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Foxabit, a multi-currency web wallet suitable for remittance and money transferring, which will be available on October 6th, 2015. The platform promises to offer 3 currencies (Bitcoin, pesos and dollars) and the best exchange rates in Mexico, at launch. Additionally, users will be able to send funds to other users inside the platform for free. Customers will be able to deposit funds through more than 15,000 convenience stores across Mexico, or use regular bank deposits.

“Foxabit will allow the unbanked to send and exchange multiple currencies at the best rates in the market. In Mexico 70% of the population do not have access to banks and other financial services, so they have limited options when it comes to investing or saving their capital. We are the first service of our kind targeting this sector, so we expect to disrupt the industry for the best,” said Carlos Torres, Chief Executive Officer of Coinamex SAPI de CV.

Finally, he added,

“We are expecting a high demand, so we have prepared our infrastructure accordingly. Users can rest assured they will have the best experience in our platform.”

About Richard Kastelein

Founder, Publisher and Editor in Chief of industry leading online publication, Blockchain News and co-founder and director at Blockchain Partners in London/Amsterdam/NYC. Kastelein is also an advisor with a number Blockchain startups doing ICOs including Humaniq.co where hs is interim CMO, DECENT.ch, Inchain, Chronobank, eGaas and others. He is regarded as one of the top journalists by the Blockchain and fintech communities – as is evident by his entry in the Top 150 Fintech journalists online and in the top 10 of the Blockchain Top 100 List.

As a prominent keynote presenter, he has spoken on Blockchain at events in Gdansk, Amsterdam, Minsk, Dubai, Antwerp, Eindhoven, Bucharest, Nairobi, Tel Aviv, Manchester, Brussels, Barcelona etc, where he helped spread the cause for Blockchain technology and cryptocurrency and, consequently, has built a notable network in the scene.

He’s also a director of a Dutch foundation called The Hackitarians and has run innovation events in London, San Francisco, Berlin, Amsterdam and other cities around the world on topics such Blockchain, Health, Energy, Internet of Things, AI etc.

In 2013, the European Commission appointed him as an expert for overseeing financing for emerging startups as a part of the European Commission’s 90 billion euro Horizon 2020 project, created in Brussels to promote innovation as a driving force of job creation and business ventures across Europe. He has also worked as an external expert for Innovate UK since 2012, judging startups for the UK government.

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