SlideShare a Scribd company logo
Gibson Juma | CEO
Bitsoko
Emerging markets love mobile money
When mobile money first
came into the scene in
2006, it was touted as a
game changer due to it’s
ability to allow users
access to financial
services over the mobile
phone.
Sources: GSM Association, Simone di Castri and Lara Gidvani
Digital Money around the world..
Solution?
What is the problem?
Digital money is a nascent and rapidly growing industry. Despite this,
there is no service that allows local users to safely store, manage and
spend their digital money.
Mobile money brings great benefits however transaction fees still
remain a problem being as high as 4-8% Bitsoko aims to bring fees as
low as 0.5%
High Fees
No Alternative Solutions
Bitsoko extends mobile money benefits by reducing transaction fees by up to 4000x, transaction
times as low as 30 seconds and minimum transaction amounts to as little as Ksh 5/= while at the
same time providing better security and greater transparency.
By ensuring inter-currency-operability, bitsoko
will help you manage your digital money.
Whether bitcoins, altcoins or government
issued digital money, bitsoko will conveniently
replace your leather wallet.
Enable you transact amount as small as 5 Ksh
and pay transaction fees as little as 10 cents
View statistics and spending history to help you
keep track of and better manage your money.
Access even more financial and payment
services directly from your mobile application.
Our solutions
INSTANT TRANSACTIONS
Bitsoko users will not need to wait whenever they make
a purchase since merchant payments are instant.
Our advantages
EASILY SCALABLE
Users are able to transact in
any country with mobile
money or banking systems.
VERY SECURE
Bitsoko offers a secure
way to transact since
your money, however
small cannot be stolen.
$ 12
Billion
Market
Value
The market
Market opportunity
Currently digital money is a 12
billion dollar market world wide.
In Kenya digital money remittances
are expected to cross 690 million
dollars by end of this year. Of this,
over 0.6 million USD will be done
exclusively through digital money.
Locally, digital money users have
grown from about 120 since 2013 to
over 800 at present.
Ksh 50
Million
Local market
value
Over 800
users locally
Product overview
Bitsoko is a suite of digital
money management tools for
users and merchants trading
in digital money.
A mobile application for users to easily
store, manage and spend
their digital money
A device agnostic application for
merchants that provides POS terminal
services for transactions done in digital
currencies.
Bitsoko New age for mobile finance | Bitcoin wallet for Africa
team@bitsoko.co.ke
twitter.com/bitsoko_ke
facebook.com/bitsoko
Bitsoko.co.ke

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Bitsoko Bitcoin wallet for Africa

  • 1. Gibson Juma | CEO Bitsoko
  • 2. Emerging markets love mobile money When mobile money first came into the scene in 2006, it was touted as a game changer due to it’s ability to allow users access to financial services over the mobile phone. Sources: GSM Association, Simone di Castri and Lara Gidvani
  • 3. Digital Money around the world..
  • 4. Solution? What is the problem? Digital money is a nascent and rapidly growing industry. Despite this, there is no service that allows local users to safely store, manage and spend their digital money. Mobile money brings great benefits however transaction fees still remain a problem being as high as 4-8% Bitsoko aims to bring fees as low as 0.5% High Fees No Alternative Solutions Bitsoko extends mobile money benefits by reducing transaction fees by up to 4000x, transaction times as low as 30 seconds and minimum transaction amounts to as little as Ksh 5/= while at the same time providing better security and greater transparency.
  • 5. By ensuring inter-currency-operability, bitsoko will help you manage your digital money. Whether bitcoins, altcoins or government issued digital money, bitsoko will conveniently replace your leather wallet. Enable you transact amount as small as 5 Ksh and pay transaction fees as little as 10 cents View statistics and spending history to help you keep track of and better manage your money. Access even more financial and payment services directly from your mobile application. Our solutions
  • 6. INSTANT TRANSACTIONS Bitsoko users will not need to wait whenever they make a purchase since merchant payments are instant. Our advantages EASILY SCALABLE Users are able to transact in any country with mobile money or banking systems. VERY SECURE Bitsoko offers a secure way to transact since your money, however small cannot be stolen.
  • 7. $ 12 Billion Market Value The market Market opportunity Currently digital money is a 12 billion dollar market world wide. In Kenya digital money remittances are expected to cross 690 million dollars by end of this year. Of this, over 0.6 million USD will be done exclusively through digital money. Locally, digital money users have grown from about 120 since 2013 to over 800 at present. Ksh 50 Million Local market value Over 800 users locally
  • 8. Product overview Bitsoko is a suite of digital money management tools for users and merchants trading in digital money. A mobile application for users to easily store, manage and spend their digital money A device agnostic application for merchants that provides POS terminal services for transactions done in digital currencies.
  • 9. Bitsoko New age for mobile finance | Bitcoin wallet for Africa team@bitsoko.co.ke twitter.com/bitsoko_ke facebook.com/bitsoko Bitsoko.co.ke