Hellobit

remittancesmobile/online remittanceblockchain

FOUNDING YEAR: 2014
LOCATION: United States
Last Update: 17/07/2020

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About

Hellobit is a money transfer solution built on the Bitcoin network. Our platform allows anyone to send money to friends and family anywhere in the world who can then pick-up cash from a trusted network of collaborative economy-based exchangers. Remittance is an almost half-trillion dollar a year market. By using digital currency, we remove the inefficiencies and fees associated with traditional remittance businesses.

MEDICI Analysis

HelloBit has built a consumer app that will connect bitcoin senders to local exchangers. Users can connect with these exchangers, be they individuals or businesses, and receive payments in local currency. The company operations were closed.

Focus

PRODUCTS & SERVICES

Remittance Service

Traction

VALUATION / MARKET CAP:

$1 M in 2015

Innovation Programs

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