Founded in 2013, BitPagos focuses on providing payment gateway solutions to the Latin American regions. The company processes all types of payments including bitcoin and credit cards.
BitPagos is working on upgrading small businesses to accept digital currency and electronic cash.
Apart from helping merchants accept electronic payments, BItPagos is also providing financial services to the unbanked population in the region. Merchants can use BItPagos to process international transactions, both cards and bitcoins quickly for a fraction of cost.
BitPagos currently has over 8000 locations where people can buy bitcoins with cash and use it for online transactions..
The company has raised close to 1 million ($732,200 confirmed) so far.
Luciana Gruszeczka, Sebastian Serrano and Mugur Marculescu