

BitPesa has raised a total of $13M in funding. The most recent round on record is Series B.

Where is BitPesa headquartered?

BitPesa is headquartered in Nairobi, Kenya.

When was BitPesa founded?

BitPesa was founded in 2013.

What industry does BitPesa operate in?

BitPesa operates in Fintech, Payments, Digital Payments, Remittances, Cross-border Payments, Frontier Markets.

What is BitPesa's current status?

BitPesa's current operating status is: Inactive.

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