Female Entrepreneur Launches Bitcoin Exchange BitOasis in Dubai
Ola Doudin, a female Jordanian entrepreneur, has launched a bitcoin wallet and exchange, BitOasis, in Dubai, after having difficulty finding any place to buy bitcoin in the region, according to The National Business in the United Arab Emirates. BitOasis plans to be the first bitcoin company in the Middle Eastern and North Africa (MENA) region to be registered in a major technology center in the region, according to its website. The wallet service is available in the Middle East, North Africa and Asia. Users in Saudi Arabia, the UAE, Kuwait, Qatar and Bahrain can also use the exchange....
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Dubai-based bitcoin startup BitOasis has announced its first round of seed funding, in a round led by venture capital firm Wamda Capital, an investor focused on startups in the MENA (Middle-East and North Africa) region. BitOasis, a bitcoin wallet and exchange service that caters to several Arab countries, has announced its first round of seed funding. Participating investors include prominent bitcoin- and blockchain-space investor Digital Currency Group (DCG), payments processor Payfort, Samih Toukan – a tech entrepreneur and other unnamed angel investors based in Dubai and New York. The....
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The Middle East isn’t typically considered a hotbed for bitcoin, but that hasn’t stopped entrepreneur Ola Doudin from generating local interest. The founder of bitcoin wallet and exchange BitOasis, Doudin graced the cover of Forbes Middle East in January in an issue where the startup was ranked 19th on a list of the most promising UAE-based startups. Doudin was lauded alongside co-founder Daniel Robenek for the firm’s dedication to spreading awareness of the emerging technology in the market. Since then, BitOasis has released a steady stream of updates to its service, offering the ability....
Online payment service provider PayFort is among a number of participants to invest in a seed funding round for Dubai-based bitcoin startup BitOasis. Additional participants included MENA-focused venture capital firm Wamda Capital, early Internet entrepreneur Samih Toukan, serial industry investor Digital Currency Group and a group of unnamed angel investors. The total amount raised was not disclosed. With the announcement, BitOasis becomes the first bitcoin startup in the region to announce venture funding, which positions the firm at the forefront of a very nascent sector of the global....