Download our Press Kit to learn more about BitPesa
What is BitPesa?
BitPesa is a digital foreign exchange and payment platform that leverages blockchain settlement to significantly lower the cost and increase the speed of business payments to and from frontier markets. BitPesa is a market-maker in every major African currency and opens corridors for business payments and trade between frontier markets and the rest of the world. Founded in 2013, BitPesa was the first blockchain company to be licensed by the UK's Financial Conduct Authority and follows stringent KYC practices.
BitPesa services frontier market businesses and multinationals paying suppliers as far as China and UAE, as well as cryptocurrency traders. Our API also enables international remittance companies to send white-label payments to dozens of bank networks and mobile money operators across Nigeria, Kenya, Uganda, Tanzania, Senegal, and the DRC.
Launched in Nairobi, BitPesa now has offices in Lagos, London, Luxembourg, Madrid, and Dakar.
Impact of BitPesa in the payments industry
BitPesa standardizes global payments so you can instantly make payments to individuals, workers, or for your business service needs with a single transaction. We focus on building adaptive web technologies and a strong international network to ease the flow of funds. The result are quick, low-cost, automated payments to, from, and within Africa.
Using BitPesa, organisations can now take control of their payments to employees, distributors, or suppliers, as well as collect payments from African customers. This includes payment from popular mobile money services as well as delivery to an organisation’s national or international bank account on the same day. We offer businesses the fastest and most cost-efficient way to make and receive payments in African currencies.
AWARDS & RECOGNITION
OUR EXECUTIVE TEAM
Elizabeth Rossiello, CEO & Founder
Elizabeth is the CEO and founder of BitPesa, expanding the company from Nairobi, Kenya to operations in 8 markets across Africa and Europe. Before founding BitPesa, Elizabeth was a rating analyst for microfinance institutions across sub-Saharan Africa, consulting for Grameen Foundation, Gates Foundation and the Acumen Fund, as well as working with regulators and policy-makers on legislation for financial innovations. Elizabeth sits on the Investment Committee for Bamboo Capital and the World Economic Forum's Future Council on Blockchain. She holds an M.A. in International Business and Finance from Columbia University.
Charlene Chen, COO
Charlene is the COO of BitPesa, with over 10 years of private sector and social sector experience, ranging from internet startups to Fortune 500 companies to international non-profits. She began her career as an IT consultant at Deloitte Consulting, but during business school made a career shift to focus on social entrepreneurship, technology, and mobile financial services in sub-Saharan Africa. In 2015, Charlene was listed as one of Innotribe’s “Power Women in Fintech,” and sits on the Central Bank of Nigeria’s Virtual Currency Committee. She holds an MBA from the Haas School of Business at the University of California-Berkeley and a B.S. in Psychology and Computer Science from Duke University.