Caribbean Startup Bitt Secures Seed Round USD$1.5 Million in Capital to Bring Digital Currency Financial Services to Emerging Markets

STARTUPS: Founded in 2013 by Gabriel Abed and Oliver Gale, Bitt is a digital asset exchange, remittance channel, and merchant-processing gateway based in Barbados. Bitt, Inc. has partnered with Avatar Capital to expand operations in the growing cryptocurrency industry. This latest partnership has firmly established Bitt as the frontrunner in the Caribbean’s burgeoning cryptocurrency ecosystem.

Powered by AlphaPoint’s state-of-the-art technology designed byveteran Wall Street traders, Bitt’s trading platform is a highlypowerful, user-friendly exchange that allows clients to tradesecurely and seamlessly. Bitt facilitates international Bitcointrading in 11 major fiat currencies, such as the US Dollar (USD),Great Britain Pound (GBP), Canadian Dollar (CAD), Euro (EUR), andBarbadian Dollar (BBD).  More