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BitPesa Restructures, Secures $15M For Expansion

PYMNTS

OCTOBER 23, 2019

B2B FinTech BitPesa , which operates a platform offering foreign exchange and cross-border payment services, is restructuring and has announced new funding to support its expansion efforts. The company focuses on global currency trading solutions and financial services in both the B2B and B2C frontier. The company said on Tuesday (Oct.

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Tencent Steps Into Blockchain Trade Finance Space In B2B Push

PYMNTS

NOVEMBER 5, 2018

Corporate users of Tencent’s WeChat platform will be able to access trade finance with their mobile devices, with Tencent eying blockchain to promote data security and credibility in trade finance processes. Its focus on trade finance and SMB services marks Tencent’s recent restructuring and refocus on B2B operations.

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