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Bitmarket.ph
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Bitmarket.ph

http://www.bitmarket.ph/
Last activity: 18.08.2016
Probably Closed - Reference to
Categories: AdTechBusinessCryptoDesignFinTechLocalMarketMarketplaceMediaOnline
Bitmarket.ph is a grassroots online marketplace, directory, and payment processor for entrepreneurs in the Philippines. Our initial target market is small local businesses, with an emphasis on the thousands of social media merchants and small business owners who have no access to traditional online payment methods like credit cards or Paypal due to the many barriers of entry. We want to connect them to the entire country and the world using the Bitcoin payment network, to give them a fighting chance against a growing global marketplace. Besides an online marketplace for Filipino merchants, we aim to assist local non-profit organizations and charitable institutions as well.

As an online marketplace and directory, we are giving free services to our merchant partners that will create immense added value to their business. Advertising and marketing, exposure in media, materials they can use for their business, and access to a totally new and fast-growing market of Bitcoin users all over the world. We are not just a tech company; we are a marketing company as well.

As a payment processor for Bitcoin, we are zero cost to merchants. The only requirement to start participating is an Internet connection. We make it very easy for any business, no matter how small, to begin accepting Bitcoin. We will be using our own API for online merchants and bricks-and-mortar establishments and provide them with the tools such as a portable Android device that can generate invoices for Bitcoin payments or easy-to-use web forms and invoice systems for e-commerce.

Bitmarket.ph is a company founded by a team of trusted local entrepreneurs with a great track record in multiple local industries with many diverse interests, employing hundreds of people between them.

We believe Bitcoin will be an empowering tool for an emerging market like the Philippines. Even though a very large percentage of Filipinos have no access to traditional banking, about 40 million Filipinos have access to the Internet, and mobile phone penetration is almost 100%. There is a great potential for this market to bypass current traditional payment systems and make the leap to the next step, which we believe will be Bitcoin. Bitmarket.ph aims to be at the forefront of this leap forward.

Bitmarket.ph is the first venture of many more to come from Satoshi Citadel Industries. It is founded by:
Nick Galan (CEO)
Jardine Gerodias (COO and CFO)
Miguel Antonio Cuneta (CCO)
John Bailon (CTO)

along with a brilliant and passionate team composed of:
Anthony Giovanni Chua (Chief Systems Architect)
Oscar Bicada III (Lead UI/UX Designer)
Sabina Lopez Vergara (Director for Marketing and PR)
Luis Buenaventura II (Lead Product Designer)
Michelle Varron (Managing Director for Visayas/Mindanao)
Kassy Pajarillo (Business Development)
Maan Flora (Account Executive)
Cole Ochosa (Account Executive)
Ash Garcia (Junior Designer)
Erica Enriquez Valerio (Corporate Communications)
Althea Acas (Legal)
Likes
3.48K
Followers
477
Followers
92
Mentions
2

Overview

Location
Philippines, Metro Manila, Makati
Employees
11-50
Phone
2 843 3841
Founded date
2014

Mentions in press and media 2

DateTitleDescription
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May 24, 2014Bitcoin Holds Big Promise for Charity but Hasn't Delivered Many Big GiftsAislinn Wish Leoncio-Apilado is a baby in the Philippines who needs a liver transplant. Miguel Cuneta, a bitcoin entrepreneur in the country, wanted to help. Cuneta, co-founder of payment services startup Bitmarket.ph, had already successfu...

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FAQ about Bitmarket.ph

When was Bitmarket.ph founded?

Bitmarket.ph was founded in 2014.

What has the press written about Bitmarket.ph?

Parsers VC has collected 2 articles mentioning Bitmarket.ph, among them “Bitcoin Holds Big Promise for Charity but Hasn't Delivered Many Big Gifts” (May 24, 2014).

Is Bitmarket.ph still active?

Bitmarket.ph is probably closed: its latest activity on Parsers VC dates from Aug 18, 2016.