Tagged: Fintech

Bitspark Signs Master Agreement with Vitaxel Group

Following on from our announcement in June we have now completed our Master Agreement with Vitaxel Group (VXEL:OTCQB) for a market entry into Malaysia! Bitspark this week in Hong Kong signed our master agreement with Vitaxel Group for the rollout of remittance services in Malaysia. From the MOU in…

Banking the Unbanked – New Strategies Needed!

Every week we hear of the potential financial technology will bring to 2 billion unbanked…but is it being approached the right way? Read on to learn more There are new developments in the financial sector, new startups taking on the challenge and investments moving abroad to new markets which…

Bitspark in July

Hello World! Bitspark Product Round up time. Bitspark has had a lot going on the past few months with a lot ahead of us! Read on to learn more. Our team has been working tirelessly to provide the best remittance service to businesses and individuals alike. We at Bitspark believe…

Bitspark Begins Entry into Growing Malaysian Market with Vitaxel Group

Bitspark is delighted today to be announcing an MOU with Vitaxel Group (VXEL:OTCQB) for a market entry into Malaysia! Bitspark is expanding its MTO platform into Malaysia to cater the growing outbound remittance market with Vitaxel Group. Vitaxel Group and its subsidiaries have over 5000 distributors in 16 countries…

Philippines as a remittance destination

Philippines as a springboard for Remittances in SE Asia The Philippines comes in as the world’s third largest remittance market receiving a total of US$28 billion in 2014, only preceded by India receiving US$70 billion and China receiving US$64 billion. Remittances sent to the Philippines made…