CATEGORY: Innovative Agent Solution, Business Service Solution, Open Category
NAME: Manuel | Beaudroit
APPLICANT TYPE: Company
Bitex is a financial service provider who have develop a solution that allows SME´s to move money cross-borderly by taking advantage of the bitcoin´s blockchain technology. We connect bitcoin liquidity providers in more than 50 countries and transfers money in minutes.
Our customers are able to either use our service as a turnkey solution or connect to our extensive API where they can issue simultaneous multiple payments which means reducing cost and time to settle payments.
We take a domestic wire, in local currency and convert it to single or multiple domestic wires in destination, without the need to worry about what exchange rate we will pay.
We were able to build in less than 3 months a vast networks of partners who allow us to connect more than 50 countries letting our customer issue international payments as simple as sending a domestic wire by applying the bitcoin´s blockchain technology.
In the last 12 months we have onboarded 65 companies moving in total almost 5 million USD and experimenting a turnkey solution which reduce their time to settle their payments from 5 days to one hour.
SOLUTION IS LIVE? Yes