The startup operates a Bitcoin platform that facilitates transactions for products and services both online and offline, enabling users to make immediate payments without incurring commissions or chargebacks. It provides a secure environment for individuals and businesses to buy, sell, and invest in Bitcoin, particularly benefiting users in emerging markets.
Funding
$350K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many businesses, especially those in emerging markets, face challenges in adopting Bitcoin due to complexities in accounting, regulatory compliance, and the need for secure, non-custodial wallet solutions. Existing payment systems often involve intermediaries, leading to higher transaction costs and reduced control over funds.
Solution
Bitcoin People provides a suite of software and consulting services designed to facilitate Bitcoin adoption for businesses while ensuring regulatory compliance and financial autonomy. Their core product, BPay, is a SaaS solution that enables businesses to accept Bitcoin payments both online and offline, directly from customers, without intermediaries. The platform offers features such as real-time transaction management, conversion to Euros to mitigate volatility, and comprehensive reporting tools for accounting purposes. Bitcoin People also offers BGate, a service for converting Euros to Bitcoin and vice versa, and BServices, which provides training and consulting on Bitcoin-related topics, including legal and accounting support.
Target Audience
The primary target audience includes businesses of all sizes, particularly those in emerging markets, that are looking to adopt Bitcoin as a payment method while maintaining compliance with local regulations and retaining control over their digital assets.
Features
- BPay: A Bitcoin point-of-sale (POS) system accessible via a mobile app, allowing businesses to accept Bitcoin payments using QR codes.
- Integration with e-commerce platforms like Shopify and WooCommerce through customizable APIs.
- Non-custodial wallet management, giving businesses full control over their Bitcoin funds.
- Real-time transaction dashboard for monitoring and managing Bitcoin transactions.
- Automated conversion of Bitcoin to Euros to mitigate price volatility.
- Reporting tools that generate statements in both BTC and EUR, simplifying accounting processes.
- BGate: A service for secure and compliant conversion between Euro and Bitcoin.
- BServices: Training and consulting services covering Bitcoin, wallet management, and legal/accounting aspects.