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Volabit
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Volabit is a bitcoin company. It was the first Bitcoin startup in Mexico. Founded in late 2013 as Coincove by Tomás Álvarez and Hannah Kim and subsequently joined by Genaro Madrid. It went through Boost VC and received funding from Tim Draper (from Draper Fisher Jurvetson) and Barry Silbert's Bitcoin Opportunity Corp. Volabit's mobile wallet can be funded through most corner stores in Mexico, mostly through cash, but also accepts wire transfers. It also provides a Magic like messenger service that allows users to pay for bills using a messenger app. It charges a 1% flat fee and all Bitcoin-Fiat conversions. In March 2015 Volabit and SatoshiTango launched Coinnect, a Bitcoin-based international transfer service. Later in the year, Volabit announced a partnership with BTCJam, which allows BTCJam's users to add funds from Volabit's wallet. |
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