How an African startup built a bitcoin network while crypto’s reputation crumbled
By Kate Fitzgerald
When jobs in banking dried up after the global economic crash in 2008, Elizabeth Rossiello went to work in Africa at several microfinance operations, where she saw firsthand how Kenya’s recently launched M-Pesa mobile money service was transforming payments.
Then, Rossiello heard that cryptocurrencies would be the next big thing. In 2013 she founded BitPesa, a digital foreign exchange and payments platform based in Nairobi.