
BitPesa is a blockchain payments startup and digital foreign exchange that focuses on payments to and from African markets.
Founded in 2013, BitPesa offers the fastest and most cost-effective way to make and receive payments in African currencies. Their leading technology platform currently drives payments in Nigeria, Kenya, Uganda, Tanzania, and DRC, integrating with banks and mobile money. With subsidiaries across Africa and the UK, and licensing by the FCA, the company was the first to make a market between digital and flat currencies in the region. BitPesa’s Business Payment Platform uses cutting-edge blockchain technology to increase efficiency across markets. Organisations can send payments to employees, distributors, or suppliers, as well as collect payments from African customers in every local currency. Payment methods include popular mobile money services as well as delivery to an organisation’s national or international bank account on the same day. The platform screens against 300,000 unique identity profiles from over 240 countries and territories, and runs enhanced sanctions checks against more than 220 Global Sanctions and Law Enforcement lists, all in real-time.
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