Bitspark is Making Bitcoin Easier To Use
Founded in April 2014 in Hong Kong with the vision of providing the securest, most innovative and simplest to use cryptocurrency platform, Bitspark (the website is now undergoing maintenance) is a limited private company dedicated to easy-to-use and multi-lingual services aimed at making Bitcoin transfers easier than ever. Last week, Bitspark announced several major developments, including secured investment funding from fintech investors based in Hong Kong and a partnership with Palo Alto based Bitgo Inc meant to provide the best Bitcoin security, arbitraging in particular 'multi-sig'....
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One key area where Bitcoin could make a splash is in the world of money remittances. As things stand right now, sending money overseas is a very costly business, with fee amounts running in double digits most of the time. Bitcoin is a borderless digital currency at low to 0 fees, making it a viable competitor. Bitspark, the world’s first end-to-end remittance service powered by Bitcoin, has recently partnered with Bitgo Inc. Bitspark’s Funding Round. Bitspark is not just a bitcoin-fueled remittance service they are also Asia’s leading crypto-financial services provider. As is the case with....
It makes sense for both companies to venture into the Malaysian market, as there are plenty of opportunities to explore. Malaysia seems to be warming up to the concept of Bitcoin and Fintech as of late. Thanks to a new partnership between Bitspark and Vitaxel Group, Bitcoin remittance will be coming to the Malaysian market very soon. Most people active in the world of Bitcoin and cryptocurrency will have heard the name Bitspark before. The company has been making a name for itself in the remittance sector by leveraging Bitcoin and blockchain technology. Moreover, they were the world’s....
Just a few days ago, BitSpark announced that it is halting all bitcoin exchange operations. Instead, the company will be focusing all of their attention on the remittance market. Bitcoin can play an important role in the evolution of money remittance as we know it, and BitSpark feels it is the best direction for the company at this point. BitSpark Partners with BitGo And Closes Funding Round. At the beginning of April, BitSpark announced the closing of a successful round of funding. Several prominent Hong Kong-based investors had injected an undisclosed six-figure sum into the company,....
Vitaxel Group will be a valuable partner for Bitspark, as they have over 5,000 distributors in over a dozen Asian countries. Fintech and Bitcoin startup Bitspark, based in Hong Kong, has partnered with Vitaxel Group. As part of this new agreement, the Bitcoin company will start offering its remittance services in Malaysia over the coming weeks. This news comes on the heels of the Malaysian government deciding to take a less strict stance on Fintechs and Bitcoin startups in the region. Both companies previously had agreed on a Memorandum of Understanding in June of 2016. That milestone....
Bitspark is targeting Hong Kong's sizeable population of Indonesian migrant workers with a new bitcoin-enabled remittance corridor. The announcement comes just a month after launching an identical service servicing the Philippines. The firm is pitching its low-cost way of sending money back home to more than 165,000 Indonesians residing in Hong Kong - 90% of whom are employed as foreign domestic helpers, according to the Census and Statistics Department. For the new service, Bitspark is sticking to the model it developed for Philippine remittances last month. This means a customer walks up....