Uniting Separated Families with ‘Rebittances’: Interview with Filipino Company, Satoshi Citadel Industries
John Bailon is Co-Founder and CEO/CTO atSatoshi Citadel Industries (SCI), a Filipino Bitcoin startup aiming to improve the lives of Filipinos with smart and innovative products related to Bitcoin. As of today, the ventures company offers as much as 7 Bitcoin centered products, including the country's first Bitcoin bills payment systemBills Ninja, the Philippines' premier 'rebittance' serviceRebit.ph, and recently launchedthe country's first order book exchange,Coinage. In an interview with CoinTelegraph, Bailon talks about the Filipino market, the local Bitcoin community and his ambitions....
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Universal bitcoin company Satoshi Citadel Industries' Rebit.ph has partnered with California-based global transaction network and money transfer platform ZipZap to enable Filipino expat workers in Canada to send money back to the Philippines using the ZipZap payment application. Filipino workers spend around USD$2 billion in transaction and conversion fees when sending money back to their families. The remittance services and outlets such as Western Union and Lhuiller (Filipino Local Remittance Service) can be extremely expensive and inefficient, as it requires 5 percent to 12 percent of....
Satoshi Citadel Industries, the Filipino Bitcoin heavyweight has announced the acquisition of Keza Bitcoin investment application. Satoshi Citadel Industries, the Philippines-based Bitcoin company has added yet another feather to its cap. The company has recently announced the acquisition of Keza, a Silicon Valley-based Bitcoin investment company that allowed Bitcoin users to invest in the US and international markets. The acquisition of Keza comes at the time when the company was going through hardships. In the month of April, in spite of having a unique business model with lots of....
Satoshi Citadel Industries has received a new round of investment from a Korean Venture Company, helping the company expand its presence in the Philippines. The leading Bitcoin and financial technology company in the Philippines has just received a decent amount of funding from one of leading South Korean company. K Venture Group, the investment arm of Kakao Corporation (KOSDAQ: 035720) has invested an undisclosed amount in Satoshi Citadel Industries. With the influx of new investments, Satoshi Citadel Industries can now help its businesses expand, whereas for K Venture Group, this....
Filipino Bitcoin startup Satoshi Citadel Industries (SCI), has raised an additional US$100,000 as part of its ongoing seed funding round. Through this investment, serial entrepreneur Joe Maristela hopes to encourage other angel investors to consider putting money into the Philippines’ burgeoning tech industry. Commenting on the new fundraising, John Bailon, CEO and co-founder at SCI, told CoinTelegraph: "It’s refreshing to have an investor like Mr. Maristela, who maintains a proactive involvement with us and shares our passion for Bitcoin and what it can do for the Philippines. His....
The South Korean chat application, KakaoTalk recently picked up a 40 percent stake in Satoshi Citadel Industries. What can we expect out of it? Bitcoin is known to be ideal for inexpensive remittance and micro transactions. This indispensable feature of digital currency will soon be implemented into KakaoTalk. KakaoTalk is a popular South Korean chat application. The platform has over 170 million registered users who may soon be able to make digital currency transactions. According to reports, the company invested heavily into Philippines based Satoshi Citadel Industries. As part of the....