BitPesa, a payments and digital foreign exchange platform that is facilitating intra-African trade, has launched its operations in Ghana. BitPesa targets business customers operating in and across its key markets and provides “FX, treasury, and settlement products through API or live OTC trading.”
The launch comes after BitPesa acquired TransferZero earlier this year, a move that has helped it expand its operations in Latin America, the Caribbean, and other frontier markets.
“We are now offering new currency pairs in Ghana allowing Ghanaians to make GHS payments that settle in more than ten currencies, including NGN, UGX, and ZAR. Since Nigeria is a very important market for BitPesa already, Ghana was a natural choice for expansion, as these are the two largest economies in West Africa,” the official press release states.
BitPesa expanded from East Africa to West Africa in 2015. The company enables businesses to make low-cost and fast B2B payments in Kenya, DRC, Uganda, Nigeria, Senegal, the UK, and across Europe.
“We are constantly looking for ways to promote intra-African trade, so we are excited about our services in Ghana. Ghanaians should be allowed to make global payments using their own currency and we are excited to facilitate this. We will continue to improve service offerings, compliance, and value for our new Ghanaian customers,” Elizabeth Rosiello, CEO and founder BitPesa said.
Founded in 2013, it focuses on business customers operating in and across its key markets and offers FX, Treasury, and settlement products via API or live OTC trading.
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