Bitsika, the Ghanaian and Nigerian fintech startup that lets you send money between Ghana and Nigeria instantly has hits 100, 000 users.
- Ghanaian-Nigerian Fintech Startup BitSika hits 100, 000 Users
- Bitsika accepts Cedis, Naira, XAF/XOF and US dollars.
- Download the app from Google Play or the App Store and sign-in using either a Google account or an Apple ID.
Ghana and Nigeria fintech startup Bitsika – a mobile app that lets you send money to friends and families, buy airtime, create and top-up virtual VISA cards in has seen a surge of sign-ups and active users reach 100, 000 and processed more than $40 million in 16 months.
What is Bitsika?
The Bitsika app is simple to use remittance platform which aims to provide quick money transfer services to users across the globe. Created mainly for Africa to help curb the high-cost monetary transactions, the app also provides remittances services to any user where a user can receive payments, donations and funding from anyone on earth at no cost or hidden charges.
This is the feature that allows Bitsika users to send money between each other, within the app itself. You can see this feature by visiting the “Send to Friend” page. To send money to another user internally, you need their $sikatags (also known as $cashtags or usernames).
Input their $sikatags and amount and then send. You can also choose to send by scanning the other user’s $sikatag QR code. Money can only be sent between similar currency balances. e.g. You can only send internally from a Cedis balance to the other user’s Cedis balance, etc.
September 17th, 2019. —> 100 users.
February 4th, 2021. —> 100,000 users.
Achieved in only 16 months.
Grateful for the hard-work of the team and faith of the investors.
Great things ahead. pic.twitter.com/Gstlesgw37
— Bitsika – Freedom Comes Soon (@BitsikaAfrica) February 5, 2021
Bitsika supports the native currencies of Ghana, Nigeria and a few other West African countries. People in other parts of the world can also use Bitsika by depositing US dollars with their debit cards or crypto.