In the dynamic world of fintech and digital assets, Bitpowr Technologies Inc. stands as a beacon of innovation and progress. Founded with a mission to build critical infrastructure for the future of finance, this woman-owned business is a driving force in the blockchain space.
Mission, Vision, and Core Values:
Bitpowr’s mission is clear: to build the critical infrastructure necessary to power the future of finance. Their vision encompasses a world where financial services are seamless, accessible, and secure. Their core values are rooted in innovation, excellence, and the relentless pursuit of technological advancement.
The Origin Story:
The journey began in 2021 when the founders Amarachi Amaechi and Oyetoke Toby driven by a bold idea, brought together a passionate team. With Amarachi’s background in accounting and finance and over four years of experience as a software engineer in the fintech and blockchain space, she was well-equipped to embark on this visionary path.
Awards and Recognition:
Bitpowr has received accolades and press coverage for its groundbreaking work, underscoring its impact and influence in the industry.
Pricing Structure:
Their subscription-based products and services ensure accessibility and flexibility for their clientele.
Target Audience:
Bitpowr aims to reach crypto founders and fintech founders, those at the forefront of financial innovation. It sets itself out to be the “AWS of crypto”, providing financial institutions with easy access to the blockchain tools and infrastructure they need to launch and scale their products and services.
Bitpowr provides a comprehensive suite of financial solutions designed to elevate security and efficiency in managing digital assets. With a state-of-the-art Secure MPC Custody, users benefit from bank-grade security and accelerated transactions through an MPC-based vault, ensuring the highest level of key management encryption.
The platform’s Asset Management feature facilitates the integration of new investment vehicles, expedites asset transfers, and seamlessly connects to exchanges, resulting in reduced costs, enhanced operational efficiency, and improved transparency, all while streamlining regulatory compliance.
Bitpowr prioritizes compliance with anti-money laundering (AML) guidelines and Know Your Transaction (KYT) audits, safeguarding financial institutions and customers from illicit activities. The Secure Policy Engine empowers users to manage digital assets securely, defining transaction parameters through flexible approval and withdrawal policy settings.
Furthermore, Bitpowr’s Tokenization Engine enables the secure deployment, minting, and burning of tokenized digital assets with custom smart contract logic. The platform’s Seamless Automated Workflow enhances operational efficiency by automating key processes, such as fund collection timing and gas refill for Ethereum addresses, preventing failed transactions.
Long-term Goals:
Their long-term ambition is to become a unicorn, a symbol of unparalleled success and innovation in the fintech and blockchain ecosystem.
Notable Milestones:
Bitpowr recently achieved a significant milestone by clocking $200 million in total transaction volume, a testament to their growing influence and impact in the world of blockchain and fintech.
Bitpowr is more than a blockchain infrastructure business; it’s a driving force shaping the future of finance. With a commitment to innovation and excellence, they are poised to lead the way in this ever-evolving industry.