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06/27 17:22

Tando Is Unlocking Spending Bitcoin For 40 Million

#World Cup Predictions: 100,000 USDT Daily #BTC Prophet: 20-Day 380 Million HTX Challenge #TradFi Trading Strategies Sharing Challenge Tando Is Unlocking Spending Bitcoin For 40 Million Kenyans Last month, Tando, the Kenya-based Bitcoin payments company, announced it had created a service that allows 40 million Kenyans to send and receive Bitcoin using the existing M-Pesa infrastructure. To pull this off, they strung together numerous pieces of technology, including in-house solutions, to make bitcoin’s Lightning Network act as a translation layer for millions. Tando Launched in 2024, Tando, the Kenyan payments company founded by Jason and Sabina Waithira Gitau, began as an attempt to solve a very specific problem: how do Kenyans spend Bitcoin like they do Kenyan Shillings (KES)? They quickly realized the best way to do that was to leverage the ubiquitous M-Pesa mobile money payment rail to provide a seamless experience. They built an app that allows anyone with bitcoin to pay an M-Pesa invoice without needing local currency. Once a user enters their M-Pesa phone number and amount, they receive a lightning invoice to pay, and the recipient receives Kenyan shillings (KES). The app soon grew in virality and reach among the growing base of Kenyan bitcoin users. As Gitau underscored in her panel at this year’s Oslo Freedom Forum, people can test out Tando using less than a dollar, without paying fees, or KYC, making it quick to validate and easy to adopt.

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