BitPesa is an online payment platform that leverages Blockchain settlement aiming to lower the cost and increase the speed of business payments to, from and within sub-Saharan Africa.
On February 8 of 2018 BitPesa has announced that it acquires Transferzero, which is an online international money transfer solution for companies and the individuals in more than 200 countries.
BitPesa announcement regarding TransferZero
Through the integration, the company plans to spead the licensing and bank accounts services wider to the Europe and United Kingdom.
BitPesa has the support of top-tier, institutional investors and a network that will help to bring TransferZero’s technology to the next level. With this support, we will be able to provide even more efficient transfers and user experience.
former CEO of TransferZero, current MD at BitPesa
TransferZero headquarters will remain in Madrid, and will save the same brand name, but all of its employees will stay with BitPesa. The two companies working as one aim to explore regional and technological expertise together in order to accelerate month-to-month growth.