Moneytis Launches Open Beta of Global Bitcoin Remittance Service
A new consumer remittance startup is on the block, and it's bringing bitcoin to new corridors in Europe, China and Mexico. Freshly out of private beta, Moneytis has now opened its beta to the public. The service allows users to send international transfers from their bank accounts to the receiver's for a fee of two percent or less. The startup uses....
Related News
Bitcoin remittance provider BitPesa has officially launched its beta test. The Kenya-based company offers a 3% cut-rate fee, and is aiming to target the country's expats abroad who send $1.17bn home annually, according to The Wall Street Journal. Users send their bitcoin to BitPesa, which then converts the amount into the local Kenyan currency and sends it on to the recipient. The service promises same-day delivery and no hidden fees. BitPesa aims to disrupt a traditional remittance market that often imposes high costs on those wishing to use remittance services. For example, the cost of....
Bitmari, a bitcoin-based money remittance service for the African market based in Zimbabwe, has entered its beta phase, according to techzim.co.zw, a Zimbabwe technology news site. A meeting is planned for Thursday in Harare to answer questions. The service has been signing up users for the past few months and is working to meet Zimbabwe regulatory requirements for financial services. The company’s name, according to its website, is a combination of the words “bitcoin” and “mari,” meaning money or currency. Thursday’s meeting at the Rainbow Towers in Harare is open to the public and begins....
Luis Buenaventura is the head of product at Satoshi Citadel Industries, and "dreams of a world where everyone has access to everything". Satoshi Citadel Industries manages several different digital currency services and sites, including Bitmarket, in-beta exchange Coinage, photo-sharing site Bitstars.ph, and remittance service ReBit. SCI is also rolling out pre-loaded bitcoin cards as a way to get bitcoin into newcomers' wallets. Remittance is often cited as the one of the primary ways that bitcoin would change the global financial landscape, by virtue of the cryptocurrency's microscopic....
Bitso, a Mexican-based, Latam operating cryptocurrency exchange, announced it is launching a remittance service in Colombia. The company will now allow its customers in Colombia to send and receive remittances using dollar-pegged stablecoins on the platform. The exchange launched a similar service in Mexico last year in partnership with Circle.
Bitso Expand Remittances Program to Colombia
Exchanges are embracing crypto as a useful tool to transfer value across borders. Bitso, a Mexican-based exchange with operations in several countries in Latam, has announced the launch of a....
Today First Global Credit will be announcing their professional investment service at the Inside Bitcoin Exhibition, Las Vegas. First Global Credit's trading and investment platform promises to "bridge the gap between cryptocurrencies and global stock markets". CCN explores the opportunities and requirements of the offering. First Global Credit's service allows traders and investors to fund a margin account with bitcoins and to then open leveraged positions in a selection of instruments that include international company stocks, several global stock market indexes and ETFs. Their service....