Bitcoin payments startup BitPesa has raised $2.5m in a new Series A funding round.
Bitcoin remittance startup BitPesa has lost one of its board members following an appointment to a top government position related to technology.
A Kenyan High Court judge has ruled that M-Pesa operator Safaricom will not be required to grant access to BitPesa amid an ongoing legal dispute.
The Kenyan High Court heard a case brought by bitcoin startup BitPesa against mobile money giant Safaricom two days ago.
Kenya-based bitcoin services provider BitPesa has raised $1.1m in funding led by Pantera Capital and including Bitcoin Opportunity Corp.
The socially-focused bitcoin startup aims to "cut through" the inefficiencies in international remittances and underdeveloped banking systems.
BitPesa has launched its beta program with the long-term goal of disrupting the remittance space.
Private companies, charities and individuals are teaming up to present a good first impression for bitcoin in Africa.