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Bitex Raises $600K Seed Round

Recently funded · $600.0K SeedFinancial ServicesView source

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Latin American SMEs looking to simplify international transactions just got a boost: financial service provider Bitex has closed a $600K seed funding round. The capital will further its mission to empower commerce for small and medium-sized businesses by offering lean cross-border payments, payroll, and client charging services.

Bitex aims to minimize the cost, time, and effort involved in international transactions, helping companies reach more than 50 countries. Beyond traditional financial services, the company also operates a bitcoin exchange and a bitcoin payment gateway, catering to a broader range of digital commerce needs.

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