Volabit Brings Bitcoin Mobile App and Bill Pay to Mexico
Mexico has seen modest Bitcoin market penetration so far but has also avoided any condemnation or over-regulation by government. Bitcoin is seen as a digital asset and is not illegal to use in Mexico. 7-Eleven stores have taken Bitcoin under agreement and merchants are starting to hear about Bitcoin and accept it in larger metropolitan areas. This has created fertile ground for growth and innovation, and the newest application in Mexico may be the best and most useful. Called Volabit, it brings debit card convenience to smartphones in Mexico, making Bitcoin as easy to use as a peso.....
Related News
Until recently WhatsApp and other instant messaging services were used only for communication. Then gradually it was adopted for advertising and marketing. Now, a Mexico based Bitcoin start-up called Volabit has found a completely different use for WhatsApp. The company has launched a new service called Jamie. Jamie is your assistant that can pay the bills for you. Operated by a computer bot, Jamie uses the bitcoin balance in your Volabit account to pay for the services. All you have to do is take a picture of the bill and send it to 322-200-4949 on WhatsApp. Once the request is confirmed,....
Mexican bitcoin exchange Volabit has received a significant investment, a new report from bitcoin news website CoinDesk indicates. The $250,000 funding comes from the Bitcoin Opportunity Corp., an investment firm led by SecondMarket and Bitcoin Investment Trust CEO Barry Silbert. Silbert sees potential in the exchange, and according to CoinDesk, is confident that the exchange can attract a significantly underbanked market in Mexico. "Through the use of bitcoin, Volabit has the potential to radically transform the US-Mexico remittance corridor, one of the largest money transfer corridors in....
Mexico-based bitcoin exchange Volabit has received $250,000 in new funding, an amount the company says will be used to further establish itself in the digital currency market. The capital comes from Bitcoin Opportunity Corp, a investment vehicle headed by SecondMarket and Bitcoin Investment Trust CEO Barry Silbert. Speaking to CoinDesk, Silbert said that he is confident Volabit can gain the users it needs to target the country's underserved consumer market, and that his firm's investment is a reflection of this belief. Silbert told CoinDesk: "Through the use of bitcoin, Volabit has the....
Bitso, Mexico's first Bitcoin exchange, has revealed to CCN a partnership with Pademobile that will allow all 3 million of the payment company's customers to purchase bitcoins from their mobile phones. The Mexican Bitcoin exchange has claimed they want to "strengthen the purchase and use of Bitcoin in Mexico" with this move. Pademobile is the company that was able to bring Bitcoin acceptance to every 7-11 in the country earlier in the year. Bitso has also announced that credit cards will now be accepted on their exchange platform, which makes them one of the first companies in the world to....
Bitcoin startups Volabit and SatoshiTango have opened a money transfer service between their respective countries through a collaboration called Coinnect. Volabit framed the offering as a bitcoin-powered international money bridge for remittances and global commerce that will minimize the bitcoin learning curve. Bitcoin is hidden from the Coinnect user experience. Those wanting to send money via Coinnect need only deal in their local currencies without worrying about bitcoin's price volatility. Volabit co-founder Tomas Alvarez told CoinDesk: "We believe that bitcoin has huge untapped....