At the time of this recording, Africa has the fastest growing middle-class and over 250 billion US Dollars in payments between its top markets like Nigeria, Kenya, US, Europe and Asia.
Yet, there are no pan-African payment companies,
Africa only has a 3% penetration of credit cards,
and the average cost of international transfers is 12% or more with a settlement time of 7 to 14 days
At Bnk to the future we were amazed at the mobile money revolution which allowed Kenya to become the 3rd fastest growing economy in the world.
we also believe that Africa should be able to send their money anywhere, anytime and without losing 12% just to send it back home to their family and friends.
Well, you’ll be glad to know that these problems will soon become history.
BitPesa developed products to tackle these issues and chose to raise part of their funding on our Online Investment Platform – BankToTheFuture.com
BitPesa now links local systems in each country to international payment rails in Africa.
Visa Europe launched a pilot application using BitPesa to help people remit money to and from Africa.
and now BitPesa offers global financial inclusion to a growing number of African countries after winning a grant from the World Bank.
BnkToTheFuture.com is the largest Online Investment Platform with thousands of professional investors waiting to invest in Financial and Technological innovation.
Go to our homepage and you’ll get to see the total number of professional investors, how much they have invested, and the amount of dividends that they’ve received.
BitPesa was a perfect match for us. They had a top lineup of support from investors like Barry Silbert’s Digital Currency Group, Pantera Capital, Blockchain Capital, Bitcoin Capital and BitFury Group.
They wanted funding from professional investors who believed in them and knew the value of their business.
and they wanted the investment to come through fast, in different currencies and with a streamlined compliance and documentation process.
A solution was found, and BitPesa decided to list on Bnk To The Future.
We gave BitPesa access to a global community of thousands of qualifying investors ready to invest in Financial and Technological innovation.
We gave them a platform that complies with international financial regulations tailored for most major currencies and countries.
We structured the investment in a way that meant they only get one registered investor.
We cut out the painful admin, legal costs and problems raising further finance in the future, as compliance and documentation was completed by us in an optimised investment structure.
And all under a “no win, no fee” agreement with no up-front costs.
We provided all our investors with one investment agreement and a forum to communicate with the team quickly, efficiently and privately with additional investor protections. Investors can download all legal work, due diligence and certificates via our platform whenever they want.
We also invested in BitPesa through one of our Venture Capital funds – Bitcoin Capital, meaning, investors got to co-invest with us on the same terms and our interests are aligned.
If BitPesa floats on a stock market, is acquired in the future or pays investors dividends, investors get their returns minus our 5% administration fee.
We built our Online Investment Platform with one purpose in mind – to prepare for a radically different future in Financial and Technological Innovation…
Businesses just like BitPesa can raise finance in a safe, fast and effective way, while our investors get to allocate a portion of their wealth to an extremely disruptive and fast growing area that many are beginning to see could change the world of finance – FOREVER!
Just like BitPesa, you can get involved by making a quick online application for finance at BankToTheFuture.com or register to see if you qualify to invest.
