THELOGICALINDIAN - Bitcoin barter and wallet startup Zebpay has beyond over addition anniversary processing over 200 crores in bitcoin affairs 200 crores converts to aloof over 30 actor USD
Zebpay launched in 2014 and is based in India. They started out as a bitcoin wallet, and in 2015, they launched a buy and advertise affection which has formed out able-bodied for them. Two months ago they appear that they had processed over $15 million in bitcoin transactions.
Today’s anniversary shows cogent signs of growth, as the bulk in affairs candy angled in such a abbreviate aeon of time. In accession to the transaction milestone, Zebpay has additionally accomplished 50,000 users.
In a new abstraction appear by administration consulting close Zinnov that was based on the fintech startup mural in India, they begin an exponential acceleration in the cardinal of fintech startups over the last three years with a absolute advance in the area bridge over $1.3 billion USD. One of the focus areas is bitcoin and agenda wallets.
Bitcoin in India has been exploding, not aloof with Zebpay. LocalBitcoins aggregate in India is additionally assuming positive growth, as charted below.
In accession addition India based exchange Coinsecure, anchored a Series A advance round for $1.2 actor in April. Upon the achievement of the Series A round, the aggregation has affairs to access the blockchain based action solutions domain.
Another Indian based bitcoin startup is Unocoin, who afresh partnered with MobiKwik to advice bitcoin user acceptance in India. They additionally launched their own point-of-sale merchant application a brace of months ago.
