Bitcoin processing group BitFury has announced fresh investment in African Bitcoin platform BitPesa, a 'secure, transparent and trusted form of exchange,' which enables payment connections between Kenya, Nigeria, Uganda and Tanzania and subsequently exchanges Bitcoin for local currencies. It also sells bitcoin in Kenya, Nigeria, and Uganda. The company said that it will be investing US$10 million into the new bitcoin-based platform, with an additional US$ 5 million to come from its existing investors.
Bitcoin processing group BitFury has announced fresh investment in African Bitcoin platform BitPesa, a 'secure, transparent and trusted form of exchange,' which enables payment connections between Kenya, Nigeria, Uganda and Tanzania and subsequently exchanges Bitcoin for local currencies. The company said that it will be investing US$10 million into the new bitcoin-based platform, with an additional US$ 5 million to come from its existing investors.