BitFury Invests in Pan-African Bitcoin Trading Platform BitPesa

BitFury Invests in Pan-African Bitcoin Trading Platform BitPesa

Bitcoin mining hulk BitFury has currently announced a ‘strategic investment’ by a investment arm BitFury Capital in BitPesa, a Pan-African and concept remuneration and bitcoin trade platform.

The BitFury Group, a best-funded miner in a Bitcoin attention by investments has currently announced an investment of a possess in African bitcoin remuneration and trade height BitPesa.

As a payments processor, BitPesa enables users in Africa to buy and sell internal African currencies by Bitcoin. The allotment directly occurs to and from African bank and mobile income accounts. The use of Bitcoin as a middle for banking sell facilitates cheap, fit and discerning payments from and between East, Central and West Africa while forgoing normal bank handle and attorney costs. The countries that are serviced by BitPesa embody Kenya, Nigeria, Tanzania and Uganda.

In statements, BitFury CEO Valery Vavilov spoke about a advantages that a decentralized, tellurian banking like bitcoin brings to a unbanked masses.

Our goal is to make tellurian transacting easier, generally for those who continue to face obstacles to financial growth.

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