Bitfxt, a Nigerian cryptocurrency startup, has raised $15M Series A funding from a UK syndicate of Hedge Funds and UK company, Payitup Clearinghouse Ltd (UK).
In a press release to African media platforms, Franklin Peters – CEO, Bitfxt expressed excitement and the possible benefit his startup could bring to the African ecosystem.
Bitfxt currently runs a hybrid exchange, cryptocurrency-powered ATM cards, and a global payment platform called Boundless Pay.
With the latest funding, Bitfxt intends to expand into new markets and improve existing products. According to the latest PR, users of Boundless Pay will have options of settling in the US dollar or Nigerian Naira through our portal and also earn in the US dollar locally moving forward.
Read more from source article: https://blocknewsafrica.com/bitfxt-technology-raises-15m/
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