Bitnob provides a platform for Bitcoin transactions, enabling users to send and receive money across African countries while offering virtual cards for seamless cross-border payments. The service addresses the challenges of limited payment options and high transaction fees in the region by allowing users to buy, sell, and auto-save Bitcoin with no limits.
Funding
$500K 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.
ARFounders
Product
Problem
Many individuals and businesses in emerging markets face challenges with cross-border payments due to limited access to traditional banking infrastructure and high transaction fees. Existing payment solutions often lack the speed, flexibility, and security required for seamless global transactions.
Solution
Bitnob provides a platform that enables businesses to accept crypto payments, issue virtual cards, and facilitate cross-border transfers. The platform offers secure Bitcoin and stablecoin wallets, allowing users to manage their digital assets. Bitnob's APIs enable developers to build custom payment solutions, including wallet management, virtual card issuance, and payment processing with local currency settlement. The platform also supports global payouts from stablecoins or BTC to fiat in over 20 currencies.
Target Audience
Bitnob targets businesses of all sizes in emerging markets that require solutions for accepting crypto payments, issuing virtual cards, and managing cross-border transactions, as well as developers looking to build custom payment solutions.
Features
- Bitcoin and stablecoin wallet creation and management via API
- Virtual card issuance and management for global spending
- Crypto payment acceptance with settlement in 30+ local currencies
- Global payout infrastructure for instant transfers from crypto to fiat
- Trading APIs for Bitcoin and USDT swaps
- Treasury management tools for holding and managing Bitcoin and stablecoin reserves
- RESTful APIs and SDKs for integration into existing platforms
- Two-factor authentication, data encryption, and secure servers