Bitfy's partnership with Cielo allows cryptocurrency to be accepted as a method of payment in more than 1.5 million establishments in Brazil.
“The Dash Investment Foundation helps us in our main objective, which is to advance the use of cryptocurrencies in Brazil and our future international expansion roadmap. In a few years, we want to be operating in several countries offering a safe and simple solution for the use of cryptocurrencies as a means of payment and investment.”
Lucas Schoch, Bitfy CEO
"As elected supervisors on behalf of the Dash network, the Dash Investment Foundation is excited to inform the network that Bitfy has been added to our growing investment portfolio. We look forward to working together with Bitfy to help accelerate cryptocurrency user adoption in Brazil. Dash has a significant and growing user base in Latin America, and our investment in Bitfy will amplify and support those efforts."
Rodrigo Ambrissi, Dash Investment Foundation Supervisor
The Dash Investment Foundation (DIF) Growing Investment Portfolio
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Communications and Business Relations Manager at Dash
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Bitfy is the first multi-purpose, non-custody bitcoin wallet in Brazil. Founded by CEO Lucas Schoch in 2019, the app is available on Google Play and App Store. With Bitfy, it is possible to make all feasible financial transactions, using bitcoins to pay in more than 1.5 million establishments and several other digital services. In just over a year of operation, the e-wallet already has more than 60 thousand users and has carried out more than R $70 million in transactions.
Dash is digital cash designed to offer financial freedom to everyone. Dash allows millions of individuals across the globe to carry out instantly re-spendable and secure transactions, with near-zero fees. Built to support real-life use cases, Dash is the leading decentralized payment solution: it is accepted at merchants globally, accessible via 3,300+ ATMs and 100+ exchanges worldwide. Dash has pioneered groundbreaking features including a two-tier network with incentivized nodes and decentralized project governance (Masternodes), instantly settled payments (InstantSend), instantly immutable blockchain (ChainLocks), and more. The Dash Network’s development is supported by Dash Core Group, the largest organization funded by the Dash Treasury, which supports and nurtures the continued worldwide development and integration of Dash. For more information, visit https://www.dash.org/ or follow the organization on Twitter @DashPay.