Bitbond and BitPesa to Simplify Business Financing in Africa

[kreslik.news]

BitBond, a German firm facilitating p2p loans via the bitcoin blockchain, announced today that it is teaming up with payment services provider BitPesa to improve access to financing for small business in Africa. The integration is now live in Kenya, Nigeria, Uganda and Tanzania.

New borrowers who receive funding on Bitbond in these markets can now have their loan paid out directly to a mobile money or bank account via BitPesa in local currency.

Founder and CEO of Bitbond, Radoslav Albrecht, says: “10% of our global user base comes from Sub-Saharan Africa. We are excited to work with BitPesa in this region because ... (read more)