BitPesa company logo

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bitpesa.co

Founded Year

2013

Stage

Unattributed - V | Alive

Total Raised

$36.9M

Last Raised

$6.26M | 3 yrs ago

Revenue

$0000 

About BitPesa

BitPesa develops a digital currency payments platform that accepts bitcoin payments, exchanges the bitcoin for local currencies, and deposits the currencies into bank accounts or mobile money wallets.

BitPesa Headquarter Location

12, M1, The Mirage Waiyaki Way

Nairobi,

Kenya

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Research containing BitPesa

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned BitPesa in 3 CB Insights research briefs, most recently on Feb 11, 2021.

Expert Collections containing BitPesa

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

BitPesa is included in 4 Expert Collections, including Blockchain.

B

Blockchain

4,719 items

Companies and startups in this collection leverage blockchain technology for crypto trading, decentralized finance (DeFi), NFTs, and more.

F

Fintech 250

498 items

P

Payments

2,305 items

Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.

F

Fintech

3,330 items

Excludes US-based companies

Latest BitPesa News

FTX partners with African payments company AZA Finance to boost web3 adoption

Mar 16, 2022

advertisement Crypto exchange giant FTX has partnered with AZA Finance, the payments firm formerly known as BitPesa, to grow the web3 economy on the African continent. The partnership will explore five key areas for web3 development in Africa, including offering support for deposits and withdrawals using African fiat currencies on the global FTX platform, according to a statement on Wednesday. It will also work to improve Africa’s web3 infrastructure while creating useful learning and networking resources for participants in the region. FTX and AZA Finance also plan to launch African digital currency trading pairs. The fifth area of the collaboration involves non-fungible tokens (NFTs), with FTX planning to onboard African NFT artists to its marketplace. Established back in 2013 as BitPesa, AZA Finance is the latest African crypto and payments company to attract interest from FTX in the latter’s push to establish a footprint on the continent. In November 2021, FTX led a $150 million Series C extension for African remittance unicorn Chipper Cash. Given the emerging nature of the web3 space, regulatory clarity is still lacking in many jurisdictions in Africa. Commenting on the problems posed by this situation, Elizabeth Rossiello, founder and CEO of AZA Finance, told The Block that her company continues to work closely with state agencies on the continent. “We have stringent controls and are licensed now by central banks and Financial Conduct Authorities on three continents. We are looking forward to partnering with FTX to further expand its presence in Africa. Our strategy is to work closely with all regulators to ensure that any work in the African market in this regard is fully compliant and in the best interest of African users,” Rossiello added in a statement to The Block.

BitPesa Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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BitPesa Rank

  • When was BitPesa founded?

    BitPesa was founded in 2013.

  • Where is BitPesa's headquarters?

    BitPesa's headquarters is located at 12, M1, The Mirage, Nairobi.

  • What is BitPesa's latest funding round?

    BitPesa's latest funding round is Unattributed - V.

  • How much did BitPesa raise?

    BitPesa raised a total of $36.9M.

  • Who are the investors of BitPesa?

    Investors of BitPesa include Development Bank of Southern Africa, Sompo Holdings, Future Perfect Ventures, Pantera Capital, Greycroft and 9 more.

  • Who are BitPesa's competitors?

    Competitors of BitPesa include Paga, Coins.ph, Circle, Ripple, MobiKwik and 16 more.

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