Category Archives: EmilySpaven

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Emily Spaven – Kipochi Links Bitcoin With M-PESA

Emily Spaven – Kipochi Links Bitcoin With M-PESA:

Finance author Emily Spaven (@EmilySpaven) describes the launch of Kipochi (@KipochiPay), a Bitcoin wallet that provides interchange to and from M-PESA.  Excerpts:

“Kipochi has launched a product that allows people in Africa to send and receive bitcoins, plus convert them to and from the Kenyan currency M-Pesa.”

“Kipochi works on all mobile phones as it has SMS, USSD and HTML5 frontends, so there is no requirement for users to have the most up-to-date handsets.”

“Pelle Braendgaard, co-founder of Kipochi [said that] M-Pesa has been around in Kenya for years now, so mobile money is a part of everyday life in the country, which means it will be easy for Kenyans to accept digital currency as the choice for international payments.”

“Kipochi’s goal is to make it easier for people in these [communities of expatriates from Kenya and foreigners living and working in Kenya] to send and receive funds through the bitcoin network.”

“LocalBitcoins.com has also recently turned its attention to M-Pesa, making this option available to traders in Kenya and Tanzania.”

“‘The [tens of thousands of] M-Pesa agents are the target market of LocalBitcoins.com as well,’” [explained  founder Jeremias Kangas].”

 – http://bit.ly/15bcWnr
 – http://www.Kipochi.com
 – http://bit.ly/132zNi5 (Further discussion of Kipochi)

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