ZebPay Warns Users Against Investing in MMM and Others
ZebPay recently sent an advisory/warning note to all its users urging them not to invest in Ponzi schemes like MMM. The note also warns the users against using ZebPay's services for such schemes. Try going to a nearby park to ask people about Bitcoin, and you will be surprised to realize how little people actually know about it. While some people are more knowledgeable about Bitcoin, others aren't-most of them would say that Bitcoin is some form of digital currency that is volatile in nature. Some might go a bit further to say that bitcoin is a form of money that is used to buy drugs....
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According to reports, Indian bitcoin wallet provider Zebpay is in talks to secure $4-$5 million in a Series-A round of funding. By November, bitcoin wallet startup Zebpay is expecting to close Series-A funding of $4-$5 million, according to co-founder Saurabh Agarwal. A report from Indian business daily The Economic Times revealed that the company is in discussions with multiple Indian investors and an unnamed US-based venture capital fund that has a track record in investing in blockchain technology endeavors. Zebpay works as a mobile-only bitcoin wallet app, allowing users to buy, sell....
Zebpay, an app-based bitcoin exchange, has just crossed the 100,000 downloads milestone for Android and iOS devices, highlighting "India's growing interest in bitcoin as an investment, commodity and technology." Eyeing a user-base of more than 450,000 by the end of 2016, Zebpay is now in the process of raising additional funding to "expand more aggressively in India," Sandeep Goenka, co-founder and COO of Zebpay, told Bitcoin Magazine. Founded in 2015 by computer engineer, Mahin Gupta, and businessmen, Saurabh Agrawal and Sandeep Goenka, Zebpay is a startup specializing....
Bitcoin adoption has been making a lot of headway in the remittance markets, as well as the unbanked and third world markets. Zebpay thrives in these markets. Starting as a bitcoin exchange known as buysellbitco.in, Zebpay quickly became a bitcoin-based mobile wallet provider in September of 2014. Zebpay is India’s first bitcoin app, allowing people to buy, sell, or transaction bitcoin. Besides exchanging from fiat to BTC, Zebpay has also transacted Flipkart and Amazon vouchers among others, with IPL tickets soon to come. Now Zebpay is in discussion with a developer in Ahmedabad who wants....
India is a very attractive market for most of the Bitcoin companies. The country has its own homegrown Bitcoin companies and there are many international ones who are looking to set up shop in India. Zebpay is one such homegrown Bitcoin company. NewsBTC caught up with Sandeep Goenka, Co-founder of Zebpay and asked him a few questions. Here is what Sandeep had to say. NewsBTC: Can you tell us a bit about Zebpay? Sandeep: Zebpay is the world's simplest Bitcoin app. For regular people who are not geeks, using Bitcoins has a learning curve. You have to understand concepts like Bitcoin....
Sandeep Goenka, COO and co-founder, ZebPay, attributes the increased interest in Bitcoin in India to demonetization. ZebPay, an Indian Bitcoin exchange company, clocked in a turnover of over 500 crore (USD 5 billion). They did more than Rs 100 crore of trade turnover in November 2016 and are on target to achieve a turnover of Rs 1,000 crore, this year. Sandeep Goenka, COO and co-founder, ZebPay, attributes the increased interest in Bitcoin in India to demonetization. This sudden rise in interest has catapulted the value of the bitcoin from around $300 last year to now over $700. Zebpay....