Zimbabwean Bitcoin exchange BitFinance secures new investment

BitFinance, a crypto-currency startup and Zimbabwean Bitcoin exchange just announced that it has secured additional capital from local angel investor Taurai Chinyamakobvu.



According to the BitFinance team, the funds will be used to expand the reach of their service and enhance the user experience on BitcoinFundi, their Bitcoin exchange which is an online platform used by third-party subscribers to hold and trade bitcoin with other subscribers.



BitFinance, co-founded by Tawanda Kembo and Verengai Mabika in 2014 gained some visibility across Africa in 2015 when it was accepted into Savannah Fund’s 4th accelerator class in Kenya. This is where the team secured its first round of funding.