ZapGo Uses Bitcoin To Allow South Africans To Spend Cash Online

ZapGo Uses Bitcoin To Allow South Africans To Spend Cash Online

ZapGo aims to revolutionize how young South Africans spend their cash online. The new mobile money start-up by South Africans Michail Brynard and Helghardt Avenant (currently halfway through the Boost VC accelerator program in Silicon Valley), uses the Bitcoin network as the underlying mechanism to transfer value. However, this is not an entirely new business. The duo ran it as Xoin prior and offered a slightly different service of selling bitcoin redeemable vouchers as an easy way to make the crypto coin accessible to many. From Xoin, they learned that bitcoin in its raw form is too....


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