Kenya-based BitPesa, a digital payment startup using blockchain technology, plans to expand into Asia by opening an office next year. BitPesa facilitates international transactions using bitcoin, reducing risk exposure to exchange-rate fluctuations and offering competitive exchange rates without additional fees. Most transactions occur between Europe and Africa, but there’s growing activity between Africa and Asia. CEO Elizabeth Rossiello emphasizes the company’s role in easing market entry for Asian companies into Africa. BitPesa, already licensed in Africa and Europe, is expanding its operations, targeting regions like South and Central Asia to manage currency and transaction issues. Read it here.
