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BitOasis raises seed funding

The Dubai based provider of bitcoin payment infrastructure raised the undisclosed amount from Wamda Capital, Digital Currency Group and Payfort.

Founded in early 2015, BitOasis has been building the infrastructure for new digital payment products using bitcoin technology. The BitOasis bitcoin exchange platform, wallet and cross border payment integrations, provide the tools to onboard consumers and businesses on a digital payment system. “Fintech is a primary focus in our investment strategy, and payments is among the largest market opportunities for tech startups in MENA,” said Fadi Ghandour, CEO and founder of Wamda Capital, in a statement.