Cryptocurrency Partners invests in African Bitpesa

Africa has achieved yet another milestone in the world of cryptocurrency as the first quarter of 2015 drew to a close. The continent saw the highest amount of venture capital backing so far according to the State of Bitcoin Report, which covered the trends of cryptocurrency in the period.

Although Bitpesa, headquartered in Nairobi, Kenya, was the only African cryptocurrency startup to make it into the VC investment section of the report, it was able to raise USD $1.1 million from Pantera Capital, Bitcoin Opportunity Corp and Cryptocurrency Partners in its second round of funding. This was the largest amount of capital to ever come into the African cryptocurrency space.